NOT LISTED FOR SALE
Studio
-- Bath
3,060 Sq Ft
1900 Built

Last Sold March 01, 2024

Last sale price $475,000 $155 Per Sq Ft

10 Days on Market

About This Home

As of March 2024

Welcome to 139 E North Ave, an exceptional investment prospect nestled in the vibrant and revitalized Station North neighborhood of Baltimore, Maryland. Priced at $450,000.00, this multi-family building comprises three fully occupied units, currently yielding a total rent of $3,665, while presenting the promising opportunity to reach market rents of $4,285. Boasting immediate income potential, this property is strategically positioned in a thriving locale, just minutes away from the bustling downtown Baltimore area. Don’t overlook the chance to seize this sound investment, characterized by stable occupancy rates and the promise of lucrative returns in a neighborhood on the rise

PRIME LOCATION: Situated in Baltimore, the property is close to MICA, Johns Hopkins, and Baltimore University ensuring a constant demand from students and professionals. With easy access to Penn Station, local job markets, and the I-83 highway, it’s a prime location for convenience and connectivity.

IMMEDIATE ROI: With tenants already in place, this property offers immediate investment potential, ensuring a favorable return on investment from day one.

HOUSE HACK POTENTIAL: Possibility of house hack, living in one of the units and renting the other two. With this approach, the homeowner lives rent-free.

CONVENIENT ACCESSIBILITY: Situated on a high-traffic road, the property ensures easy access to major highways such as HWY 40, 83, and 2, enhancing both visibility and convenience for residents.

LUXURIOUS INTERIORS: All units feature wood flooring, new carpets, granite counters, high-end fixtures, modern stainless steel kitchen appliances, HVAC and washer and dryer in the unit.

Last Agent to Sell the Property

Mendel Dalfin

(410) 498-5408 menachemdalfin@gmail.com Midfield Realty Listed on: 01/25/2024

Last Buyer's Agent

Amoni Woodby

(646) 378-9970 woodbyrealestate@gmail.com RE/MAX Ikon License #5013739

RE/MAX Ikon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,210

Year Built

  • Built in 1900

Home Design

Utilities

  • Heat Pump System

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 0312090390 019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Total Sq Ft: 4190
  • Living Area Sq Ft: 3060
  • Price Per Sq Ft: 155.23
  • Above Grade Finished Sq Ft: 3060
  • Below Grade Sq Ft: 1130
  • Total Below Grade Sq Ft: 1130
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Type: Heat Pump(s)
  • Heating: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: OR-1*
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9210.00
  • Assessor Parcel Number: 0312090390 019
  • Tax Lot: 019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $475,000 0.0% $155 / Sq Ft
02/07/2024 02/07/24 Price Changed $475,000 +5.6% $155 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $450,000 -- $147 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,544 $422,400 $66,600 $355,800
2024 $9,544 $406,333 -- --
2023 $9,210 $390,267 $0 $0
2022 $8,831 $374,200 $66,600 $307,600
2021 $8,484 $359,500 $0 $0
2020 $8,137 $344,800 $0 $0
2019 $7,753 $330,100 $66,600 $263,500
2018 $1,869 $79,200 $66,600 $12,600
2017 $2,018 $85,500 $0 $0
2016 -- $125,600 $0 $0
2015 -- $125,600 $0 $0
2014 -- $125,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2112160

Bright MLS

APN: 12-09-0390 -019