About 1516 Lancaster Street
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 Street
| MLS® # | MDBA2161694 |
|---|---|
| Price | $2,400,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,520 |
| Acres | 0.00 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Other, Detached |
| Style | Other |
| Status | Active |
Community Information
| Address | 1516 Lancaster Street |
|---|---|
| City | BALTIMORE |
| County | BALTIMORE CITY-MD |
| State | MD |
| Municipality | BALTIMORE |
| Zip Code | 21231 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Appliances | Dryer, Oven/Range-Electric, Refrigerator, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding, Wood |
|---|---|
| Roof | Asphalt |
| Foundation | Other |
School Information
| District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | June 26th, 2025 |
|---|---|
| Days on Market | 122 |
| Zoning | COMMERCIAL/RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Next Step Realty |
|---|