Baltimore, MD 21217,1700 MADISON AVE
Baltimore, MD 21217,1700 MADISON AVE
Baltimore, MD 21217,1700 MADISON AVE
Baltimore, MD 21217,1700 MADISON AVE
Baltimore, MD 21217,1700 MADISON AVE
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$350,000

$425,000

17.6%
Est.Price: ?

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Est. payment /mo

7,560 SqFt


SOLD DATE : 05/15/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 7,560 sqft

Price per Sqft $46

Subdivision Madison Park Historic District

MLS Listing ID MDBA2105486

Sold Date 05/15/24

Style Federal,Traditional

Abv Grd Liv Area 7,560

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $10,253

Tax Year 2023

Property Description

The property has 6 residential units and one retail space.

No tenants at the moment.
Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement.
Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center.
Multiple income streams: Combined residential and commercial units ensure stable cash flow.
Ample street parking and easy access to transportation routes.

The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art),
presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised
of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and
success, contribute to the vibrant community surrounding this property.
The vacant units provide significant potential for increased revenue through renovation and leasing efforts.

Location

State MD

County Baltimore City

Zoning R-7

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Other

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Federal, Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0314130341 001

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Menachem M. Dalfin • Midfield Realty
Bought with NON MEMBER • Non Subscribing Office
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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