Description
Value-add investment opportunity on Reisterstown Road! This 3-story brick rowhouse is configured as three 2-bedroom, 1-bath units, offering strong income potential with 21215 two-bedroom rents averaging around $1,575/month. Features include replacement windows, hardwood and wood-look flooring, radiator heat, central AC, a renovated tiled bath, and a full unfinished basement. Units are vacant and ready for an investor's finishing touches - set your own rents and tenants. A licensed engineer's inspection is available; it found the building in good overall condition for its age and identifies a repair to the third-floor rear floor and window sills, so you can budget with confidence. Projected return of 9.9%-13.7% after repairs (see investor report). Convenient to public transit and shopping. Sold as-is. Bring your contractor and make this your next income property!
Details
| MLS # | MDBA2230528 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 10 |
| Listing Provided By | Keller Williams Realty Centre | Christian Mark Martin |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,625 |
| Story(s) | 3 |
| Zoning | R-8 |
| Acreage | 0.08 |
Interior
| Rooms Total | 9 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | Radiant |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Brick, Brick Front |
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1536 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21215 |
| Area | BALTIMORE CITY MD |
| Community Name | LIBERTY SQUARE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in LIBERTY SQUARE) | |
Price: $230,000 low | high Med: $319,900 sqft: 3,625 low | high Med: 2,705 $ / sqft: $63 low | high Med: $118 On site: 10 low | high Med: 24 | |
Market Activity 21215
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21215 |
| Area | BALTIMORE CITY MD |
| Community Name | LIBERTY SQUARE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in LIBERTY SQUARE) | |
Price: $230,000 low | high Med: $319,900 sqft: 3,625 low | high Med: 2,705 $ / sqft: $63 low | high Med: $118 On site: 10 low | high Med: 24 | |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
