700 PARK AVE, Baltimore, MD 21201
700 PARK AVE, Baltimore, MD 21201
700 PARK AVE, Baltimore, MD 21201
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Listed by Nick Dunstan • Coldwell Banker Realty - Washington
$4,300,000
Est. payment /mo
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3,254 Sqft Lot
Coming Soon

700 PARK AVE Baltimore, MD 21201

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Carlos And Janeen Robinson

Carlos And Janeen Robinson

+1(301) 901-7988

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID MDBA2230448

Year Built 1905

Available Date 2026-09-10

Annual Tax Amount $43,846

Tax Year 2026

Lot Size 3,254 Sqft

Acres 0.07

Property Sub-Type Five Or More Units

Source BRIGHT

Property 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.

Location

State MD

County Baltimore City

Zoning OR-2

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Elevator

Garage N

Building

Sewer No Septic System

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0311100522 001

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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Carlos And Janeen Robinson

Carlos And Janeen Robinson

Realtors® Carlos MD 650861Janeen MD 652074Janeen DC SP98379274

+1(301) 901-7988

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700 PARK AVE