Homes for sale - 2510 E MONUMENT ST, Baltimore, MD 21205

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Carlyn Lowery

carlynl@loweryhometeam.com +1(443) 569-3977

$135,000

Est. payment - /mo

910 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Milton-Montford

MLS Listing ID MDBA2158600

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $960

Tax Year 2024

Lot Size 910 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Property Description

List price is Opening Bid Only at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, April 24, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Prime Investment Opportunity – Fully Leased Commercial Property! This improved mixed-use building is currently NNN leased to Sakura Cafe Carry Out II, offering a strong income stream with minimal management required! The tenant has occupied the space since November 1, 2022, and is currently in Year 3 of a 5-Year NNN lease. There is a 5% annual rent increases which is projected to reach $58,344 annually by 2027. Tenant covers all utilities, maintenance and real property taxes. Current Monthly Rent of $4,410**Current NNN Annual Rent of $52,920** The main level features a fully operational restaurant, complete with a take-out counter, full commercial kitchen, walk-in cooler, stove, deep fryers, and a half bathroom. The tenant also has access to the basement that has storage space and utilities. The upper level is separately metered and includes 2 spacious bedrooms and 2 full bathrooms. Don't miss your chance to own a stabilized, income-producing asset in a high-demand location! Features Include: Two Meters, 2 Entrances, Upgraded Wood type floors & Tile throughout property, Each bedroom upstairs has a ductless mini split system, Washer & Dryer. Do not miss this great investment opportunity! Please contact Carley Cooper or Orin Luke ‬ to schedule a walkthrough for the following dates. Saturday, April 5, 2025, Sunday, April 6, 2025, Saturday, April 12, 2025, Sunday, April 13, 2025.

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Electric

Heating Other

Cooling Central A/C, Ceiling Fan(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0307171625 067

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Auction

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Listed by Carley R. Cooper • Alex Cooper Auctioneers, Inc.

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Carlyn Lowery

+1(443) 569-3977

Associate Broker | License ID: 534147

Associate Broker License ID: 534147

2510 E MONUMENT ST Baltimore, MD 21205

Carlyn Lowery

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2510 E MONUMENT ST