Mixed Use Commercial/Residential Investment Opportunity
Price
$175,000
Off Market Listing: Prime Mixed-Use New Construction Opportunity in Baltimore, MD
Address: 1000 W Cross St, Baltimore, MD
Property Overview:
Total Square Footage: 2,686 SF
Configuration: Retail Store (First Floor), 1 Bedroom 1 Bathroom Unit (Second Floor), 1 Bedroom 1 Bathroom Unit (Third Floor), Rooftop Deck
Sale Price: $175,000
Market Rent After Construction: $3,000+
Property Description: Attention, savvy investors and developers! Here's an exclusive off-market opportunity to own a brand-new, mixed-use commercial/residential building in the heart of Baltimore, Maryland. This property offers the perfect canvas to realize your investment vision and capitalize on Baltimore's thriving real estate market.
Key Highlights:
Instant Equity: With an After Repair Value (ARV) of $470,000, this property presents an exceptional opportunity for instant equity. The seller has run out of capital during construction, creating a unique chance for investors to acquire a property well below its potential market value.
Approved Plans and Permits: Rest assured, all drawings, permits, and approved plans for this new construction project are included with the sale. This means you can hit the ground running, saving time and resources on the planning and approval process.
Mixed-Use Design: The property's versatile design includes a spacious retail store on the first floor, providing income potential, while the upper floors feature two 1-bedroom, 1-bathroom residential units. Each unit has the potential to rent for $1,000+ per month, catering to the city's growing demand for housing options. Additionally, a rooftop deck offers potential for additional outdoor amenities or leisure space.
Strategic Location: Situated in a vibrant Baltimore neighborhood, this property offers proximity to key amenities, public transportation, and the city's cultural attractions. It's an ideal location for investors looking to tap into the Baltimore market's potential.
Act Quickly: Opportunities like this don't last long. If you're an investor or developer with an eye for value and a desire to unlock the potential of this new construction gem, don't miss out. Submit all offers directly to Trevor Sarter at sarter@promiselandrealtyllc.com to secure your chance to own this prime Baltimore property.
This off-market listing is a gateway to realizing your investment dreams in a dynamic and growing city. Contact us today to schedule a viewing and explore the potential of 1000 W Cross St, Baltimore, MD. With the potential rental income of $1,000+ per unit, this property offers an attractive income-generating opportunity.
Property Photos, Approved Plans and Permits:
Property Report
Property Map
"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
sarter@promiselandrealtyllc.com
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*