419 E Oliver Street
Baltimore, MD, 21202 $ 2,800,000
Bedrooms12 Baths0.0 Monthly Estimate*
$ 18,610
for $2,800,000 with 12 bedrooms. This home was built in 1920 on a lot size of 0.36.
Zoned for Multi Family and many other uses. Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48,000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5,000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Electric Natural Gas
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Forced Air Other
Cooling Other
Possession Settlement
Zoning IMU-1
Garage Spaces 15.00
Architectural Style Other
Construction Materials Brick Block Concrete Mixed
Year Built 1920
Property SubType Other
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Section 10
Accessibility Elevator 2+ Access Exits
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Map or GPS
City BALTIMORE
Buyer Agent Compensation 2
Zoning Description Mixed use / Pud (Allows for Multi Family Office Industrial Retail Institutional Medical specialty uses etc)
Total Units 2
Lot Size Square Feet 15635.00
Waterfront Y/N N
Street Name OLIVER
Tax Annual Amount 15364.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft 58.33
Acceptable Financing Cash Conventional Bank Portfolio
Vacation Rental Y/N N
Days on Market 249
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 12
Tax Lot 048
Buyer Agent Compensation Type % Of Gross
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ExteriorPool No Pool
Water Source Public
Garage Features Inside Access Oversized Garage - Side Entry Built In
Type of Parking On Street Attached Garage Parking Lot
Foundation Details Block Concrete Perimeter Other
Water View Y/N N
Lot Size Acres 0.36
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 78100.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Gateway LlcBroker
jason@thelusbygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,610
- Monthly Property Taxes
- $1,280
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Baltimore, MD
Average List Price $392,131
Percent of Sale Price 86%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
9/6/2023 | $2,800,000 | | Listed Price |