Baltimore, MD 21218,301 E 25TH ST
Baltimore, MD 21218,301 E 25TH ST
Baltimore, MD 21218,301 E 25TH ST
Baltimore, MD 21218,301 E 25TH ST
Baltimore, MD 21218,301 E 25TH ST
Baltimore, MD 21218,301 E 25TH ST
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$550,000

$599,900

8.3%
Est.Price: ?

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Est. payment /mo

3,416 SqFt


SOLD DATE : 08/12/2024

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,416 sqft

Price per Sqft $161

MLS Listing ID MDBA2111870

Sold Date 08/12/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $5,113

Tax Year 2023

Lot Size 1,440 Sqft

Acres 0.03

Property Description

Incredibly Rare 5-Unit Corner Property. The owner loves this property, and the only reason for selling is to trade up into a larger building. An awesome cash-flowing investment opportunity adjacent to Charles Village at the intersection of Guilford and 25th Street. The property has great bones and recent owner upgrades in 2021, including HVAC, electric, plumbing, kitchens, bathrooms, flooring, fixtures, and painting, etc. This property shows exceptionally well and is easy to rent to happy tenants. The units are spread out over the four finished levels. The first two floors consist of a bi-level 2BD 2BA ($1400/m) and an efficiency unit last rented for $950/m. The 3rd floor contains two 1BD 1BA apartments with rents of $1,000/m and $1,050/m. The fourth floor is an awesome 1BA 1BA full-level unit with a large living space and a walk-out roof deck with gorgeous city views ($1,350/m). Three of the five units are presently occupied, and the seller has purposely kept the other two vacant as he explores shorter-term 4-6 month furnished rental options. Gross potential building income is $5,750+. The property is a ‘Walker's Paradise' with a 92 walkability score. It is centrally located near Johns Hopkins University, Charles Village, lots of shopping, and restaurants in the Station North Arts and Entertainment District and Historic Charles Street thoroughfare. This will go quickly, and you simply must see this gem! Love it or Leave it with our 12-Month Buy It Back or Sell It for Free Guarantee!* Have a Home to Sell? Buy this Home, and We Will Buy Yours for Cash!* Schedule a Tour Today.

Location

State MD

County Baltimore City

Zoning OR-1*

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile, Laminate Plank

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Rubber,Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312143827 023

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Dimitrios Lynch • ExecuHome Realty
Bought with Carl Goran Olsson • Douglas Elliman of Metro DC, LLC - Bethesda
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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