NOT LISTED FOR SALE
1 Bed
2.5 Baths
-- Sq Ft
1,355 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $330,000

Highlights

  • Colonial Architecture
  • 90% Forced Air Heating and Cooling System
  • 4-minute walk to Mount Vernon Place
  • No HOA

About This Home

As of July 2021

What makes this 2 unit mixed use investment property in the heart of Mount Vernon special? A great opportunity to own a well maintained, charming, affordable mixed use investment property in the heart of historic Mount Vernon. Currently fully leased, this property gives a first time buyer an opportunity to get their feet wet with a well maintained mixed use investment property in a great location. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other help pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner occupied investing. Property details of this 2 unit mixed use property. The property is make up is office space on the first floor and nicely finished basement level. Expose brick walls, , open floor plan, full bath and small kitchen make this a nice working space. The office kitchenette has a 2 burner gas cooktop, under counter refrigerator and stainless steel bar sized sink. The fully contained spacious, two level one bedroom, one and half bath has a open, bright feel with historic features including hardwood floors, high ceilings and exposed brick walls. The apartment kitchen has wood cabinets, ceramic tile counter tops, 30? gas range, 18? dishwasher, refrigerator and porcelain sink. The apartment also has a full sized washer/ dryer. Who pays the utilities in this investment property? Mechanically, the building is in good shape. The office space (new 2019) and the apartment have separate gas fired forced air heating systems and and central air conditioning. Each unit has a 40 gallons electric hot water heaters. The units are separately metered for gas and electric with 200 Amp main with 100 Amps into each unit with separate panels allowing the tenants to easily pay their own utilities. The roof is torch down rubber. What’s Nearby The location of 127 West Read St. is one of the highlights of the property. It is not surprising the property receives a “Walk Score” of 96 out of 100. It is a 10 minute walk to Penn Station’s Amtrak / MARC and Light Rail, making commuting to Washington, DC or heading to NYC for a meeting an easy task. Within minutes of your front door, you can take in shows at The Lyric and The Meyerhoff Symphony Hall. High end restaurants, museums and world class universities including University of Baltimore School of Law and Johns Hopkins University are close by.

Last Agent to Sell the Property

Will Cannon

(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 05/26/2021

Last Buyer's Agent

Sherrae Robinson

(443) 882-4882 sherrae@conwayrealtors.com Conway Real Estate License #5003008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,305

Lot Details

  • 1,355 Sq Ft Lot
  • Property is zoned OR-2

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mount Vernon Place Historic District Subdivision

Listing and Financial Details

  • Tax Lot 022A
  • Assessor Parcel Number 0311090515 022A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,305

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Automatically Close On Close Date: No
  • Remarks Public: What makes this 2 unit mixed use investment property in the heart of Mount Vernon special? A great opportunity to own a well maintained, charming, affordable mixed use investment property in the heart of historic Mount Vernon. Currently fully leased, this property gives a first time buyer an opportunity to get their feet wet with a well maintained mixed use investment property in a great location. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other help pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner occupied investing. Property details of this 2 unit mixed use property. The property is make up is office space on the first floor and nicely finished basement level. Expose brick walls, , open floor plan, full bath and small kitchen make this a nice working space. The office kitchenette has a 2 burner gas cooktop, under counter refrigerator and stainless steel bar sized sink. The fully contained spacious, two level one bedroom, one and half bath has a open, bright feel with historic features including hardwood floors, high ceilings and exposed brick walls. The apartment kitchen has wood cabinets, ceramic tile counter tops, 30″ gas range, 18″ dishwasher, refrigerator and porcelain sink. The apartment also has a full sized washer/ dryer. Who pays the utilities in this investment property? Mechanically, the building is in good shape. The office space (new 2019) and the apartment have separate gas fired forced air heating systems and and central air conditioning. Each unit has a 40 gallons electric hot water heaters. The units are separately metered for gas and electric with 200 Amp main with 100 Amps into each unit with separate panels allowing the tenants to easily pay their own utilities. The roof is torch down rubber. What’s Nearby The location of 127 West Read St. is one of the highlights of the property. It is not surprising the property receives a “Walk Score” of 96 out of 100. It is a 10 minute walk to Penn Station’s Amtrak / MARC and Light Rail, making commuting to Washington, DC or heading to NYC for a meeting an easy task. Within minutes of your front door, you can take in shows at The Lyric and The Meyerhoff Symphony Hall. High end restaurants, museums and world class universities including University of Baltimore School of Law and Johns Hopkins University are close by.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 222500.00
  • Land Assessed Value: 74500.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1355.00
  • Year Assessed: 2021
  • Zoning: OR-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12948130
  • Tax Annual Amount: 6305.00
  • Assessor Parcel Number: 0311090515 022A
  • Tax Lot: 022A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/23/2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $330,000 -2.7% --
06/07/2021 06/07/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $339,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA552868

Bright MLS