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1516 Lancaster Street, Baltimore, MD 21231

$2,400,000
  • 1516 Lancaster Street, Baltimore, MD 21231 Main Photo

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SQUARE FEET7,520 MLS#MDBA2161694
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want—high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage—a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don’t miss your chance to own a premier asset in one of Baltimore’s most desirable neighborhoods.

1516 Lancaster Street | MLS# MDBA2161694

This multi-family property located at 1516 Lancaster Street, Baltimore, MD 21231 is currently listed for sale with an asking price of $2,400,000. Lancaster Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.mikenelsonrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Roof Type: Asphalt
Taxes: $1,920
Year Built: 1920

Feature Descriptions

Additional Structures: Above Grade
Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
Exterior: Brick, Wood Siding
Interior: Dining Area
Municipality: BALTIMORE
One Bedroom Units: 5
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 0
Two Bedroom Units: 4
Units: 4
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Next Step Realty
Agency Phone: 4439012200

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Estimated Payment

$ 6,201.36 per month $5,341.36 Principal & Interest $160.00 Property Tax $700.00 Homeowner's Insurance

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