$1,650,000 $8,858 est/mo Sourced by Back At You

205 W Madison St,Baltimore, MD 21201

Baltimore MD, 21201

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Description

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!

Details

MLS#MDBA2117952
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1880
Days On Site129
Listing Provided ByBerkshire Hathaway HomeServices Homesale Realty | Francis Kraus
Buying Commision2.5% Of Gross

Features

SQ Feet18,040
BasementY
ZoningOR-2
Acreage0.06

Market Activity 21201

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Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore
Zip Code21201
School DistrictBaltimore City Public Schools
Elementary SchoolThe Historic Samuel Coleridge-Ta
Listing VS Median (in 21201)
Price:
$1,650,000
low | high
Med:
$249,000
100% of Average
SqFt:
18,040
low | high
Med:
1,397
100% of Average
$ / SqFt:
$91
low | high
Med:
$178
44.874731567645% of Average
On Site:
129
low | high
Med:
290.000000
44.48275862069% of Average
Sourced by Back At You
Listing Updated: June 21, 2024 at 3:31:36 AM PDT