$77,000
SOLD MAY 31, 2024
-- Bed
-- Bath
1,116 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

29% Above List Price

8 Days on Market

About This Home

As of May 2024

Two-Unit Property for Sale in Baltimore City. Welcome to your next investment opportunity! This unique property offers the perfect blend of potential and practicality, featuring two separate units. The updated second floor unit boasts modern amenities and stylish finishes, offering immediate move-in readiness. Meanwhile, the first floor unit presents an exciting renovation opportunity, allowing you to customize the space according to your vision and preferences.

Income Potential: Whether you're a seasoned investor seeking rental income or a homeowner looking to offset mortgage expenses, this property is primed to generate passive income. Rent out both units for maximum returns or live in one while leasing the other – the choice is yours.

Investment Value: Baltimore City continues to attract investors and homebuyers alike, thanks to its affordable real estate market and strong rental demand. Capitalize on this opportunity to own a piece of Baltimore's burgeoning real estate landscape.

Renovation Flexibility: With the first floor unit awaiting renovations, you have the freedom to unleash your creativity and transform the space into a lucrative asset. Whether you envision a modern urban retreat or a cozy family home, the possibilities are endless.

Don't Miss Out on This Opportunity!

Seize the chance to own a two-unit property with endless potential in Baltimore City. Whether you're an investor, homeowner, or entrepreneur, this property offers the perfect canvas to realize your real estate aspirations. Schedule a viewing today and unlock the possibilities awaiting within these walls!

Last Agent to Sell the Property

Michael Patterson

RE/MAX Ikon License #645312

RE/MAX Ikon

Last Buyer's Agent

Frank Kraus

Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1944 | Remodeled in 2020

Lot Details

  • 1,307 Sq Ft Lot
  • Ground Rent of $90 semi-annually
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 0325087259 011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1944 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-05-03
  • Year Built: 1944
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Two-Unit Property for Sale in Baltimore City. Welcome to your next investment opportunity! This unique property offers the perfect blend of potential and practicality, featuring two separate units. The updated second floor unit boasts modern amenities and stylish finishes, offering immediate move-in readiness. Meanwhile, the first floor unit presents an exciting renovation opportunity, allowing you to customize the space according to your vision and preferences. Income Potential: Whether you're a seasoned investor seeking rental income or a homeowner looking to offset mortgage expenses, this property is primed to generate passive income. Rent out both units for maximum returns or live in one while leasing the other – the choice is yours. Investment Value: Baltimore City continues to attract investors and homebuyers alike, thanks to its affordable real estate market and strong rental demand. Capitalize on this opportunity to own a piece of Baltimore's burgeoning real estate landscape. Renovation Flexibility: With the first floor unit awaiting renovations, you have the freedom to unleash your creativity and transform the space into a lucrative asset. Whether you envision a modern urban retreat or a cozy family home, the possibilities are endless. Don't Miss Out on This Opportunity! Seize the chance to own a two-unit property with endless potential in Baltimore City. Whether you're an investor, homeowner, or entrepreneur, this property offers the perfect canvas to realize your real estate aspirations. Schedule a viewing today and unlock the possibilities awaiting within these walls!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1674
  • Living Area Sq Ft: 1116
  • Price Per Sq Ft: 53.67
  • Above Grade Finished Sq Ft: 1116
  • Below Grade Sq Ft: 558
  • Total Below Grade Sq Ft: 558
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3623

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.80
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 708.00
  • Assessor Parcel Number: 0325087259 011
  • Tax Lot: 011
  • Tax Total Finished Sq Ft: 1116
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/31/2024

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $77,000 +28.5% $69 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $59,900 -- $54 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,019 $43,400 $0 $0
2023 $705 $30,000 $7,000 $23,000
2022 $708 $30,000 $7,000 $23,000
2021 $708 $30,000 $7,000 $23,000
2020 $708 $30,000 $7,000 $23,000
2019 $705 $30,000 $7,000 $23,000
2018 $708 $30,000 $7,000 $23,000
2017 $1,303 $55,200 $0 $0
2016 $1,776 $55,200 $0 $0
2015 $1,776 $55,200 $0 $0
2014 $1,776 $75,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Closed $165,000 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $45,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Assignment Deed $77,000 Clear Title Group
Deed $73,500 --
Deed $41,000 --
Deed $18,000 --
Deed $58,082 --
Deed $23,000 --
Source: Public Records

Source: Bright MLS

MLS Number: MDBA2121300

Bright MLS

APN: 7259-011