2519 Liberty Heights Ave Baltimore, MD 21215
Burleith-Leighton NeighborhoodEstimated payment $4,170/month
Total Views
10,901
--
Bed
--
Bath
3,500
Sq Ft
$197
Price per Sq Ft
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Property is in very good condition
About This Home
Incredible opportunity to own this newly rehabbed and converted legally-zoned 5 unit multifamily property with R6 Zoning. Building features & amenities include: full building sprinkler system, gated paved and lined parking lot, abundant street parking, common area conference/business center, coin laundry, self-contained units, rear decks, and large walk-out lower level storage / common area. Approx 5,200 sf of income production potential. Unit descriptions: Unit 1: 2br 1ba main floor. Unit 2: 2br 1ba upper floor. Unit 3: 1br 1ba main floor. Unit 4: 1br 1 ba upper floor. Unit 5: 1 br 1ba Lower-level walk-out 900+ sf large enough to add a second bedroom. All units delivered vacant allowing new owner full control over income and tenant selection. The rehab and conversion of the building is brand new and current owner is working on final sign-off and U&O Certificate. Additional potential income upside over and above the base rent: Parking space rental, business center rental, coin laundry income, large lower-level common area rental, and storage locker rental. Large roofline allows an investor the potential to jump on the solar installation bandwagon and sell to the grid or to the tenants.
Conveniently located, occupants are a quick walk from the Mondawmin transit plaza, providing quick access to the city via metro subway and local buses. The Mondawmin Mall and The Village at Mondawmin Community center, a three-story complex with over 100 specialty stores and a large grocery store serves the immediate neighborhood. Liberty Road is lined with booming retail. Druid Hill Park, a 745-acre oasis and home to the Maryland Zoo and Rawlings Conservatory & Botanical Gardens, is just a 7-minute walk from the property. Straight shot to I-695 via liberty road, and a short commute to I-83 and Downtown Baltimore, giving tenants opportune access to major employment, transport, education, recreation, shopping, and medical. * Photos of Completely Update Basement Unit Coming Soon*
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,006
Year Built
- Built in 1930 | Remodeled in 2024
Lot Details
- 6,750 Sq Ft Lot
- Property is in very good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Cement Siding
- HardiePlank Type
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Lot
Schools
- Gwynns Falls Elementary School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Private Sewer
Community Details
- 4 Units
- Liberty Square Subdivision
Listing and Financial Details
- Tax Lot 017
- Assessor Parcel Number 0315193263 017
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,982 | $235,800 | $30,800 | $205,000 |
| 2024 | $4,982 | $212,100 | $0 | $0 |
| 2023 | $4,446 | $188,400 | $0 | $0 |
| 2022 | $3,887 | $164,700 | $30,800 | $133,900 |
| 2021 | $3,749 | $158,867 | $0 | $0 |
| 2020 | $3,233 | $153,033 | $0 | $0 |
| 2019 | $3,128 | $147,200 | $30,800 | $116,400 |
| 2018 | $3,183 | $147,200 | $30,800 | $116,400 |
| 2017 | $3,220 | $147,200 | $0 | $0 |
| 2016 | $2,061 | $150,600 | $0 | $0 |
| 2015 | $2,061 | $150,267 | $0 | $0 |
| 2014 | $2,061 | $149,933 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/11/2024 11/11/24 | For Sale | $690,000 | +2319.9% | $197 / Sq Ft |
| 10/28/2016 10/28/16 | Sold | $28,514 | +5.2% | $8 / Sq Ft |
| 10/07/2016 10/07/16 | Pending | -- | -- | -- |
| 10/05/2016 10/05/16 | Price Changed | $27,100 | 0.0% | $8 / Sq Ft |
| 10/05/2016 10/05/16 | For Sale | $27,100 | -27.0% | $8 / Sq Ft |
| 08/10/2016 08/10/16 | Pending | -- | -- | -- |
| 08/02/2016 08/02/16 | For Sale | $37,100 | -- | $11 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $28,514 | None Available | |
| Deed In Lieu Of Foreclosure | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,000 | New Conventional | |
| Open | $249,500 | New Conventional | |
| Closed | $86,700 | Commercial | |
| Previous Owner | $112,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in Baltimore, MD
Source: Bright MLS
MLS Number: MDBA2146204
APN: 3263-017
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