For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $304,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Liberty Square
MLS Listing ID MDBA2124048
Sold Date 06/28/24
Style Bungalow
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,809
Tax Year 2024
Property Description
Open House Thursday, May 23rd from 5:00-7:00 pm. Offers due Friday, May 24th by 12:00pm.
Exciting Investment Opportunity in Baltimore!
Calling all investors or savvy homeowners looking to offset their mortgage payments - this ready-to-rent 3-unit property is a gem waiting to be discovered! With the option to live in one unit and have the other two units cover your mortgage, financial freedom is within reach. Plus, explore the 2-4 unit owner-occupied conventional or FHA loan program, sometimes requiring just 3.5-5% down payment for added convenience.
Unit breakdown: Unit 1: Charming 2 bedrooms, 1 bathroom. Unit 2: Cozy 2 bedrooms, 1 bathroom. Unit 3: Quaint 1 bedroom, 1 bathroom
Each unit is separately metered for hassle-free utility management. The entire property underwent a complete renovation in 2022, ensuring modern living spaces for tenants. Additionally, newer furnace and water heater systems in each unit provide peace of mind for long-term maintenance.
Situated on a spacious lot with a convenient parking pad at the back, this property offers both comfort and practicality. Adjacent to a daycare facility, the neighborhood is family-friendly and bustling with activity.
Location is key! Just minutes away from the Baltimore Zoo and Coppin State University, residents will enjoy easy access to entertainment and educational opportunities. Near the metro and major commute routes. Rental comps indicate strong potential, with projected income of $3,700 (excluding utilities), making this property a lucrative investment.
Don't miss out on this fantastic opportunity to grow your real estate portfolio or secure a smart housing solution. Contact us today to schedule a viewing and make this property yours!
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Unfinished
Interior
Interior Features 2nd Kitchen, Additional Stairway, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Pantry, Kitchenette
Hot Water Electric
Heating Central
Cooling None
Flooring Carpet, Tile/Brick
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315303251 028
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Negotiable, Private, VA
Listing Terms Cash, Conventional, FHA, Negotiable, Private, VA
Financing Cash,Conventional,FHA,Negotiable,Private,VA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kelli C Wilson-Bigelow • Berkshire Hathaway HomeServices Homesale Realty
GET MORE INFORMATION
Nathan Labish
Real Estate Agent | License ID: 0225271116
Real Estate Agent License ID: 0225271116