MD
BALTIMORE CITY
BALTIMORE
21202
11 E SARATOGA STREET
11 E SARATOGA STREET, BALTIMORE, MD 21202
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Listing Type
Commercial/Industrial
Listing Status
Active
36
$900,000

Home Details for 11 E SARATOGA STREET

Price
$900,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
Lot size acres
0.13
County
BALTIMORE CITY
Garage
Days on site
21
MLS Listing#
MDBA2199504
Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, February 7th and ends Thursday, February 12, 2026 at 12:00 PM. The Lofts at The Daily Record is a boutique luxury apartment building located at 11 E. Saratoga Street in the heart of Downtown Baltimore City. This fully renovated, income-producing asset consists of 20 thoughtfully designed residential units spanning approximately 18,360 square feet and is currently 95% occupied, offering immediate and stable cash flow. Originally gut-renovated in 2018, the property features a modern unit mix of 3 studio apartments, 13 one-bedroom/one-bath units, and 4 two-bedroom/one-bath units, appealing to a wide range of urban renters. The building delivers a strong average rent of $1,212 per unit, supported by high-quality finishes and efficient layouts. Each luxury-style residence includes stainless steel appliances, granite countertops, wood cabinetry, and durable vinyl plank or tile flooring. Select units are enhanced with in-unit washers and dryers, further elevating tenant demand and retention. Tenants reimburse for water, contributing to favorable operating efficiency. The property benefits from new mechanical systems and a new roof, minimizing near-term capital expenditures and ensuring long-term durability. Positioned within walking distance of major employers, transit, dining, and cultural destinations, The Lofts at The Daily Record offers investors a rare opportunity to acquire a modernized, well-performing multifamily asset in one of Baltimore’s most established urban neighborhoods. Financial Highlights **Scheduled Gross Monthly Rent of $21,882** **Scheduled Gross Yearly Rent of $262,584** **Potential Gross Monthly Rent of $22,862** **Potential Gross Yearly Rent of $274,344** Projected Annual Expenses: Taxes: $49,716 Special Benefit District Surcharge: $4,717 Insurance: $14,000 Electric: $6,114 Water: $11,425 Trash Removal: $7,516 Fire/Life Safety$1,500 Licenses: $1,000 Property was issued a limited lead free in 2018 for 19 units, other than Unit 1B, which was issued a Full Risk Reduction Certifcate. Currently, all units have been getting Full Rick Reduction Certificates.

Property Features
  • Cooling Information
    • Other
    • Electric
  • Heating Information
    • Other
  • Water Features
    • Public
  • Parking
    • None
Listing Courtesy: Alex Cooper Auctioneers, Inc. - 410-828-4838
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 EXIT Realty 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2026-02-16 17:21:40
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EXIT SPIVEY PROFESSIONAL REALTY
9396 B. Baltimore National Pike, Ellicott City, MD 21042
Office
410 465 0083
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