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3200 Elgin Avenue

BALTIMORE, MD 21216
  • $599,900
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: MDBA2111624
$599,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,680
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

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.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 R5-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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
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3200 Elgin Avenue BALTIMORE, MD 21216

  • Price: $599,900
  • Status: Active
  • On Site: 86 Days
  • ID#: MDBA2111624
0
Beds
0
Baths
0
½ Baths
0.2
Acres
3,680
SQFT
$163
$/SQFT
1920
Built
Neighborhood:
Walbrook
County:
Baltimore City
School District:
Baltimore City Public Schools
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.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 R5-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.
Exterior Features

Architectural Style Victorian Construction Materials Shingle Siding Exterior Features Exterior LightingSidewalks Garage Spaces 2.00 Garage Type Other Garage YN Yes Location Type Corner Lot/Unit Parking Features Public Parking Types Detached GarageOn Street Patio And Porch Features Porch(es) Pool No Pool Property Condition Excellent Riparian Rights YN No Roof Built-Up View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2430 Appliances Oven/Range - GasRefrigeratorBuilt-In MicrowaveWasherDryer Basement FullInterior AccessOutside EntranceRear EntranceSide EntranceWindowsFully FinishedHeatedImproved Basement YN Yes Below Grade Finished Area 1250 Below Grade Unfinished Area 140 Cooling Ceiling Fan(s) Fireplace YN Yes Fireplaces Total 1 Flooring HardwoodLuxury Vinyl Plank Heating Forced Air Heating YN Yes Interior Features 2nd KitchenCeiling Fan(s)Dining AreaFloor Plan - Traditional Rooms Total 13 Security Features Carbon Monoxide Detector(s)Smoke DetectorWindow Grills Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 3 Walls Ceilings Dry WallHigh

Property Features

Accessibility Features None Assessment Year 2018 Central Air YN No Cooling Fuel Electric Electric 120/240V Elevators 0 Foundation Details Concrete Perimeter Gross Income 48600.00 Heating Fuel Electric Historic YN No Hot Water 60+ Gallon Tank Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense Includes Insurance Original MLSNumber 802824836028 Owner Pays InsuranceManagementTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Rent Control YN No Sale Type Standard Section 29 Sewer Public SepticPublic Sewer Structure Design Type Detached Tax Annual Amount 3884.00 Tax Assessment Amount 164600.00 Tax Lot 009 Total Actual Rent 48600.00 Vacation Rental YN No Water Source Public Window Features ENERGY STAR QualifiedEnergy Efficient Year Built Effective 2023 Zoning R-5

Listing courtesy of NetRealtyNow.com, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
 
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