1400-1402 MADISON AVE, Baltimore, MD 21217
1400-1402 MADISON AVE, Baltimore, MD 21217
1400-1402 MADISON AVE, Baltimore, MD 21217
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Deric Beckett • Berkshire Hathaway HomeServices PenFed Realty
$429,900
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDBA2215540

Year Built 1920

Annual Tax Amount $10,785

Tax Year 2025

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Exceptional value-add investment opportunity featuring a 7-unit multifamily property with tremendous income potential. The building consists of six 1-bedroom units and one spacious 2-bedroom unit, offering a desirable unit mix for steady rental demand. With over 4,000+ square feet of living space, this corner property provides significant upside for investors looking to renovate and increase cash flow.

The property includes individual gas and electric meters for each unit, helping reduce owner expenses, plus a detached 2-car garage that offers additional income potential through parking or storage rental. Exterior features include a side courtyard, fenced backyard, and prominent corner location with strong curb appeal possibilities.
While the building requires renovation and improvements, it presents an excellent opportunity for investors, contractors, or developers seeking a project with substantial long-term potential. Ideal for portfolio expansion or repositioning strategy.
Cash, hard money, or commercial financing only. Property sold strictly as-is. Incredible opportunity to add value and maximize returns.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0314120378 001

Ownership Fee Simple

Security Features Window Grills

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Bank Owned/REO

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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1400-1402 MADISON AVE

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