Baltimore, MD 21217,1816 MADISON AVE
Baltimore, MD 21217,1816 MADISON AVE
Baltimore, MD 21217,1816 MADISON AVE
Baltimore, MD 21217,1816 MADISON AVE
Baltimore, MD 21217,1816 MADISON AVE
Baltimore, MD 21217,1816 MADISON AVE
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$675,000

$675,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,135 SqFt


SOLD DATE : 12/05/2024

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,135 sqft

Price per Sqft $215

Subdivision Madison Park Historic District

MLS Listing ID MDBA2146064

Sold Date 12/05/24

Style Traditional

Abv Grd Liv Area 3,135

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,148

Tax Year 2024

Property Description

Welcome to this meticulously remodeled triplex, ideal for investors or owner-occupants seeking a move-in-ready property with significant rental potential. This three-unit building includes two spacious 3-bedroom, 2-bath apartments on the first and second floors, each with a private ensuite bath. The third-floor unit features a well-designed 2-bedroom, 2-bath layout, also with an ensuite for added comfort.

Highlights of this property include:
All-new vinyl flooring throughout each unit
Brand-new kitchen appliances with warranties, ensuring reliability and longevity
All-new windows, HVAC systems with new ductwork, and updated gas lines
Fully overhauled plumbing, including new drain and supply lines
Separate meters for each unit, plus a common area meter for shared spaces
Each unit showcases a modern kitchen with soft-close shaker cabinets, granite countertops, and a subway tile backsplash. The metal fire escape has been recently repaired and painted, ensuring safety and durability. The building also boasts a converted rear parking lot with spaces for up to four cars, an invaluable feature for tenants.

The spacious basement includes an owner's closet and hookups for two laundry systems, providing the potential to add coin-operated machines for extra income. With FHA loan eligibility and extensive upgrades, this triplex combines modern comforts with excellent income potential and minimal upkeep.

Don't miss this rare opportunity to own a turnkey rental property that's ready to generate income from day one.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Interior Features Floor Plan - Open, Primary Bath(s), Upgraded Countertops

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile, Laminate Plank, Luxury Vinyl Plank

Equipment Built-In Microwave, Refrigerator, Stainless Steel Appliances, Oven/Range - Gas, Stove

Fireplace N

Window Features Double Pane,Replacement

Appliance Built-In Microwave, Refrigerator, Stainless Steel Appliances, Oven/Range - Gas, Stove

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Built-Up

Accessibility 2+ Access Exits

Total Parking Spaces 4

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,High

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0314130330 009

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tyler Chase Kincer • VYBE Realty
Bought with Washeka Brown • EXP Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 761-4936

josue@teamcaropreso.com

7466 New Ridge Road Suite 1, Hanover, MD, 21076

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