1849 E 29th St, Baltimore, MD 21218

Investor Special: Unlock the potential of this prime Baltimore property at 1849 E. 29th Street, in the heart of a thriving neighborhood near Lake Montebello, Clifton Park, Morgan State University, and Northwood Commons. This mixed-use building features two spacious residential apartments (3BR/1BA and 2BR/1BA) and three storefronts. The apartments are near completion but require final updates, while the storefronts are unfinished and ready for customization. This is an exceptional opportunity for investors or owner-operators to generate steady rental income or establish a business presence. Before closing, and in accordance with receivership terms, the buyer must submit a renovation plan. The plan should outline proposed improvements and include a scope of work prepared by a licensed Maryland contractor, with a breakdown of repairs or upgrades needed to meet Use and Occupancy requirements, along with an estimated project timeline and budget. The seller has obtained court approval … read more …