1 year on rocket

419 E Oliver St, Baltimore, MD, 21202

$2,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
48,000 SqFt
$52/SqFt
House

Location

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419 E Oliver St, Baltimore$2,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingInside Access, Oversized, Garage - Side Entry, Built In, On Street, Attached Garage, Parking Lot
Garage15 spaces
Year Built1920
HeatingForced Air, Other
CoolingOther
MLS #MDBA2098144
Lot Size0.36 Acres
StatusActive
(ACTIVE)

About 419 E Oliver St

Zoned for Multi Family and many other uses. Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48,000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5,000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 48,000 SqFt

Listing Office:

  • Office Name: Keller Williams Gateway LLC
  • Office Phone: (443) 318-8800
  • Listing Agent: Jason S Lusby

Exterior Features

Parking Information:

  • Garage Space: 15 spaces
  • Parking: Inside Access, Oversized, Garage - Side Entry, Built In, On Street, Attached Garage, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Map or GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
  • Price Per SqFt: $52/SqFt

Tax Information:

  • Annual Amount: $7,554
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$224.9K

Med. Price/SqFt

$162

Avg. Days On Market

40

# of Sold Homes

566

419 E Oliver St vs Baltimore

443 DAYS ON ROCKET

+403 Days

$2,499,000

+$2.2M More

$52/SqFt

-$111 Less

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $111/SqFt less than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2098144

Listing Office:

  • Office Name: Keller Williams Gateway LLC
  • Office Phone: (443) 318-8800
  • Listing Agent: Jason S Lusby

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: 11/22/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,554$508,200
2020$10,580$448,333
2019$7,518$320,100
2018$7,554$320,100
2017$7,554$320,100

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

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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.

Nearby Schools

school-card-donut-754386
1
/10
  • Johnston Square Elementary School

  • 1101 Valley St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-754387
1
/10
  • Dallas F. Nicholas, Sr. Elementary School

  • 201 E 21st St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-754388
1
/10
  • Cecil Elementary School

  • 2000 Cecil Ave

  • 0.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,583. The majority of Baltimore, MD residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 419 E Oliver St

What is the listing price of this property?

The listing price of 419 E Oliver St property is $2,499,000.

What type of property is this?

The property 419 E Oliver St is a house located in Baltimore, Maryland, 21202.

Is this property for sale now?

Active Listing: 419 E Oliver St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,554 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 419 E Oliver St is 48,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 419 E Oliver St is 1920.

Rocket Homes›Maryland›Baltimore›21202›419 E Oliver St

This home is located at 419 E Oliver St in Baltimore, MD and zip code 21202 in the Greenmount West neighborhood. This 48,000 square foot home, which was built in 1920, sits on a 0.36 acre lot. It has been listed on Rocket Homes since September 06, 2023 and is currently priced at $2,499,000.

Baltimore, MD housing market in October 2024 saw over 198 listings sold above listed price, more than 145 sold at listed price and over 223 sold below. Between September 2024 and October 2024, Baltimore, MD real estate market has seen increase in the number of listings by 12%. While the average time on the market in October 2024 was 40 days, the median list price was $224,997.

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

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