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Listed by Tim Klempa • VYBE Realty
$1,599,000
Est. payment /mo
3,875 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2208988
Year Built 1900
Annual Tax Amount $29,948
Tax Year 2025
Lot Size 3,875 Sqft
Acres 0.09
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
106 W. Saratoga is a gut renovated apartment building featuring 9 apartment units as well as one basement office unit that could serve as a maintenance office or additional income. The property has a parking lot out back of 7 spots and has always been a low vacancy popular building. It has a 10 year property tax credit which started in 2021 helping increase cash flow and is ready for the next owner to take it far into the future as a great long term investment. There is a 1mm+- assumable loan with 5+- years remaining at an interest rate of 4.2%+-. Buyer must be pre-approved to view.
Location
State MD
County Baltimore City
Zoning C-5HT
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Water Access N
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0304020579 016
Ownership Fee Simple
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS