1440 Light St
$1,900,000
1440 Light St, Baltimore, MD 21230
7,488 sqft
Building Size
1952
Year Built
Details:
Highlights:
- Days on Market: 124
- Heating: Forced Air
Description:
Corner, Level
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.
Location
Gallery
