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1206 S Carey St , Baltimore, MD 21230
$225,000
Est. Payment: $1,197.54/mo
2000 Sqft
0.05 Acres
Status: active | Days on site: 50
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KWSR1 - 3100135
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

CURRENT Small Storage Facility: 2 Tax Records for this Residential Zoned property currently used as Storage Business with Garage Style Facility in ideal DownTown Baltimore location. Address is what is used to pay electric, tax records don't actually have a formal address. STORAGE UNITS consist of 10 units; 2 larger units & 8 smaller garage style units. Property has electric and water !! Yearly gross revenue is $27,900 with about 25% vacancy and $4,800 in yearly expenses. Yearly NOI is $23,100 with Cap Rate projected at 9.4% IDEAL Investment Property within demand city life storage needs. Dependent on terms, the Seller will consider holding financing !!!
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Highlights

Listed by Brandi Bradshaw , 4102124235 Keller Williams Select Realtors of Annapolis , 4109724000. Bright MLS

Property Type

Commercial Sale
Lot/Acreage
0.05

Year Built

1970

County

Baltimore City

 School District

Baltimore City Public Schools

Listing ID

MDBA2231816

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R-8
Sewer:Public Hook/Up Avail
Parking Features:On Street
Principal Interest
$1,198
Taxes
$76

Home Price

$225,000

Loan Details

30 yrs
7%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,197.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,197.54 $75.58 $0.00 $1,273.13
Yearly $14,370.53 $907.00 $0.00 $15,277.53
Total $431,116.02 $27,210.00 $0.00 $458,326.02
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS