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1629-1631 Aliceanna StreetBaltimore, MD 21231Price: $633,000

  • Price: $633,000
  • 228 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* 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.
  • $633,000List Price
  • 0.06Acreage

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1629 and 1631 Aliceanna St. Dream passion project in historic Fells Point. Amazing location, amazing opportunity. 50 feet away from Fells Point Market, very close to the water front, 100's of millions of dollars of development activity surrounding this property. Historically significant property with historic easements. Lots of potential uses, zoned C1E, furnished rentals, bar, mixed use, residential, apartments, office, live work space, or whatever you can dream of. The property has interior and exterior historic easements. The property was awarded Federal Historic Tax Credits amounting to 20 percent of the rehabilitation cost plus soft costs, state commercial competitive historic tax credits amounting to another 20 percent of rehabilitation costs. Buyer is responsible for all due diligence of transferring tax credits or re-applying for Maryland State Tax credits. Additionally the property may be able to capture other credits such as Main Street credits. No showings without proof of funds. Property is a shell and requires complete renovation Currently 5160 Sq foot with a full set of plans to build out out to a 9 unit property with 7 residential rental units, 2 commercial units, and a lobby space with an existing historic bar. Full drawings and MEP available and approved by the city, permit already issued on 1 building for this. Estimated rents of $13,3000 a month with this set up. Or develop it for your use. Deeded separately, can be sold separately

Property Details of 1629-1631 Aliceanna Street

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Listed by Vincent F DeLorenzo of Samson Properties

Copyright 2023 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 May 27, 2023. 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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