Check Availability
$1,650,000
Multifamily - For Sale

205 W MADISON ST

BALTIMORE, MD 21201
bedrooms
Studio
bathrooms
0 Bath
$8,102
Estimated Monthly
$0
HOA / Fees

About This Property

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio.  This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave.  Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!
Unit Size
-
Days on Market
47 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,024
HOA Dues
-
Year Built
1880
Listed By
Francis Kraus
Berkshire Hathaway HomeServices Homesale Realty
Last updated: 2 months ago (Bright MLS #MDBA2117952)

Price History

Date / Event Date Event Price
Mar 15, 2024 Listed by Berkshire Hathaway HomeServices Homesale Realty $1,650,000
Listed by Berkshire Hathaway HomeServices Homesale Realty

Property Highlights

Elevator
Air Conditioning
Parking Details
Parking Features: None
Interior Details

Interior Information

Interior Features: Crown Moldings, Elevator, Double/Dual Staircase
Living Area Square Feet Source: Estimated

Basement Information

Has Basement
Full

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,500,000 Sep 21, 2021
$1,500,000 Dec 17, 2021
$0/mo
Land
Loft
-
-
$1,100,000 May 13, 2004
$1,100,000 Sep 17, 2004
$454/mo
House
10 Beds
12 Baths
10,146 ft²
$168/ft²
$1,700,000 Sep 29, 2023
$1,700,000 Jan 23, 2024
-
House
5 Beds
3 Baths
-
$1,100,000 Apr 29, 2004
$1,100,000 Sep 17, 2004
$454/mo
Townhouse
4 Beds
4 Baths
5,010 ft²
$254/ft²
$1,275,000 Jun 1, 2023
$1,275,000 Oct 13, 2023
-
Townhouse
Stu
-
-
$1,800,000 Dec 8, 2023
-
-
Townhouse
Stu
-
-
$1,325,000 Aug 15, 2023
-
-
Commercial
Loft
-
-
$1,500,000 Jun 17, 2022
-
-
Townhouse
8 Beds
10 Baths
6,880 ft²
$193/ft²
$1,325,000 Aug 29, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230118
01/18/2023
Loft
-
-
$1,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Frank Kraus
Berkshire Hathaway HomeServices Homesale Realty

Building Info

205 West Madison Street 205 West Madison Street, Baltimore, MD 21201
  • 1 Unit for Sale
More about this Building
205 West Madison Street
Want to find out who owns 205 West Madison Street, Baltimore, MD 21201? Get detailed property transactions here .

About Central Baltimore


Similar Homes for Sale

Unit for sale at 1208 Saint Paul Street, BALTIMORE, MD 21202

$1,325,000

  • 8 Beds
  • 10 Baths
  • 6,880 ft²
1208 Saint Paul Street, BALTIMORE, MD 21202 Listing by Melissa Atherholt
Unit for sale at 1208 Saint Paul Street, BALTIMORE, MD 21202

$1,325,000

  • Studio
1208 Saint Paul Street, BALTIMORE, MD 21202 Listing by Melissa Atherholt
Unit for sale at 108 West Saratoga Street, BALTIMORE, MD 21201

$1,800,000

  • Studio
108 West Saratoga Street, BALTIMORE, MD 21201 Listing by Timothy Klempa

Nearby Rentals

Unit for rent at 330 Saint Paul Pl, BALTIMORE, MD, 21202

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 425 ft²
330 Saint Paul Pl #8, BALTIMORE, MD, 21202 Listing by RH Advisors Bright
Unit for rent at 2319 Eutaw Pl, BALTIMORE, MD, 21217

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 4,800 ft²
2319 Eutaw Pl #1, BALTIMORE, MD, 21217 Listing by RH Advisors Bright
Unit for rent at 2143 Druid Hill Avenue, BALTIMORE, MD, 21217

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 705 ft²
2143 Druid Hill Avenue #3, BALTIMORE, MD, 21217 Listing by Chris Cooke


Quantcast