NOT LISTED FOR SALE

Estimated Value: $183,000

Studio
2 Baths
1,116 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $77,000 $69 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,037/month

8 Days on Market

About This Home

As of May 2024

Two-Unit Property for Sale in Baltimore City. Welcome to your next investment opportunity! This unique property offers the perfect blend of potential and practicality, featuring two separate units. The updated second floor unit boasts modern amenities and stylish finishes, offering immediate move-in readiness. Meanwhile, the first floor unit presents an exciting renovation opportunity, allowing you to customize the space according to your vision and preferences.

Income Potential: Whether you're a seasoned investor seeking rental income or a homeowner looking to offset mortgage expenses, this property is primed to generate passive income. Rent out both units for maximum returns or live in one while leasing the other – the choice is yours.

Investment Value: Baltimore City continues to attract investors and homebuyers alike, thanks to its affordable real estate market and strong rental demand. Capitalize on this opportunity to own a piece of Baltimore's burgeoning real estate landscape.

Renovation Flexibility: With the first floor unit awaiting renovations, you have the freedom to unleash your creativity and transform the space into a lucrative asset. Whether you envision a modern urban retreat or a cozy family home, the possibilities are endless.

Don't Miss Out on This Opportunity!

Seize the chance to own a two-unit property with endless potential in Baltimore City. Whether you're an investor, homeowner, or entrepreneur, this property offers the perfect canvas to realize your real estate aspirations. Schedule a viewing today and unlock the possibilities awaiting within these walls!

Last Agent to Sell the Property

Michael Patterson

(410) 442-4455 info@ikonone.com RE/MAX Ikon License #645312 Listed on: 04/26/2024

RE/MAX Ikon

Last Buyer's Agent

Frank Kraus

(410) 814-2400 frank@mdsold.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1944 | Remodeled in 2020

Lot Details

  • 1,307 Sq Ft Lot
  • Ground Rent of $90 semi-annually
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 0325087259 011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1944 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-05-03
  • Year Built: 1944
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1674
  • Living Area Sq Ft: 1116
  • Price Per Sq Ft: 53.67
  • Above Grade Finished Sq Ft: 1116
  • Below Grade Sq Ft: 558
  • Total Below Grade Sq Ft: 558
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.80
  • Property Condition: Average
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 708.00
  • Assessor Parcel Number: 0325087259 011
  • Tax Lot: 011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Ground Rents Llc
Bought by
Brooklyn18 Llc
Current Estimated Value
$183,000

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 31, 2024
Sold by
Dibimonte Investments Llc
Bought by
Brooklyn18 Llc
Seller's Agent
Michael Patterson
RE/MAX Ikon
Buyer's Agent
Frank Kraus
Berkshire Hathaway HomeServices Homesale Realty
List Price
$59,900
Sold Price
$77,000
Premium/Discount to List
$17,100
28.55%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.93%
Original Mortgage
$90,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2022
Sold by
Abc Management-Baltimore Llc
Bought by
Dibimonte Investments Llc

Purchase Details

Closed on
Apr 2, 2010
Sold by
Inversiones Llc
Bought by
Rentals A S H Llc

Purchase Details

Closed on
Nov 24, 2009
Sold by
Paper Street Investments Llc
Bought by
Inversiones Llc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Imc 97 & 7 Refi Co Llc
Bought by
Paper Street Investments Llc

Purchase Details

Closed on
Sep 2, 2008
Sold by
Ez Hern and Ez Luis A
Bought by
1C 9

Purchase Details

Closed on
Nov 3, 1995
Sold by
Houliaras Elias S
Bought by
Hernandez Luis A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Brooklyn18 Llc $1,500 Commerce Title
Brooklyn18 Llc $1,500 Commerce Title
Brooklyn18 Llc $77,000 Clear Title Group
Brooklyn18 Llc $77,000 Clear Title Group
Dibimonte Investments Llc -- Castle Title
Dibimonte Investments Llc -- Castle Title
Rentals A S H Llc $73,500 --
Inversiones Llc $41,000 --
Paper Street Investments Llc $18,000 --
1C 9 $58,082 --
Hernandez Luis A $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooklyn18 Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $77,000 +28.5% $69 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $59,900 -- $54 / Sq Ft
Source: Bright MLS

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 $1,019 $56,800 -- --
2024 $1,019 $43,400 -- --
2023 $705 $30,000 $7,000 $23,000
2022 $708 $30,000 $7,000 $23,000
2021 $708 $30,000 $7,000 $23,000
2020 $708 $30,000 $7,000 $23,000
2019 $705 $30,000 $7,000 $23,000
2018 $708 $30,000 $7,000 $23,000
2017 $1,303 $55,200 $0 $0
2016 $1,776 $55,200 $0 $0
2015 $1,776 $55,200 $0 $0
2014 $1,776 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2121300

Bright MLS

APN: 7259-011