12 days on rocket

311 Madison St, Baltimore, MD, 21201

$1,199,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,900 SqFt
$174/SqFt
House
Schools Nearby

Location

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311 Madison St, Baltimore$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOn Street
Year Built1948
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
MLS #MDBA2122616
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 311 Madison St

New Listing Alert! 🏢💰 Turnkey mixed-use CASH COW available now! Zoned as an apartment hotel with SIX rentable units. THIS IS A COMMERCIAL BUILDING WITH HUGE redevelopment potential on a CONER LOT!!! Don't miss out on this lucrative deal! 🏦💼 #RealEstate #InvestmentOpportunity #CashCow Professional pictures coming soon! The current tenants in place for this investment opportunity include a retail restaurant/lounge on the 1st level. The restaurant/lounge has a long-term lease in place, providing a stable source of income. Additionally, there are six rentable units that generate revenue through a hybrid income ratio split between Airbnb, long-term leases, and the restaurant. This diverse mix of tenants ensures multiple streams of income for the property. 🍽️🏢💼 SOLD AS IS

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Living Area: 6,900 SqFt

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (703) 237-9500
  • Listing Agent: Christine M Oberhelman

Interior Features

Interior Information:

  • Flooring Type: Wood, Partially Carpeted, Tile/Brick

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Baltimore School for the Arts, Public District Grades 9-12
  • Baltimore Leadership School for Young Women, Public Charter Grades 6-12
  • Renaissance Academy, Public District Grades 9-12
  • The Crossroads School, Public Charter Grades 6-8
  • Stadium School, Public District Grades 6-8
  • Afya Public Charter School, Public Charter Grades 6-8
  • The Historic Samuel Coleridge-Taylor Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS or across the street from University of Maryland Mid-town campus-hospital

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $174/SqFt
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

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Baltimore, MD

City

Med. Sold Price

$220K

Med. Price/SqFt

$160

Avg. Days On Market

36

# of Sold Homes

598

311 Madison St vs Baltimore

12 DAYS ON ROCKET

-24 Days

$1,199,000

+$978.9K More

$174/SqFt

+$14 More

KEY TAKEAWAY

This property is $978.9K more than the Median Sold Price and $14/SqFt more than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2122616

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (703) 237-9500
  • Listing Agent: Christine M Oberhelman

IDX 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 9:10:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,052

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6689870
3
/10

  • The Historic Samuel Coleridge-Taylor Elementary School

  • 507 W Preston St

  • 0.31 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6689871
3
/10

  • The Crossroads School

  • 802 S Caroline St

  • 1.70 miles

  • Public Charter Grades 6-8

school-card-donut-6689872
2
/10

  • Stadium School

  • 1300 Gorsuch Ave

  • 2.16 miles

  • Public District Grades 6-8

school-card-donut-6689873
4
/10

  • Afya Public Charter School

  • 2800 Brendan Ave

  • 3.14 miles

  • Public Charter Grades 6-8

High School

school-card-donut-6689874
7
/10

  • Baltimore School for the Arts

  • 712 Cathedral St

  • 0.17 miles

  • Public District Grades 9-12

school-card-donut-6689875
2
/10

  • Baltimore Leadership School for Young Women

  • 128 W Franklin St

  • 0.26 miles

  • Public Charter Grades 6-12

school-card-donut-6689876
1
/10

  • Renaissance Academy

  • 1301 Mcculloh St

  • 0.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,326. Residents of Baltimore, MD typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 311 Madison St

What is the listing price of this property?

The listing price of 311 Madison St property is $1,199,000.

What type of property is this?

The property 311 Madison St is a house located in Baltimore, Maryland, 21201.

Is this property for sale now?

Active Listing: 311 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 311 Madison St are:
The Historic Samuel Coleridge-Taylor Elementary School: GreatSchools Rating 3/10
The Crossroads School: GreatSchools Rating 3/10
Stadium School: GreatSchools Rating 2/10
Afya Public Charter School: GreatSchools Rating 4/10
Baltimore School for the Arts: GreatSchools Rating 7/10
Baltimore Leadership School for Young Women: GreatSchools Rating 2/10
Renaissance Academy: GreatSchools Rating 1/10

What is the square footage of this property?

The property 311 Madison St is 6,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 311 Madison St is 1948.

Rocket Homes›Maryland›Baltimore›21201›311 Madison St

This home is located at 311 Madison St in Baltimore, MD and zip code 21201 in the Central neighborhood. This 6,900 square foot home, which was built in 1948, sits on a 0.06 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,199,000.

In April 2024 more than 257 listings in Baltimore, MD were sold above the asking price. During the same period more than 143 listings were sold at asking price, while more than 198 were sold below. The number of listings in Baltimore, MD increased by 8.9% between March 2024 and April 2024. In April 2024 median list price was $220,000 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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