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sales rep | Brivity IDX

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700 Park Ave , Baltimore, MD 21201
$4,300,000
Est. Payment: $22,886.41/mo
26032 Sqft
0.07 Acres
Status: active | Days on site: 51
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CBRB106 - 3053130,3267580
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House Description

Rare opportunity to acquire a substantial multifamily investment property in the heart of historic Mount Vernon. 700 Park Avenue offers the compelling combination of strong in-place income, high occupancy, and significant value-add potential. Current rents remain well below their long-term potential, creating substantial upside through rent optimization, natural turnover, and strategic unit improvements while maintaining existing cash flow. Ideally positioned in one of Baltimore’s most established and architecturally significant neighborhoods, the property offers convenient access to Downtown Baltimore, major universities, hospitals, employment centers, cultural institutions, dining, and transportation. An exceptional opportunity to acquire meaningful scale in Mount Vernon with immediate income and considerable long-term rental and NOI growth potential. Offered as-is.

Highlights

Listed by Harry N Dunstan III , 2407315562 and Abigail Paulsen , 2023392230 Coldwell Banker Realty - Washington , 2023876180. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1905

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2230448

Questions about this listing?

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Interior Features

Air Cond:Wall Unit
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:OR-2
Sewer:No Septic System
Principal Interest
$22,886
Taxes
$3,654

Home Price

$4,300,000

Loan Details

30 yrs
7%

Down Payment

20%
$860,000
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:
$22,886.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,886.41 $3,653.83 $0.00 $26,540.24
Yearly $274,636.87 $43,846.00 $0.00 $318,482.87
Total $8,239,106.10 $1,315,380.00 $0.00 $9,554,486.10
Lender profile image
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.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS