$1,900,000

1440 LIGHT ST, Baltimore, MD 21230

other
Built in 1952
5,227sqft lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

Endless development and investment opportunities exist with this primely located Federal Hill end cap and its adjoining residential rowhome. A combined 11,900 plus square feet of space and over 5,000 square feet of land mass are ideal for the starter investor to the dreaming developer. Currently the buildings are owner occupied and have a CAP rate of 7. C -1 Zoning has a myriad of permitted and conditional uses. Lift the roofline and build to 68 feet high; yielding an additional 2-3 stories of income producing space. Loan programs with as little as 10 percent down are available. Please contact the listing agent with all inquiries and tour requests. Buyer to verify all zoning and uses with the city of Baltimore. CAP rate based on full occupancy of existing buildings.

Listing Status:: Active
Listing Office:: Cummings & Co. Realtors : 4108230033
Listing Agent:: Aviva S. Karpe : 4436135008
MLS ID:: MDBA2172958

Flooring: WoodConcrete
A/C: None
Heating: Forced AirNatural Gas
Disability Feature: None

Roofing: Flat
General: Brick

Originating MLS: BRIGHT_MAIN
School District: BALTIMORE CITY PUBLIC SCHOOLS
County: BALTIMORE CITY-MD

Zoning: C-10323120996 008
View: City

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Aviva S. Karpe, Cummings & Co. Realtors

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Thomas Johnson Elementary/Middle School

100 E Heath St, Baltimore, MD, 21230

Grades PK-8

0.16 miles away

Thomas Johnson Elementary/Middle School

100 E Heath St, Baltimore, MD, 21230

Grades PK-8

0.16 miles away

Digital Harbor High School

1100 Covington St, Baltimore, MD, 21230

Grades 9-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.