Address
18 W Franklin Street, Baltimore, MD
Price
$ 900,000
Property Attributes
- MLS#MDBA2186662
- TypeCommercial
- Listing Status ACTIVE
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21201
- StyleApartment Building
- Year Built1820
- Taxes$ 15939
- Price$ 900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9466
- Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description
Exceptional investment opportunity in the heart of Mount Vernon! This fully occupied six-unit mixed-use building generates over $119,000 in annual income and features great long-term tenants who wish to stay. Ideally located in one of Baltimores most historic and vibrant neighborhoods, the property combines residential and commercial spaces, offering strong cash flow and stability. The building has been thoughfully updated adding modern finishes while keeping it's historic integrity. 18 W Franklin St. features 3 residential units and 1 commercial unit. Fully leased, with great tenants. 7 W Hamilton features an amazing 3 bedroom loft apartment with garage and a very cute 1 bed courtyard apartment, both leased to amazing tenants. Additional highlights include a beautiful courtyard, classic Mount Vernon charm, and close proximity to restaurants, shops, and public transportation. Roof and gutters were replaced in 2016. A perfect turnkey investment in a premier city location! Call LA to make your viewing appointment today.
| Price History | |
|---|---|
| 10/8/2025 | Listed $1,100,000 |
| 4/22/2026 | 14$950,000 |
| 7/8/2026 | 6$900,000 |
General Features
| Sewer | Private Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Window Unit(s) |
| Possession | Settlement |
| Roof | Architectural Shingle,Flat |
| Zoning | C-5HT |
| Construction Materials | Brick,Stone |
| Year Built | 1820 |
| Property Subtype | Five Or More Units |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Gas,Electricity,Water,Snow Removal |
| Business Type | Apartment Building |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Apartment Building |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | North on Charles St. to Left on Franklin St. Building on the right. |
| City | BALTIMORE |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4356.00 |
| Tax Assessed Value | 690300.0 |
| Tax Annual Amount | 15939.0 |
| Price Per Sq Ft Total AG | 82.07 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Ward 11 |
| Total Actual Rent | 119376.00 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 2 |
| Type of Parking | On Street,Private Garage,Public Garage |
| Water View Y/N | No |
| Building Area Total | 10966.00 |
| Lot Size Acres | 0.10 |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21201
Price
Taxes
Year Built
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