$295,000
$295,000
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1,638 SqFt
SOLD DATE : 02/04/2022
Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $180
Subdivision Hampden Historic District
MLS Listing ID MDBA2007842
Sold Date 02/04/22
Style Converted Dwelling
HOA Y/N N
Abv Grd Liv Area 1,638
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,642
Tax Year 2021
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 14' x 80'
Property Description
Price Improvement! This 3 story, end of group Hampden investment property has 2 apartments and 1 office space on the terrace level. Hampden is artsy, lively, walkable, historic, kid-friendly and commuter friendly and is one of Baltimores hottest neighborhoods. This property cash flows as-is, but rents are low and kitchens and baths are older providing the opportunity to make improvements and increase rents accordingly. Tenants enjoy the ample sunlight that these east-facing end-of-group apartments offer, with fourteen above-grade windows. Sturdy finishes to the apartments make turnover a breeze. The first floor apartment kitchen has an original metal sink base with porcelain sink and a 30 gas range, and the bathroom has original claw foot tub and wall-mounted sink. The second floor apartment has an updated kitchen with Formica countertops and a stainless steel sink; this bathroom features a modern vanity and steel tub with vinyl tub surround. Kitchens and baths have vinyl tile flooring. The living areas have hardwood floors. Each apartment has a private porch off the rear.
Downstairs, in the office, glass block windows allow sunlight to filter through. This basement office has a suspended grid ceiling for easy utility maintenance to the apartments above. A half bathroom is provided for workers and guests.These apartments are separately metered for electric; public service utilities for both gas and electric are tied into the commercial basement meters. Both residential tenants reimburse the landlord for 1/3 each of the water & sewer bill for the property. Radiator heat throughout the building is supplied by a Columbia gas-fired boiler. One gas-fired GE water heater provides hot water to the units. Hampden has a WalkScore of 88 and BikeScore of 85. With a CrimeGrade of A it is one of Baltimores lowest-crime neighborhoods. Wyman Park is located to the east and Druid Hill Park located to the west. Tenants can easily access I-83, making Hampden an attractive location for commuters to both downtown Baltimore and points further north. Just a quick 250 foot walk get tenants fresh baked goods at Harmony Bakery, one of Hampdens newer and popular restaurants. At time of sale: First floor rents at $805, second floor rents for $925. Basement delivered vacant. Residential apartments under market rents.
Location
State MD
County Baltimore City
Zoning R-8*
Interior
Hot Water Natural Gas
Heating Central, Radiator
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Tar/Gravel
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313143533 039
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with David L Redd • Prestige Realty Group, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "