$400,000
$419,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4,294 SqFt
SOLD DATE : 10/03/2024
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,294 sqft
Price per Sqft $93
Subdivision Auchentoroly Terrace Historic District
MLS Listing ID MDBA2137568
Sold Date 10/03/24
Style Dwelling with Rental
Abv Grd Liv Area 3,294
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $2,582
Tax Year 2023
Property Description
Welcome to this Renaissance Revival Architectured property that speaks to the history of Auchentoroly
Terrace Historic District. A corner lot property that towers and oversees the continuing city development
of Druid Hill Reservoir Lake, in addition to, Baltimore's Zoo and Baltimore's Arboretum. Come in and view this 3 Unit w/ a zoned - separate - unfinished, yet water proofed, basement unit. In the main part of this majestic Multi-Unit you will find the 3 Units, 2 of which have solely been used as short term rentals generating significant monthly revenue. You can quickly imagine the potential of residing in one unit and, keeping the current blueprint, short term lease the other two units bringing in a substantial income stream. Each Unit has 1 (LARGE) Bedroom w/ full closets, Living Room area, Full Bathroom and each Kitchen has granite countertops with gas stoves.
What if you don't care to live in the property and you see this property for the long-term Beauty she could be? Well, keep with the same blueprint and short term lease 2 Units while you renovate 1 and/ or the Basement Unit. Once they're completed, lease those out and start updating another unit, continuing the process until the whole property is complete!! I mean you will enjoy tax breaks approved by the State if you take advantage of them for doing as such (ASK ME, or your Realtor, how?)
Though expired, this property did appraise for $450K in the Summer of 2022, at our current list price, this is worth you coming to view and placing your best offer(s).
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Outside Entrance, Rough Bath Plumb, Space For Rooms, Water Proofing System
Interior
Interior Features Bathroom - Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Floor Plan - Traditional, Kitchen - Eat-In
Hot Water 60+ Gallon Tank, Multi-tank
Heating Central
Cooling Central A/C
Flooring Hardwood
Equipment Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only
Appliance Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only
Heat Source Central
Exterior
Water Access N
View Park/Greenbelt, Street, Trees/Woods
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall,Plaster Walls
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313053232A022
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Seller Financing, VA
Listing Terms Cash, Conventional, FHA, Seller Financing, VA
Financing Cash,Conventional,FHA,Seller Financing,VA
Special Listing Condition Standard
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Bought with David S Webster • Bennett Realty Solutions
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "