$300,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
2,805 SqFt
SOLD DATE : 03/29/2023
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,805 sqft
Price per Sqft $106
Subdivision Reservoir Hill
MLS Listing ID MDBA2060682
Sold Date 03/29/23
Style Traditional
Abv Grd Liv Area 2,805
Originating Board BRIGHT
Year Built 1905
Annual Tax Amount $3,585
Tax Year 2022
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Partially occupied 4 unit property in Reservoir Hill! Come be a part of the resurgence of Reservoir Hill today. This legally zoned 4 unit features (2) large 1 bedroom units, (1) efficiency and (1) medium sized 1 bedroom unit. Currently Unit 1 and 4 are occupied with long term below market rent tenants, bringing in $850 and $765 respectively. Owner pays gas, electric and water, equaling $5,200 per year for all utilities in 2021. Heat is a common boiler. The vacant 2 units can easily bring in over $1,000 a piece.
With close proximity to the revamped Druid hill park, multiple community gardens and 3 Blocks from the Madison Park North housing and commercial development this property is in one of the best locations in Reservoir Hill. With easy access to downtown through 83, or out of the city, this property couldn't be more convenient. Look for open houses to see occupied units.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Full, Outside Entrance, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313113446 086
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Michael W Fielder • Berkshire Hathaway HomeServices PenFed Realty