3301 E Monument St - Former St. Matthews United Methodist Church
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3301 E Monument St - Former St. Matthews United Methodist Church
3,550 SF Specialty Building Offered at $349,000 in Baltimore, MD 21205
Investment Highlights
- Affordable turnkey property
- Visible corner location on public transit route
- Seller financing for a full-price offer
Executive Summary
Built in 1922, St. Matthews United Methodist Church is ideal for a small and growing congregation. The building includes two levels of ±1775 SF each. On the upper level is the sanctuary and office. The lower level includes a hall, large kitchen, and restrooms. The exterior yard is fenced and offers greenspace for outdoor events. Cooling is provided by window units, and heating is a gas-fired boiler. Though it could use some updates, the property is turnkey. Located in the Ellwood Park neighborhood, on the corner of N Bouldin and E Monument, the church is highly visible and on a public transit route. Seller financing may be available with a full-price offer for a purchaser who intended to use the property as a house of worship. Terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon; terms are non-negotiable. There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. Some chattels will convey with the sale.
To submit an LOI, please complete a term sheet, which will request the following information: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Please contact agent with any questions.
To submit an LOI, please complete a term sheet, which will request the following information: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Please contact agent with any questions.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $349,000 | Building Size | 3,550 SF |
| Price Per SF | $98 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1922 |
| Property Type | Specialty |
| Price | $349,000 |
| Price Per SF | $98 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Building Size | 3,550 SF |
| No. Stories | 2 |
| Year Built | 1922 |
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Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 26-20-6153-001 | Improvements Assessment | $113,200 |
| Land Assessment | $37,800 | Total Assessment | $151,000 |
PROPERTY TAXES
Parcel Number
26-20-6153-001
Land Assessment
$37,800
Improvements Assessment
$113,200
Total Assessment
$151,000
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3301 E Monument St - Former St. Matthews United Methodist Church
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