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Baltimore,MD 21231
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,852 sqft
Price per Sqft $207
MLS Listing ID MDBA2151460
Style Federal
Abv Grd Liv Area 1,852
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,018
Tax Year 2024
Property Description
Captivating Multi-Unit Investment Opportunity in Fells Point. Welcome to an extraordinary investment opportunity in the highly sought-after Fells Point neighborhood. This licensed multi-unit end-of-group property features: Separate Utilities: Each unit boasts its own gas and electric meters, water heaters, and HVAC systems. Versatile Layout: The main level includes a front commercial space with a full bath, alongside a one-bedroom, one-bath apartment. Upper Levels: The second floor hosts a one-bedroom, one-bath apartment, while the third level offers a cozy studio apartment. Current Tenancy: The commercial space is vacant and requires minor work. The first-floor apartment rents for $1,150/month, and the second-floor apartment rents for $1,100/month. The third-floor studio is currently vacant. Income Potential: With projected gross rental income of over $3,500/month, this property presents a lucrative opportunity for savvy investors. Don't miss out on this rare find in a vibrant community! Zoning is for 3 dwelling units. Buyer to verify what options are available for the commercial space.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Connecting Stairway,Unfinished
Interior
Interior Features Bathroom - Soaking Tub,Ceiling Fan(s),Kitchen - Eat-In,Window Treatments,Wood Floors
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Built-In Microwave,Dryer,Oven/Range - Gas,Refrigerator,Washer
Fireplace N
Window Features Double Pane
Appliance Built-In Microwave,Dryer,Oven/Range - Gas,Refrigerator,Washer
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available
Water Access N
View Street
Roof Type Composite
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0302071783 036
Ownership Ground Rent
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard