27 S Gay St, Baltimore, MD 21202
PENDING

27 S Gay St
Baltimore, MD 21202

Downtown
  • Studio
  • 4,117 sqft
  • Studio
  • 4,117 sqft

$625,000

Est. Mortgage $4,143/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

FIRE SALE 1.5 blocks from the National Aquarium and close to the bustling Inner Harbour. The property has drawings, permit set ready to go! Estimates can be sent (600k estimate in writing done). Water flow test already done. The property has a tax credit over the course of 10 years already approved, locking in a $300k value of property tax. There is a great tenant lined up at 17k a month starting the day construction is complete almost triple net. Tenant pays all expenses except the low taxes. Insane high % cap rate and much of the legwork completed for a lucky investor. The building has been newly renovated (completed in 2006), now vacant and gutted ready to be built with your already approved drawings. Features over 9'6" ceiling height with clear span area on each floor, front and rear staircases, new roof 2005 along with roofing. *Cross-posted MLS# MDBA2097820

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$152
Listed
180+ days ago

Home Details for 27 S Gay St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Dimensions and Layout
Living Area: 4117 Square Feet
Appliances & Utilities
Appliances: Other Water Heater
Heating & Cooling
Heating: Forced Air,Central,Natural Gas AvailableHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below Grade
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: OtherArchitecture: Federal
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 0304111351 017

Price & Status

Price
List Price: $625,000Price Per Sqft: $152
Status Change & Dates
Off Market Date: Wed Apr 24 2024Possession Timing: Negotiable

Active Status

MLS Status: PENDING

Location

Direction & Address
City: Baltimore
School Information
Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools

Agent Information

Listing Agent
Listing ID: MDBA2099372

Lot Information

Lot Area: 2172 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Agency

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: MDBA2099372Municipality: Baltimore City
Last check for updates: 1 day ago
Listing courtesy of Kimberly Cruz Martinez, (301) 219-7498
Real Broker, LLC - McLean, (850) 450-0442
Source: Bright MLS, MLS#MDBA2099372

Price History for 27 S Gay St

DatePriceEventSource
04/25/2024$625,000PendingBright MLS #MDBA2099372
04/11/2024$625,000PriceChange
Bright MLS #MDBA2099372
02/12/2024$800,000PriceChange
Bright MLS #MDBA2099372
11/03/2023$500,000PriceChange
Bright MLS #MDBA2099372
10/23/2023$600,000PriceChange
Bright MLS #MDBA2099372
10/03/2023$630,000PriceChange
Bright MLS #MDBA2099372
09/17/2023$700,000Listed For SaleBright MLS #MDBA2099372

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3,528
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Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • Trulia User
    "Not really a place for little kids. There isn’t much for them to do and you definitely need to keep three sets of eyes on them."
    1
    Flag
  • Trulia User
    "i use lyft to bring me to the airport, or use the MTA, MARC, METRO, or AMTRAK to get around (I travel for work 80 percent of the time)."
    0
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  • Thecharmtasticmile
    "Luminary at One Light was a great place to live centrally located close to the Inner Harbor & The Charm'tastic Mile. The majestic glass structure is one the Iconic buildings in the city skyline. The Bozzuto Management are very professional with 1st class service. "
    1
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  • Trulia User
    "I live here and love it! Public transit is all over. plenty of restaurants always events at the plaza during the summer. People are friendly and helpful. "
    1
    Flag
  • Trulia User
    "Most dog owners really like it there Hills small grassy areas and lots of different people to look at and the few dog parks."
    1
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  • Trulia User
    "True there’s a large variety of dogs out and about at all hours with owners attending them 85% of them don’t pick up after their dogs and that’s awful"
    0
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  • Jenny W.
    "There are some fun little concerts and movies around the Charles Center area in the summer, as well as Art Fest down Charles Street in late summer."
    2
    Flag
  • Willette W.
    "a clean comfortable atmosphere! Great for humans as well as dogs,lots of clean comfortable space! "
    0
    Flag
  • T. Robinson
    "Commute downtown is fast & safe, lots of restaurants nearby, good pivot point to get to the rest of Baltimore."
    1
    Flag
  • PATRICIA O.
    "People do walk dogs all the time at the nearby open spaces, and they are all good about picking up and having leashes."
    0
    Flag
  • Gavin H.
    "My building hosts a local happy hour which help the neighbors get to know each other a little better. "
    0
    Flag
  • Karen C.
    "This downtown community isn’t ideal for children. There are parks within walking distance, but crossing busy streets would be required."
    0
    Flag
  • Hajzese67.e
    "Hey you tell me , after a few rides. Day, evening or night too slow for a easy commute anywhere and connecting/transferring train to bus almost impossible "
    1
    Flag
  • Gerald B.
    "Mount Vernon Marketplace has many events regularly and the marketplace is the neighborhood spot to get good food. "
    1
    Flag
  • Karen C.
    "I love the city life! There are great restaurants, but the best part of Baltimore is the waterfront promenade."
    4
    Flag
  • Gavin H.
    "Watch out for what your pooch may put in their mouths. It’s a lot of trash all over downtown. It makes walking your pooch dangerous. "
    0
    Flag
  • Sonny
    "Reverse traffic is great! It takes 20-25 minutes from Baltimore City to Baltimore County for work. Downtown apartments are close to most major highways."
    1
    Flag
  • Rezwon
    "Some events in inner harbor area e.g. Holiday market is a good special events. Also, downtown restaurants week is another special event that I enjoyed so much."
    1
    Flag
  • Sonny
    "Reverse traffic into the suburbs for work is great! From downtown to Timonium takes approximately 20-25 minutes."
    0
    Flag
  • Trulia User
    "this area is beautiful. close to inner harbor area. couple good restaurants and bars. I have enjoyed the restaurant week in downtown."
    2
    Flag
  • Jen M. K.
    "this are has great location to entertainment (farmers market in weekends, walkable to the harbor and a reasonable stroll to fed hill, harbor east, university of Maryland and Mercy hospital). good proximity to JHU as well. "
    3
    Flag
  • Erin M.
    "I walk to work everyday so it is great. I am not stuck in traffic. There are free buses I use to get to some places as well."
    0
    Flag
  • Christopher.isaacson
    "Dog friendly neighborhood w/ a central waterside bar that allows for dogs and gives the dog bowls of water"
    0
    Flag
  • Anna Z.
    "Surprisingly a substantial number of dog owners downtown. Most apartment buildings are dog-friendly and there are grassy areas on St. Paul (between Saratoga and Mulberry) with poop bag stations. "
    0
    Flag
  • Byrdie09
    "We are close to everything, can walk or bike or use bird/lime scooters to get around. Being near I95 is convenient. I wish grocery stores were better. Parking can be a hassle, unless you pad to park in a city garage monthly. Loved living here as a renter, but now that Ive started a family and have a baby we are looking to move."
    4
    Flag
  • Gcundiff
    "Dogs are not welcome anywhere food is served. Dog owners impose their will on the rest of the community."
    0
    Flag
  • Quennellaw
    "Movies night, neighborhood watch. Neighbors that look out for the community, police officers that keep the community safe"
    0
    Flag
  • Joya D.
    "Great local Famers market. Access to cool bars and restaurants. Easy access to three types of metro. Free circulator. "
    0
    Flag
  • Deryl P.
    "Safe, and wonderful people, great amenities, beautiful views and close to Blue Ridge Parkway and wonderful state parks"
    2
    Flag
  • Ellen E.
    "I’ve lived in Ridgleys Delight for four years. It’s a great place where neighbors know each other and watch out for one another. It has a great community association, and while it has the issues of a Baltimore city neighborhood, I still feel safe most hours of the day and night."
    1
    Flag
  • Elan M.
    "Lots of restaurants and stuff to do within walking distance. Not the safest place to walk on the other hand, especially alone/at night."
    2
    Flag

LGBTQ Local Legal Protections

Kimberly Cruz Martinez, Real Broker, LLC - McLean
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
27 S Gay St, Baltimore, MD 21202 is a studio, 4,117 sqft multi-family built in 1906. 27 S Gay St is located in Downtown, Baltimore. This property is currently available for sale and was listed by Bright MLS on Sep 17, 2023. The MLS # for this home is MLS# MDBA2099372.