1516 Lancaster St, BALTIMORE, MD

$2,400,000

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8,490

Square feet

0.12

Acres

About 1516 Lancaster St

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.

Features of 1516 Lancaster St

MLS® # MDBA2164722
Price $2,400,000
Bathrooms 0.00
Square Footage 8,490
Acres 0.12
Year Built 1920
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 1516 Lancaster St
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21231

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C

Exterior

Exterior Brick, Wood Siding
Roof Asphalt
Construction Brick, Wood Siding

Additional Information

Date Listed April 21st, 2025
Days on Market 191
Zoning R-8
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeNext Step Realty

Listing Map

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