$499,000
$599,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
3200 ELGIN AVE Baltimore, MD 21216
6 Beds
3 Baths
3,680 SqFt
Key Details
Sold Price $499,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $135
Subdivision Walbrook
MLS Listing ID MDBA2113610
Style Victorian
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $3,884
Tax Year 2018
Lot Size 8,640 Sqft
Property Description
Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024.
Live in one unit and rent the other two. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Hardwood, Luxury Vinyl Plank
Fireplaces Number 1
Equipment Oven/Range - Gas, Refrigerator, Built-In Microwave, Washer, Dryer
Exterior
Exterior Feature Porch(es)
Parking Features Other
Garage Spaces 2.0
Water Access N
View City
Roof Type Built-Up
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Septic, Public Sewer
Water Public
Structure Type Dry Wall,High
New Construction N
Schools
School District Baltimore City Public Schools
Others
Special Listing Condition Standard
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Bought with Aderyn Bright • CENTURY 21 New Millennium