$289,000
Sold
1624 Sq.Ft | 0 Bed | 0 Bath

2737 maryland ave baltimore md 21218

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Overview

Now Fully Leased! Near Johns Hopkins University Homewood Campus: 2737 Maryland Ave houses 3 1-bedroom, 1-bath apartments.Exposed brick walls and wood floors add a sense of character and charm to these large full-floor one-bedroom units, making them easy to rent. Below-market rents provide an opportunity to add value and increase rents, all while investing in the Charles Village apartment market at an affordable entry point.Each unit has its own electric meter, gas meter, and gas-fired furnace. Tenants each pay their portion towards public service meters (including gas for shared hot water heater) and water, making this investment especially profitable for a new owner.Being located directly on the Maryland Avenue Cycle Track appeals to the growing number of commuters.This building is also convenient for bus commuters, and provides easy access to I-83. 2737 Maryland Ave has a Walk Score of 88, a Transit Score of 64, and a Bike Score of 89.Schedule an appointment to see this income-producing property today!Investment Summary:$289,000 $178 Per Sq. Ft. $96,333 Per Unit 9.2 Times Actual Rent (GRM) 8.7 Times Market Rent (GRM) 9.9% Projected Cash-on-Cash Return

Quick Facts

County
BALTIMORE CITY
Type
Multi-Family
Parking
-
Year Built
1920
Lot
1401Sqft
Heating
Forced Air
Cooling
Window Unit(s)
Price/Sq.ft
177.96
Basement
Other

Taxes and Assessment

Tax Annual Amount:
$4,465
Tax Year:
2019
Country Tax:
211
Tax Assessment Amount:
$189,200
Assessment Year:
2019
Zoning:
R-8
Land Use Code:
3
Section:
3

Listing Provided By

Agent Name:
Thomas Fair
Phone:
4436161041
Office:
Ben Frederick Realty, Inc.
Source:
BRIGHT
Days On Market:
107
Sold Date:
2020-07-09
Came On Market:
2020-02-05

MLS Disclaimer: Copyright Bright MLS. All rights reserved. Information is deemed reliable but not guaranteed.

Last Property Change: 2020-07-22 04:00:00 PM
Last Property Check: 2021-06-14 10:00:00 PM
© 2020 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Federated Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Federated Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.

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