CHARIS REALTY GROUP

2-4 E PRESTON STREET

BALTIMORE, MD 21202

MLS#: MDBA2217926

$750,000

Status: Active
Listing number: MDBA2217926
Listing provided by: Alex Cooper Auctioneers, Inc.
Listing agent phone: None
Last update: a day ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

10,040

List price to be opening bid. Online auction to be conducted on Auctioneers website.Bidding begins Saturday, July 11th & ends Thursday, July 16, 2025 at 1:00PM. Introducing the exclusive Preston Street Lofts, an exceptional investment opportunity nestled in the vibrant heart of Baltimore. This premier apartment complex with ground floor retail boasts stainless steel appliances—including refrigerators, ranges, microwaves, and dishwashers—complemented by stunning granite counter-tops, soft-close cabinetry, and new hardwood flooring. The design elegance extends to double vanity bathrooms and expansive 9-foot ceilings across a variety of uniquely crafted floor-plans, with the 2-bedroom units featuring the luxury of dual entryways. Each unit has their own washer/dryer. Heating and cooling are provided by mini split systems. Each unit is separately metered for gas and electric. Each unit has access control which includes a key fob and keypad/intercom for visitors at the front entrance. The property is Lead Free. Strategically located within short walking distance to key Baltimore landmarks such as The University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop directly in front of the building provides swift bus transportation to the renowned Inner Harbor, Inner Harbor East, Federal Hill, Canton and countless other neighborhoods. Penn Station, only two blocks away, offers convenient access to those who commute to Washington DC, Philadelphia or New York City. Preston Street Lofts offers unparalleled access to Baltimore City's rich cultural tapestry and beyond. Just blocks from your investment, a world of entertainment unfolds. From quaint dining experiences and local art galleries to the thriving performing arts scene, Preston Street Lofts promises not just a property, but a lifestyle investment. The property is even conveniently located across the street from a Starbucks. Don't miss out on the chance to make a landmark investment in one of Baltimore's most promising locales. **Current Gross Monthly Scheduled Rent of $11,780** **Current Annual Gross Scheduled Rent of $141,360** ***Potential for new ownership to increase rents to current market conditions**** ***Potential for monthly rent income of $18,615**** ***Potential for annual rent income of $223,380**** The property has approximately 3 years left of CHAP credit on the real estate taxes. See CHAP letter in the document section. Luxury 13 unit building with 12 apartment units and 1 ground floor retail unit. Rent Roll: Includes Utility Reimbursement & Pet Rent(if applicable). Unit 1: Studio apartment currently rented for $1,099/month Unit 2: Studio apartment currently rented for $1,149/month Unit 3: Studio apartment currently rented for $1,179/month Unit 4: Studio apartment currently vacant and rents for $1,399/month Unit 5: 2 Bedroom apartment currently rented for $1,669/month Unit 6: Studio apartment currently rented for $1,149/month Unit 7: Studio apartment currently rented for $1,179/month Unit 8: 2 bedroom apartment currently rented for $1,625/month Unit 9: Studio apartment currently rented for $1,149/month Unit 10: Studio apartment currently rented for $1,179/month Unit 11: Studio apartment currently rented for $1,029/month Unit 12: Studio apartment currently rented for $999/month Unit 13: Ground floor commercial unit currently vacant and was leased for $3,811/month Select Annual Expenses: Public Service Meter: $2,755 Insurance: $7,559 Real Estate Taxes: $15,580 Water/Sewer: $5,389 Licenses: $1,020 Fire/Safety Monitoring: $2,793 The owners self manage the property and handle removal of trash. The new owner will need to take over this responsibility.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Other, Electric

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stone

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Lot Size(square feet)

    2916.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $750,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    038

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

BALTIMORE CITY

Elementary School

Middle School

High School

Listing Courtesy of Matthew S Cooper , Alex Cooper Auctioneers, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jennifer Fortson

Fortitude Real Estate Team- Team Leader, Branch Manager- Martinsburg

Jennifer Fortson

Call Jennifer today to schedule a private showing.

(304) 620-3296

jennifer.fortson@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
List price to be opening bid. Online auction to be conducted on Auctioneers website.Bidding begins Saturday, July 11th & ends Thursday, July 16, 2025 at 1:00PM. Introducing the exclusive Preston Street Lofts, an exceptional investment opportunity nestled in the vibrant heart of Baltimore. This premier apartment complex with ground floor retail boasts stainless steel appliances—including refrigerators, ranges, microwaves, and dishwashers—complemented by stunning granite counter-tops, soft-close cabinetry, and new hardwood flooring. The design elegance extends to double vanity bathrooms and expansive 9-foot ceilings across a variety of uniquely crafted floor-plans, with the 2-bedroom units featuring the luxury of dual entryways. Each unit has their own washer/dryer. Heating and cooling are provided by mini split systems. Each unit is separately metered for gas and electric. Each unit has access control which includes a key fob and keypad/intercom for visitors at the front entrance. The property is Lead Free. Strategically located within short walking distance to key Baltimore landmarks such as The University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop directly in front of the building provides swift bus transportation to the renowned Inner Harbor, Inner Harbor East, Federal Hill, Canton and countless other neighborhoods. Penn Station, only two blocks away, offers convenient access to those who commute to Washington DC, Philadelphia or New York City. Preston Street Lofts offers unparalleled access to Baltimore City's rich cultural tapestry and beyond. Just blocks from your investment, a world of entertainment unfolds. From quaint dining experiences and local art galleries to the thriving performing arts scene, Preston Street Lofts promises not just a property, but a lifestyle investment. The property is even conveniently located across the street from a Starbucks. Don't miss out on the chance to make a landmark investment in one of Baltimore's most promising locales. **Current Gross Monthly Scheduled Rent of $11,780** **Current Annual Gross Scheduled Rent of $141,360** ***Potential for new ownership to increase rents to current market conditions**** ***Potential for monthly rent income of $18,615**** ***Potential for annual rent income of $223,380**** The property has approximately 3 years left of CHAP credit on the real estate taxes. See CHAP letter in the document section. Luxury 13 unit building with 12 apartment units and 1 ground floor retail unit. Rent Roll: Includes Utility Reimbursement & Pet Rent(if applicable). Unit 1: Studio apartment currently rented for $1,099/month Unit 2: Studio apartment currently rented for $1,149/month Unit 3: Studio apartment currently rented for $1,179/month Unit 4: Studio apartment currently vacant and rents for $1,399/month Unit 5: 2 Bedroom apartment currently rented for $1,669/month Unit 6: Studio apartment currently rented for $1,149/month Unit 7: Studio apartment currently rented for $1,179/month Unit 8: 2 bedroom apartment currently rented for $1,625/month Unit 9: Studio apartment currently rented for $1,149/month Unit 10: Studio apartment currently rented for $1,179/month Unit 11: Studio apartment currently rented for $1,029/month Unit 12: Studio apartment currently rented for $999/month Unit 13: Ground floor commercial unit currently vacant and was leased for $3,811/month Select Annual Expenses: Public Service Meter: $2,755 Insurance: $7,559 Real Estate Taxes: $15,580 Water/Sewer: $5,389 Licenses: $1,020 Fire/Safety Monitoring: $2,793 The owners self manage the property and handle removal of trash. The new owner will need to take over this responsibility.

2-4 E PRESTON STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Liquor license available to purchase for 125k that includes all existing fixtures on first floor bar
#MDBA2062238

BALTIMORE

2501-2503 FLEET STREET

None Beds

None Baths

3,846 Sq.Ft.

$629,000

MLS#: MDBA2062238

Prime Brewers Hill water front Neighborhood 3 Level Bar and Restaurant property. Property occupied with long term tenant. Strong presence at Corner of O'donnell and Conkling. Brewers Hill in Southeast Baltimore gets its name for the two landmark breweries that previously operated in the neighborhood: National Brewery and the Gunther Brewery. The neighborhood is made up entirely of rowhouses, new-construction townhomes and luxury apartment buildings. Residents enjoy easy access to commuter routes, shopping and retail at Canton Crossing and a number of neighborhood restaurants and bars.
#MDBA2049522

BALTIMORE

1028 S CONKLING STREET

None Beds

None Baths

5,730 Sq.Ft.

$900,000

MLS#: MDBA2049522

Welcome to a truly unique and historic property nestled in the heart of Baltimore City. This extraordinary space is situated in a Zoned OR-1 district, boasting a distinguished brick exterior that exudes charm and character. Once home to the historic Enoch Pratt Library Branch #5, designed by the renowned architect Charles L. Carson, this building carries an illustrious history that echoes through its very walls. Upon entering, you are greeted by cathedral ceilings that soar overhead, creating an open and airy ambiance that is both inviting and inspiring. The large windows allow natural light to flood the space, accentuating the architectural details and the history embedded in the rich hardwood floors. Every step you take is a journey through time, as the floor beneath you carries the stories of generations past. The property comes with board approval for a variety of uses, with a focus on community-centric services. Imagine transforming this space into a vibrant grocery or retail goods establishment, providing the neighborhood with essential products and a unique shopping experience. Maybe you've been looking for your dream home, look no further. Take your creativity and vision and use this amazing space as your canvas to create the dream home you've been looking for. With a new Roof (2020) with 3 bathrooms, and even a kitchen already, you're just a few steps away from your dream home. Large Attic and story and a half brick cottage. Situated a mere 2 miles from the iconic Inner Harbor, this location is a hub of activity and culture. The property is conveniently located across the street from the renowned Kennedy Krieger Outpatient Center, making it an ideal location for community-oriented services. Additionally, it's just one block from John Hopkins University and Hospital, the Metro, providing easy access for both residents and visitors alike. Take this space and put your creativity and lets continue to create history!
#MDBA2205630

BALTIMORE

818 N BROADWAY

None Beds

None Baths

4,200 Sq.Ft.

$749,000

MLS#: MDBA2205630

Looking for CASH BUYER ONLY 3 shops leased 2109 - Boutique $1400 2111 - Convenience Grocery/Tobacco $1400 2113-2115 Event Business $3,500 Total monthly rent = $6,300 = 10% Annual ROI POTENTIAL upstairs! FOUR APARTMENTS - NEED MAJOR REHAB (2 on second floor & 2 on third floor)
#MDBA2209754

BALTIMORE

2109 W PRATT STREET

None Beds

None Baths

10,630 Sq.Ft.

$700,000

MLS#: MDBA2209754

Exceptional commercial investment opportunity at a high-visibility corner location just three blocks north of the iconic Fells Point waterfront. This versatile multi-storefront property — boasting three separate addresses — offers unmatched flexibility for the savvy investor or owner-operator looking to maximize income potential in one of Baltimore's most vibrant corridors. The main level is perfectly suited for a restaurant or bar operator to establish their flagship concept, while the upper level presents a fully operational bar and lounge currently featuring pool/billiard tables and a lively entertainment atmosphere. Adding to the passive income stream, third-party vendors operating pool tables, gaming slots, and ATMs generate ongoing revenue, with the property owner receiving 50% of all earnings — no extra effort required. The upside potential here is substantial. Additional space within the property can be converted into a new retail storefront or residential apartment unit, giving the next owner multiple paths to increased cash flow. The property is move-in ready and in full working condition, making this a true turn-key asset with immediate income on day one. The only reason for sale is the seller's retirement after a successful run — this is a clean, motivated sale with no operational concerns. Whether you're an experienced investor seeking strong cash flow or an operator ready to own your building, this property delivers a rare combination of immediate income and long-term upside. With its unbeatable corner visibility, proximity to the energy of Fells Point, and multiple revenue streams already in place, opportunities like this simply don't come around often.
#MDBA2206376

BALTIMORE

500 S WOLFE STREET S

None Beds

None Baths

8,565 Sq.Ft.

$900,000

MLS#: MDBA2206376

This turnkey investment presents a rare opportunity for both new and experienced operators to own a well-established neighborhood bar and lounge with a strong history of success. Ideally located at 2218 Boston Street along the border of Canton and Fells Point, this highly visible property has been a longtime fixture in Baltimore’s nightlife scene, previously home to well-known venues including Unicorn, Purple Pepper, and most recently, Bartenders. Offering approximately 3,500 square feet, the property features spacious bar areas across two levels, plus a private third-floor office. The flexible layout is perfectly suited for trivia nights, live entertainment, private parties, and a wide range of social events. Patrons can enjoy a welcoming atmosphere with a blend of booth seating, high-top tables, and classic bar seating throughout the space. Positioned in a thriving entertainment corridor with a loyal customer base and steady foot traffic, this property offers an outstanding opportunity for continued success and future growth in one of Baltimore’s most sought-after neighborhoods. Please note: Liquor license is not included in the sale.
#MDBA2211986

BALTIMORE

2218 BOSTON STREET

None Beds

None Baths

3,325 Sq.Ft.

$725,000

MLS#: MDBA2211986

GREAT OPPORTUNITY IN THE OVERLEA/FULLERTON AREA! THERE IS ONE MAJOR TENANT AND AN ALMOST TRIPLE NET LEASE. THE TENANT PAYS ALL TAXES, UTILITIES INSURANCES AND MOST MAINTENANCE. THERE IS 2900 SQFT ON THE MAIN FLOOR, TOTAL SQ FTK IS 5000. THE ROOF WAS REPLACED 2 YRS AGO, HVAC IS RECENT, PARKING LOTS WERE RESURFACED THIS YEAR. THERE IS AMPLE PARKING IN THE FRONT AND BACK. THE BASEMENT PROVIDES KENNEL SPACE FOR 50 ANIMALS. THE PROPERTY IS WELL MAINTAINED. CONTACT MELVIN OR JAN FOR MORE DETAILS. HAPPY HOLIDAYS!
#MDBA2188854

BALTIMORE

5915 BELAIR ROAD

None Beds

None Baths

6,639 Sq.Ft.

$799,000

MLS#: MDBA2188854

Exceptional turn-key investment opportunity to acquire a fully operational 6-unit multifamily asset with strong income potential and long-term upside. This well-maintained building consists of six spacious 1-bedroom, 1-bath units, each thoughtfully designed with functional layouts that include generous living areas, full kitchens, comfortable bedrooms, and full baths. All units are separately metered for gas & electric, allowing for efficient expense management and maximizing net operating income, while central air and heat throughout ensures tenant comfort and retention. The property features a shared, coin-operated laundry facility in the basement, providing an additional revenue stream and added convenience for tenants. Currently 5 of the 6 units are occupied, offering immediate cash flow with the opportunity to increase income through lease-up or potential rent adjustments. At full occupancy, the property is projected to generate approximately $6,500 per month in rental income. Strategically located just minutes from downtown Baltimore, this asset benefits from its proximity to major employment hubs, shopping centers, dining, and public transportation options. This prime location supports consistent occupancy and future appreciation potential. Ideal for both seasoned investors and those looking to expand their portfolio, this low-maintenance, income-producing property offers a compelling blend of stability, scalability, and long-term growth.
#MDBA2209530

BALTIMORE

1911 W BALTIMORE STREET

None Beds

None Baths

4,000 Sq.Ft.

$624,900

MLS#: MDBA2209530

Prime Commercial Opportunity in Brewers Hill Turn-Key Sports Bar & Restaurant in Heart of Baltimore's Premier Neighborhood. Step into ownership of a thriving, fully-equipped establishment in the highly sought-after Brewers Hill community. This is a rare, "plug-and-play" opportunity for an experienced operator or an ambitious entrepreneur to take over an established neighborhood staple. The Highlights: * Move-In Ready: This is a true turn-key operation. The sale includes all (Furniture, Fixtures, and Equipment), allowing for a seamless transition with zero downtime. * State-of-the-Art Kitchen: Complete with brand-new cooking equipment and upgraded cold storage systems. No deferred maintenance—just high-efficiency performance from day one. * Strategic Parking Advantage: Solve the city's biggest headache with free public parking available for patrons during evenings and weekends. ****LIQUOR LICENSE INCLUDED
#MDBA2204514

BALTIMORE

3734 FLEET STREET

None Beds

None Baths

2,905 Sq.Ft.

$650,000

MLS#: MDBA2204514

Charming brick front lower level commercial condominium offering approximately 5,000 square feet of existing income-producing medical and dental office space in desirable Wilton Springs in Catonsville. This well-maintained property presents an excellent investment opportunity with established professional use, flexible workspace, and a highly convenient location. Inside, a welcoming lobby features built-in desk areas and window cutouts that create an inviting reception environment. A central hallway with dual water fountains leads to a variety of spacious open work areas, private offices, storage and filing spaces, and flexible-use rooms with bay architecture, making the layout adaptable for medical, dental, or other professional office uses. Additional highlights include two bathrooms, multiple kitchenette areas with cabinets and sinks, and a dedicated break room. The interior is enhanced by classic chair railing, lower wainscoting, vintage-inspired finishes and wallpaper accents, soft light blue tones, and abundant windows that bring in ample natural light throughout the space. Outside, the property is surrounded by lush landscaping and offers ample parking for employees and clients alike. Ideally situated near Frederick Road with easy access to I-695, Baltimore City, and surrounding commuter routes, this location combines accessibility, visibility, and long-term investment potential.
#MDBC2161392

BALTIMORE

720 MAIDEN CHOICE LANE A-B

None Beds

None Baths

5,000 Sq.Ft.

$775,000

MLS#: MDBC2161392

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service