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342 BLOOM STREETBALTIMORE, MD 21217

Commercial · 36,349 Sq. ft. | 0.16 Acres
$2,200,000 ACTIVE

342 BLOOM STREET Overview

Time on Site:
15 days
Visits:
19

Only 39.5k per unit! listed below assessed value-of $2.3 million.. 48 unit multifamily apartment building with large upside potential. Renovated in 1994, ready for another modest facelift. Desirable location with good access shopping and conveniences. Five story building has handicap lift, elevator, community room, rental office, laudry room, two stairwell emergency exits that both allow access to all floors. Secure building with central chiller, central boiler heat. 48 One bedroom aparyments , 18 units occupied and 30 vacant. one apartment was recently remodelled to be used as rental model . pics attached. All units are 1br, they vary slightlyin layout and have approximately 480 to 500 sq ft in area. Cookie cutted modest rehab can quickly bring top rents. Seller has updated one unit as model. stainless steel appliances (fridge, range, disposal,sink)...new cabinetry ...quartz island bar,new hardwood floors,new bath vanity, new kitchen pics are in the listing. Possible Fifty thousan dollar plus rents per mo ($50,000/month) with nice rehab... Great opportunity -- don't delay !

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342 BLOOM STREET Facts & Features

  • Type Commercial
  • Sq. ft. 36,349
  • Price/Sq.ft. $61
  • Lot 0.16 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1935

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: BALTIMORE CITY
  • County Or Parish: BALTIMORE CITY
  • In City Limits: Yes

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 52223.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 2602.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $54,825.00
  • Tax Assessed Value: 2323100.00
  • Tax Year: 2025

General Information

  • Property Condition: Below Average
  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: R-8

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 36349.00
  • Central Air: Yes
  • Hot Water: Electric,Natural Gas

General Information

  • Accessibility Features: Other,48+ Halls,Elevator,Chairlift
  • Cooling: Central A/C
  • Electric: 200+ Amp Service, 3 Phases
  • Security Features: Fire Detection System,Smoke Detector,Sprinkler System - Indoor

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Features: Corner
  • Lot Size Acres: 0.16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7170.00
  • Lot Size Units: Square Feet
  • Road Responsibility: City/County
  • Road Surface Type: Concrete,Paved
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber, Other

General Information

  • Number Of Units Total: 48
  • Sewer: Public Sewer
  • Water Access: No

342 BLOOM STREET Neighborhood

Community

21217 (BALTIMORE) Demographics

39
Median Age
13,740
Population Density (per sq. mile)
23%
College Educated
$31,570
Estimated Median Income
4,739
Estimated Total Home Owners
9,524
Estimated Total Renters
33% / 67%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

342 BLOOM STREET Monthly Cost

$
$ %
%
$
$
Alex Reilley
Kevin Schulthies
Our Website
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

342 BLOOM STREET Market Data

Based on the last 30 days in this zip code

$185,810
Average List Price
$130
Average Price per Square Foot
30
Properties Sold
86
Average Days on Market
285
Properties for Sale
Calculations provided by Reliance Network

342 BLOOM STREET History

Date Event Value Agent
6/16/2026Source: BRIGHT MLS Price Increase
$2,200,000 15.8%
6/15/2026Source: BRIGHT MLS Added to Database
June 15, 2026
Listing provided courtesy of Save 6, Incorporated- MLS# MDBA2219630MLS ProviderContact Information: 3013556104