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1135-1137 Light StBaltimore, MD 21230Price: $1,295,000

  • Price: $1,295,000
  • 53 Days on Market
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,295,000List Price
  • 0.05Acreage

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Brexton Commercial is pleased to exclusively represent the ownership in the sale of 1135 - 1137 Light Street. This corner lot,double-wide,mixed-use offering is a rare find in the Federal Hill neighborhood. The first floor (now vacant) was formerly occupied by Light Street Optometry,who has owner-occupied the building since 1982. The second and third floors are comprised of three B+ apartments with large layouts,separately metered power,individual mini-split AC + heating units,in-unit water heaters,shared W/D in common area,and an abundance of natural light. 1st level has access to basement (5 foot ceiling - perfect for dry storage),mechanicals,and brand new HVAC compressor + AH unit (2019). Pro-forma NOI is $87,371 and should provide strong cash flow with minimal effort. **ATTN AGENTS: The adjacent property,1133 Light Street,is also for sale by a different broker,and potentially provides a strong development opportunity,with C-1 zoning,allowing for new construction up to 60 feet high.**

Property Details of 1135-1137 Light St

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Listed by Rajbir S. Randhawa of Brexton Commerical,LLC

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 7, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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