823 Park Avenue is a one-of-a-kind property in the Historic Mount Vernon neighborhood of Baltimore City, offering a blend of residential and commercial opportunities. The building features a home office on the first level, five rental units, and a stunning owner’s unit spanning approximately 3,400 square feet across three upper levels. The owner’s unit is crowned by a sixth-floor deck that provides unobstructed 270-degree views of the Baltimore skyline. In total, the property includes approximately 8,400 square feet of above-grade space and an additional 1,500 square feet of finished lower-level storage, utility space, and a studio apartment. The owner’s unit is designed to impress, featuring two bedrooms, two and a half bathrooms, and a two-story atrium entertainment area with floor-to-ceiling windows. A 30-foot kitchen and breakfast area lead to a spacious 600-square-foot family room with accordion glass doors that open onto a large deck, creating the perfect space for enjoying panoramic skyline views. The rental portion of the property includes two two-bedroom apartments and three studio apartments. Four units generate $4,495 monthly rental income, while one two-bedroom unit remains vacant. With fair market rents for the two-bedroom units estimated at $1,500 to $1,700 per month, the property has significant potential to increase its monthly rental income to approximately $6,500. Additionally, the owner’s unit could be rented for $4,000 to $5,000 per month, and the first-floor office space offers a rental potential of $1,500 to $2,000 per month. Altogether, the property has the potential to generate $12,000 to $13,000 in monthly rental income. 823 Park Avenue has undergone extensive renovations and updates, including a 600-amp electric service, 56 new windows, new plumbing and feeder lines, updated bathrooms and kitchens, and separate gas and electric meters for each unit. A sprinkler system has been installed throughout the property, and there is carport parking for two vehicles and a sizeable rear brick patio. This remarkable property combines modern amenities with historic charm, making it an exceptional opportunity in a highly desirable neighborhood.