Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want—high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage—a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don’t miss your chance to own a premier asset in one of Baltimore’s most desirable neighborhoods.
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Listing Snapshot
Price
$2,000,000
Days On Site
465 Days
Bedrooms
13
Inside Area (SqFt)
7,520 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1920
MLS® Number
MDBA2161694
Status
Active Under Contract
Property Tax
$1,920
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 weeks ago
Status changed to Active Under Contract
2 weeks ago
Listing updated with changes from the MLS®
3 months ago
Price changed to $2,000,000
a year ago
Listing first seen on site
General Features
Foundation
Other
Parking
None
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
7520
SqFt Total
7520
Style
Other
Water Source
Public
Zoning
COMMERCIAL/RESIDENTIAL
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterDryerRefrigeratorWasher
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