NOT LISTED FOR SALE

Estimated Value: $272,547 - $280,000

-- Bed
2 Baths
1,564 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $265,000 $169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,732/month

3 Days on Market

Highlights

  • Second Kitchen
  • Stainless Steel Appliances
  • Radiator
  • Traditional Architecture
  • Central Air

About This Home

As of February 2024

Great Investment opportunity, this could be a great addition to your rental portfolio. This building is currently bringing $3,625 monthly rental income. Located right on Reisterstown Rd, by the Plaza, lots of shopping, restaurants, schools, public transportation, and most important, great tenants who love to be here and who take good care of the recently renovated building . This building was renovated this year and features newer stainless steel appliances, fresh paint, new flooring, electric, plumbing and HVAC system. You can have the peace of mind that everything is taken care of and you are investing in a turn key business with amazing cash flow.

Last Agent to Sell the Property

Jose Rivas

(410) 220-0345 jose@lionhomegroup.com Keller Williams Gateway LLC License #17572 Listed on: 12/19/2023

Keller Williams Gateway LLC

Last Buyer's Agent

mike jarman

(443) 286-7456 michaeljarman@northroprealty.com Cummings & Co. Realtors License #5008810

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1948

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Kitchen

  • Second Kitchen
  • Stainless Steel Appliances

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0327234218D001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,328

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-12-19
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Interior Amenities: 2nd Kitchen
  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2346
  • Living Area Sq Ft: 1564
  • Price Per Sq Ft: 178.71
  • Above Grade Finished Sq Ft: 1564
  • Below Grade Sq Ft: 782
  • Total Below Grade Sq Ft: 782
  • Above Grade Finished Area Units: Square Feet

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
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.20
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 43500.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3328.00
  • Assessor Parcel Number: 0327234218D001
  • Tax Lot: 001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Sylvester Virginia
Bought by
6901 Falls Llc
Current Estimated Value
$276,274

Purchase Details

Closed on
Sep 11, 2002
Sold by
Potts Frieda
Bought by
Sylvester Carl and Sylvester Virginia
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
6901 Falls Llc $500 I App Lea E Water Meter
Sylvester Carl $68,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $265,000 -5.2% $169 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/19/2023 12/19/23 For Sale $279,500 -- $179 / 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 $3,392 $177,333 -- --
2024 $3,392 $144,400 $30,000 $114,400
2023 $3,312 $141,000 $0 $0
2022 $3,247 $137,600 $0 $0
2021 $3,167 $134,200 $30,000 $104,200
2020 $3,167 $134,200 $30,000 $104,200
2019 $3,152 $134,200 $30,000 $104,200
2018 $3,781 $160,200 $30,000 $130,200
2017 $3,587 $152,000 $0 $0
2016 $3,122 $143,800 $0 $0
2015 $3,122 $135,600 $0 $0
2014 $3,122 $134,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2108732

Bright MLS

APN: 4218D-001