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PRICE $470,000 SIZE 12,480 sqft LOT SIZE 6,534 sqft Request More Info Schedule a Showing

● Prime Mount Vernon Location: Just three blocks from Penn Station, providing easy access to major destinations like New York City, Washington, DC, and BWI Airport. ● Versatile OR-2 Zoning: Permits up to 21 dwelling units with parking variance, allowing for a blend of residential, office, and light medical uses. ● Cultural and Economic Hub: Positioned near Baltimore's top cultural venues, dining, and universities, in a neighborhood poised for continued revitalization with the Penn Station redevelopment. Rehab Opportunity Details: Situated just three blocks from Penn Station, 1116 Saint Paul Street places future residents at the heart of Mount Vernon, offering unmatched convenience to Amtrak train services connecting to New York City, BWI Airport, Washington, DC, and other major destinations. Previously used as a six-unit apartment building, this 5,000 square foot property presents significant potential. With OR-2 zoning, it permits a blend of residential, office, and light medical uses. By right, a developer could establish up to 21 dwelling units with a parking variance, creating a unique opportunity to revitalize this Mount Vernon gem. Interior & Exterior: The first, second, and third floors are partially gutted and in need of full renovation. The basement, accessible by walk-outs, is connected to the lower-level of 1118 Saint Paul Street and was most recently used as office space. The lower level has active electric service, with functional water and sewer connections. An interior connection between the basement and first floor will need restoration to complete the building's flow. One of Baltimore's brownstones, with original wooden windows. The rear has a legal easement that allows parking usage by the owner of 1114 Saint Paul Street, roughly 756"² square feet. What's Great About Mount Vernon: Just three walkable blocks from Penn Station, future residents at 1116 Saint Paul Street are positioned at the crossroads of Baltimore's cultural hub and the city's revitalizing northern neighborhoods. A restored Penn Station will seamlessly connect with these surroundings, bringing new commercial spaces to the concourse and boosting local business opportunities. Planned track improvements will increase high-speed rail options, establishing Baltimore as a prime destination along the Northeast Corridor. Just minutes away, tenants can enjoy Baltimore's vibrant arts scene, with performances at The Lyric, Center Stage, and the Meyerhoff Symphony Hall, along with an array of fine dining, fascinating museums, and nearby institutions like the University of Baltimore School of Law and Maryland Institute College of Art (MICA).