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Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $78
MLS Listing ID MDBA2134172
Sold Date 10/11/24
Style Other,Colonial
Abv Grd Liv Area 2,500
Originating Board BRIGHT
Land Lease Amount 180.0
Land Lease Frequency Semi-Annually
Year Built 1920
Annual Tax Amount $964
Tax Year 2024
Lot Size 1,050 Sqft
Acres 0.02
Property Description
A great opportunity to own a large Multi-family Duplex. Live in one and rent the other unit and pay your mortgage! The market rent for the upper unit is $1500 and $1100 for the lower unit. Estimated monthly rental income: $2,600. This property qualifies for The Vacant to Value Program- $10,000 grant funds toward the down payment and closing cost. Both units have their own gas and electric meters. The two units have been thoughtfully updated with fresh paint, new roof, new water heaters, new high efficiency furnaces, new sump pump, new central AC(upper unit only). The upper unit offers 3 bedrooms and 1.5 bathrooms and is the upper two stories of the building. Both units offer updated kitchens and bathrooms. The upper unit also offers quartz countertops.
The second unit is a 1 bedroom with 1.5 bathrooms and offers an additional 2 dens on the lower level. Each unit has it's own private entrance and is nicely located to major roadways and a few short blocks to the Metro Subway link of North Penn. Close to several colleges to include Loyola, Baltimore Community College, and Coppin State University which offers a great opportunity for you to live in one unit and rent the other unit. This is a great opportunity for an up and coming area! Any questions please ask.
Whether you're an experienced investor looking to expand your portfolio or an owner occupier who is looking to live in one unit and rent the other, this is a perfect opportunity for you. Rehab of house next door is expected to start soon.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Fully Finished, Improved, Rear Entrance
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other, Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315163210 002
Ownership Land Lease
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Janice L Taylor • Long & Foster Real Estate, Inc.
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