NOT LISTED FOR SALE

Estimated Value: $561,901 - $614,000

-- Bed
4 Baths
2,440 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $570,000 $234 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,602/month

100 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 2 Fireplaces
  • Federal Architecture
  • Main Floor Bedroom
  • 3-minute walk to 32nd Street Park

About This Home

As of August 2024

Rarely does an incredible opportunity like this come along! This meticulously maintained four-unit property is located in the heart of vibrant Charles Village in Baltimore City and is fully rented, generating $4,160 per month! Rent is paid; there is no delinquency! Written leases and valid lead certificates in place for each unit! Two one-bedroom units (the main level and basement) currently generate $1,010 and $875 respectively in monthly rents. One two-bedroom unit (the second) level will generate $1,450 in monthly rent starting July 1. The studio apartment (on the top level) currently generates $825 in monthly rent. There’s 2-car parking in the back that’s currently part of the lease for the main level. There are coin-operated laundry facilities on the basement level, accessible by all. The property is deemed a “walker’s paradise” and boasts an incredible walk score of 93 out of 100, and a bike score of 82 out of 100, which is no surprise with its prime location just one block to Medstar Union Memorial Hospital, four blocks to the prestigious Johns Hopkins University, six blocks to the Baltimore Museum of Art, 8 blocks to a Giant Grocery store, and within walking distance to countless coffee shops, stores, and restaurants! Located just 3.4 miles directly north of Baltimore’s Inner Harbor and 1.3 miles to I-83 further accentuates this property’s ideal location and easy rentability! With its enviable location, current monthly rents, updated heating system in 2022, improved front balcony porch in 2023, a brand new roof installed in 2024, low maintenance, written leases, and valid lead certificates, this opportunity could not be more perfect! Do not hesitate to make a move; this property will not be available for long!

Last Agent to Sell the Property

Jamie Koehler

(443) 604-5875 jamie.koehler@cummingsrealtors.com Cummings & Co. Realtors Listed on: 04/11/2024

Cummings & Co. Realtors

Last Buyer's Agent

David Pridgen

(410) 701-0299 info@digsbydave.com Realty ONE Group Excellence License #522896

Realty ONE Group Excellence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,651

Year Built

  • Built in 1918

Lot Details

  • Infill Lot
  • Interior Lot
  • Front Yard
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Federal Architecture
  • Brick Front

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Open Floorplan
  • Dining Area
  • City Views

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Front Basement Entry
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Parking Space Conveys

Outdoor Features

  • Multiple Balconies
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Water Heater

Listing and Financial Details

  • The owner pays for water, electricity, gas
  • Tax Lot 003
  • Assessor Parcel Number 0312193878 003

Community Details

Overview

  • 4 Units
  • Charles Village Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,651

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Exclusions: all furnishings
  • Inclusions: refrigerators, stoves, 1 dishwasher, coin-operated washer and dryer
  • New Construction: No
  • Year Built: 1918
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely does an incredible opportunity like this come along! This meticulously maintained four-unit property is located in the heart of vibrant Charles Village in Baltimore City and is fully rented, generating $4,160 per month! Rent is paid; there is no delinquency! Written leases and valid lead certificates in place for each unit! Two one-bedroom units (the main level and basement) currently generate $1,010 and $875 respectively in monthly rents. One two-bedroom unit (the second) level will generate $1,450 in monthly rent starting July 1. The studio apartment (on the top level) currently generates $825 in monthly rent. There’s 2-car parking in the back that’s currently part of the lease for the main level. There are coin-operated laundry facilities on the basement level, accessible by all. The property is deemed a “walker’s paradise” and boasts an incredible walk score of 93 out of 100, and a bike score of 82 out of 100, which is no surprise with its prime location just one block to Medstar Union Memorial Hospital, four blocks to the prestigious Johns Hopkins University, six blocks to the Baltimore Museum of Art, 8 blocks to a Giant Grocery store, and within walking distance to countless coffee shops, stores, and restaurants! Located just 3.4 miles directly north of Baltimore’s Inner Harbor and 1.3 miles to I-83 further accentuates this property’s ideal location and easy rentability! With its enviable location, current monthly rents, updated heating system in 2022, improved front balcony porch in 2023, a brand new roof installed in 2024, low maintenance, written leases, and valid lead certificates, this opportunity could not be more perfect! Do not hesitate to make a move; this property will not be available for long!
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater, Dryer
  • Flooring Type: Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Galley, Bathroom - Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Daylight, Partial, Front Entrance, Heated, Improved, Outside Entrance, Partially Finished, Walkout Stairs, Windows
  • Total Sq Ft: 2440
  • Living Area Sq Ft: 2440
  • Price Per Sq Ft: 304.23
  • Above Grade Finished Sq Ft: 1890
  • Below Grade Finished Sq Ft: 550
  • Total Below Grade Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Concrete
  • Exterior Features: Exterior Lighting, Gutter System, Sidewalks, Street Lights, Fire Escape
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Parking Space Conveys, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Features: Front Yard, Interior
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Electricity, Gas
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5651.00
  • Assessor Parcel Number: 0312193878 003
  • Tax Lot: 003
  • Tax Total Finished Sq Ft: 2190
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/30/2024

Multi Family

  • Number Of Units Vacant: 1
  • Single Room Units Count: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Aug 30, 2024
Sold by
Smith Andrae J
Bought by
Singh Jaswant
Seller's Agent
Jamie Koehler
Cummings & Co. Realtors
Buyer's Agent
David Pridgen
Realty ONE Group Excellence
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%
Views
60
Current Estimated Value
$587,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,951
Avg. Annual Appreciation
2.81%
Original Mortgage
$280,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2013
Sold by
Monaco Ralph J and Gettier Albert F
Bought by
Smith Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,511
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Singh Jaswant $570,000 Arch Title
Singh Jaswant $570,000 Arch Title
Smith Andrea J $303,000 Home First Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Jaswant $280,000
Previous Owner Smith Andrea J $297,511
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $570,000 -0.9% $234 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $575,000 -3.4% $236 / Sq Ft
04/11/2024 04/11/24 For Sale $595,000 +96.4% $244 / Sq Ft
06/13/2014 06/13/14 Sold $303,000 +1.0% $160 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $300,000 -- $159 / 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 $5,932 $265,700 $90,000 $175,700
2024 $5,932 $252,567 $0 $0
2023 $5,624 $239,433 $0 $0
2022 $5,341 $226,300 $90,000 $136,300
2021 $5,303 $224,700 $0 $0
2020 $5,265 $223,100 $0 $0
2019 $5,203 $221,500 $90,000 $131,500
2018 $5,226 $221,433 $0 $0
2017 $5,224 $221,367 $0 $0
2016 $5,104 $221,300 $0 $0
2015 $5,104 $214,200 $0 $0
2014 $5,104 $207,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2119380

Bright MLS

APN: 3878-003