$275,000
$300,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,470 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $275,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,470 sqft
Price per Sqft $187
Subdivision Hollins Market
MLS Listing ID MDBA2137198
Sold Date 10/18/24
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,470
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $1,470
Tax Year 2024
Lot Size 1,125 Sqft
Acres 0.03
Property Description
Great opportunity to invest in a fully rented mixed-use building—just take over and start making money! Welcome to 21 S Carrollton Ave, a meticulously updated property that presents an incredible investment opportunity in the heart of a thriving neighborhood. This building features a fully rented front commercial space, generating $850 per month, offering an excellent setting for a business venture or consistent rental income.
Ascend to the top floor to find a beautifully appointed 2-bedroom, 1-bathroom apartment, rented for $1,200 per month, with brand new flooring throughout, creating a modern and comfortable living environment. At the back of the property, a charming studio apartment brings in an additional $850 per month, rounding out the total rental income to $2,900 per month.
Recent upgrades, including a new roof and flooring, ensure the building is fresh and inviting. Each unit is equipped with separate heating and cooling systems for personalized comfort, and with three separate meters for gas and electric, utility management is a breeze for both residents and property owners.
Located just a block away from the newly renovated Hollins Market, this property is positioned in a prime location. The city has invested $2.5 million in revitalizing this area, with the grand reopening planned for spring 2024. This ensures a vibrant neighborhood with promising future property value increases.
This isn’t just a property; it’s a smart investment opportunity. Whether you’re looking to live in one unit while renting out the others or simply enjoy the steady income, this building offers incredible potential. Don’t miss out on the chance to own a piece of this rapidly developing area at an affordable price.
Seize the moment and make 21 S Carrollton Ave your next real estate venture—a perfect blend of modern convenience, strategic location, and the promise of a flourishing community. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
Location
State MD
County Baltimore City
Zoning C-1
Rooms
Other Rooms Commercial/Retail Space
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0318060217 031
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Concetta Gallardo • ExecuHome Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "