$4,300,000
( $165.18Per Sq Foot )
 $23,083 est/mo Sourced by Back At You

700 Park Ave,BALTIMORE, MD 21201

BALTIMORE, MD 21201

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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.

Details

MLS #MDBA2230448
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1905
Days On Site27
Listing Provided ByColdwell Banker Realty - Washington | Harry N Dunstan III

Features

ZoningOR-2
Acreage0.07

Interior

CoolingWall Unit
Heating Yes / NoYes
HeatingRadiator

Exterior

Construction MaterialsStone, Brick

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount43846

Area Information

StateMD
CountyBALTIMORE CITY MD
CityBALTIMORE
Zip Code21201
AreaBALTIMORE CITY MD
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Listing VS Median (in 21201)
Price:
$4,300,000
low | high
Med:
$174,950
100% of Average
On site:
27
low | high
Med:
140.5
19.217081850534% of Average
Sourced by Back At You

Market Activity 21201

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Additional Information

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Contact

Learn More About This Property

Lori Willis

Lori Willis

Century 21 Gold Key Realty

 (410) 708-1277loriwillis@c21gk.com
StateMD
CountyBALTIMORE CITY MD
CityBALTIMORE
Zip Code21201
AreaBALTIMORE CITY MD
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Listing VS Median (in 21201)
Price:
$4,300,000
low | high
Med:
$174,950
100% of Average
On site:
27
low | high
Med:
140.5
19.217081850534% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.225M - $5.375M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
330-332 Property Photo 1
$3,749,999
330-332
Baltimore, MD 21202
Listing Updated: October 2, 2026 at 7:29:35 PM PDT