Baltimore, MD 21211,3422 CHESTNUT AVE
Baltimore, MD 21211,3422 CHESTNUT AVE
Baltimore, MD 21211,3422 CHESTNUT AVE
Baltimore, MD 21211,3422 CHESTNUT AVE
Baltimore, MD 21211,3422 CHESTNUT AVE
Baltimore, MD 21211,3422 CHESTNUT AVE
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$295,000

$295,000

Est.Price: ?

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Est. payment /mo

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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Bright MLS (BMLS)
Listed by Cheryl L, Sadera • Ben Frederick Realty, Inc.
Bought with David L Redd • Prestige Realty Group, 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(914) 223-7234

briahna.savage@exprealty.com

777 Westchester Ave, West Harrison, NY, 10604, USA

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