$62,000
$62,000
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1907 GREENMOUNT AVE Baltimore, MD 21218
3,000 Sqft Lot
Key Details
Sold Price $62,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Baltimore East - South Clifton Park Hist. District
MLS Listing ID MDBA2099828
Style Art Deco
Year Built 1970
Annual Tax Amount $354
Tax Year 2024
Lot Size 3,000 Sqft
Property Description
Zoning allows for five additional residential dwelling units and commercial spaces if desired. The current building comprises approximately 6,000 gross square feet. Expanding the square footage is convenient, as the main floor extends 100 feet to the alley, and the owner has the option to increase the height up to 60 feet. The property necessitates a complete gut renovation, but upon its completion, it has the potential to generate a monthly income ranging from $6,000 to $8,000+. A main floor commercial tenant would enjoy the advantages of a high-traffic location situated at the corner of Greenmount and North Avenue, which serves as the intersection of the Barclay, East Baltimore Midway, and Greenmount West neighborhoods. The property is conveniently located along major bus routes, merely half a mile away from the Baltimore Arts and Entertainment District, and a quick 5-minute drive to Penn Station. It's worth exploring the surrounding neighborhoods, especially considering the ongoing community redevelopment initiatives in the area. This is an opportunity you don't want to miss out on. Contact us today to discover more!
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water None
Heating None
Cooling None
Exterior
Water Access N
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
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Bought with Babajide John Fadeyi • ExecuHome Realty