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±200-seat Church & Parsonage | Madison St, East Baltimore

AVAILABLE
price:  299,000

Address:  2435 E Madison St
Baltimore, MD
County:  Baltimore City

Description:

Both the church and parsonage are included in the sale. The stone church seats ±200 in the sanctuary and balcony. The fellowship hall seats ±100. The building includes office/classroom space and a small kitchen area. Bathrooms and kitchen require renovation, along with other cosmetic touch-ups. The heating system is no longer operational, and the AC system requires upgrading. The parish house could be used as a revenue stream to help support church missions.

Property Highlights
 Sanctuary seating for ±200
 Church is ±6400 SF on two levels.
 Parsonage is ±1,800 on two levels, plus basement.
 Available for purchase, no lease option.
 Zoned R-8.

Sample Mortgage Terms
 Sale price: $299,000
 30% down: $ 89,700
 Loan amount: $209,300
 Interest rate: 6%
 Amortization: 20 years
Monthly payment of $1,499.49



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Contact us through our real estate brokerage office:
Stephen J. Ferrandi
Broker 
5771 Waterloo Road, Suite 1300
Ellicott City, Maryland 21043
Direct - 410-925-4566
Office - 855-204-2400
Stephen@PraiseBuildings.com
Licensed in MD, DE,
PA, DC, NJ

Josh Halbedel
Associate
5771 Waterloo Road, Suite 1300
Ellicott City, Maryland 21043
Direct - 703-447-4950
Office - 855-204-2400
Josh@PraiseBuildings.com
Licensed in MD & DC