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Key Details
Sold Price $629,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,032 sqft
Price per Sqft $309
Subdivision Little Italy
MLS Listing ID MDBA552770
Sold Date 10/05/21
Style Traditional
Bedrooms 6
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 2,032
Originating Board BRIGHT
Year Built 1870
Annual Tax Amount $4,557
Tax Year 2021
Property Description
INVESTOR ALERT! Located in the heart of Little Italy, blocks from Harbor East, Fells Point, and the Waterfront, this approved and fully renovated 4-unit with road front commercial space or the possibility of a 5th unit add. Three spacious above-grade levels: 1 entry-level studio, 1 entry-level front commercial space, 2 second-level studios, and 1 third-level one bedroom w/ den and rear deck. As a C-1 zoned property, an incoming buyer has the option for additional commercial space or for adding a 5th residential unit. Common area access to all units. Improved basement with soon-to-be installed coin-operated washers and dryers. Current washers and dryers are free use. Features wall-to-wall LVP flooring, custom tiling, granite countertops, ductless mini-splits, and a beautiful historic form stone front face. Current gross is $36,600, with a scheduled gross of $62,700 at full occupancy. One lease includes tenant responsibilities for minor interior and exterior property maintenance along with trash removal. One unit has been reserved vacant for FHA / VA buyers or owner occupants though the owner is willing to fill all units for non-owner occupants. Rent roll, lead certs, and rental license available upon request. Owner financing options also available. Appraised at 650k for immediate buyer equity.
Location
State MD
County Baltimore City
Zoning C-1
Rooms
Basement Full, Improved, Interior Access, Outside Entrance, Water Proofing System
Main Level Bedrooms 2
Interior
Interior Features Attic, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Upgraded Countertops, Wainscotting
Hot Water Natural Gas
Heating Wall Unit
Cooling Wall Unit
Flooring Ceramic Tile, Vinyl
Heat Source Electric
Exterior
Fence Rear
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0303051414 008
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Maxwell B Sarpong • Century 21 Redwood Realty