$300,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
703 NEWINGTON AVE Baltimore, MD 21217
2,805 SqFt
Key Details
Sold Price $300,000
Property Type Townhouse
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
Style Traditional
Year Built 1905
Annual Tax Amount $3,585
Tax Year 2022
Lot Size 2,178 Sqft
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
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Exterior
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Special Listing Condition Standard
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Bought with Michael W Fielder • Berkshire Hathaway HomeServices PenFed Realty