108 W Saratoga Street

Baltimore, MD 21201

ASSUMABLE DEBT! ATTENTION INVESTORS! 2 PROPERTY PORTFOLIO SALE TOTALING 11 APARTMENTS, 1 OFFICE, ASSUMABLE DEBT 3.75% INTEREST PLUS TRANSACTION COSTS FOR QUALIFIED BUYERS! DEBT RESETS Q4 2025 AT 5 YEAR INTERVALS. LOAN MATURITY 2050. FULLY OCCUPIED AND PROFESSIONALLY MANAGED. PROPERTY DETAILS: *****108 W. Saratoga Street is an 8-unit building containing 7 apts and 1 office located in the central business district of Baltimore City close to historic Mt. Vernon and the central corridors of Charles St and Saint Paul St. The units consist of a mix of a one and two bedroom units, and a commercial space currently used as maintenance storage. The building was completely renovated top to bottom in 2018. Features include all new plumbing, electric, HVAC, windows, and more. The interiors of the units include central AC, upgraded kitchens with granite and stainless steel appliances, new hardwood flooring, washer/dryers and more. There are 5 parking spaces with the building and the property is close to all amenities. About 5 years remain on the Chap tax Credit. Major bus lines including the purple line of the circulator travel through the neighborhood. A mix of office, retail, and residential, the central business district is home to a variety of institutions and close to the Johns Hopkins University, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Arts, CFG Arena, and more. *****1724 Saint Paul Street is a historic 4 unit building with (3) 1 bed 1 bath apartments, and a large 2-level, 3 bed 3 bath apartment. The building was gut renovated in 2017 with all new plumbing, electric, kitchens, bathrooms, flooring, paint, the addition of washer dryers, hardwood flooring, and more. The high demand for affordable housing in the area along with its fantastic proximity to local transit such as Penn Station, and local universities such as Johns Hopkins and Maryland College for the Arts (MICA) just down the street make this a popular rental for young professionals and students. About 5 years remain on the Chap Tax credit. Agent is part of ownership entity.

Listing courtesy of Permira Realty, LLC ?



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.