$142,500
$149,900
4.9%For more information regarding the value of a property, please contact us for a free consultation.
2,000 SqFt
SOLD DATE : 08/15/2022
Key Details
Sold Price $142,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $71
MLS Listing ID MDBA2020416
Sold Date 08/15/22
Style Traditional
Abv Grd Liv Area 2,000
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,062
Tax Year 2022
Lot Size 2,130 Sqft
Acres 0.05
Property Description
Financing fell through on previous offer. This property is a cash cow, featuring two legally zoned units. The upstairs unit is currently vacant with the tenant recently leaving, the updated unit features 2 beds and 1 bath with a back balcony. The unit was previously rented for $975 per month. The lower 2 bed 1 bath unit is occupied with a long term renter (15 years) and the tenant is up to date on rent. Current rent is below market value at $725 a month with the tenant paying their own utilities including half of the water bill. Lease is available in the documents section, tenant is currently month to month. Electronic locks on all doors will make managing this property a breeze! Property should have no issue passing FHA or VA appraisal.
This property would make a great house hack, with close proximity to Hampden and 83, you'll easily be able to rent this property. Be a part of the Renaissance happening in Park Heights today.
Location
State MD
County Baltimore City
Zoning R-6
Interior
Hot Water Natural Gas
Heating Central
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315313167 005
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Sofia Matilde Edwards • Realty ONE Group Capital
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "