NOT LISTED FOR SALE

Estimated Value: $129,000 - $135,000

-- Bed
-- Bath
-- Sq Ft
1920 Built

Last Sold July 31, 2024

Last sale price $130,000

Est. 2% increase in value since last sale

Current estimated payment $777/month

7 Days on Market

About This Home

As of July 2024

INVESTOR ALERT!!! INVESTOR ALERT!!!

Ready to Add this Investment Opportunity to your portfolio.
OR
For a savvy investor Occupy 1 unit and rent the rest. Good cash flow potential up to $24,600 in yearly income for the perfect buyer.

This spacious, TRIPLEX property is located in the Harlem Park neighborhood. Each unit is on its own floor and is separately metered. The first floor unit includes two bedrooms, a full bath, kitchen. The second floor unit includes two bedrooms, one full bath, kitchen. The third floor unit includes one bedrooms, a full bath, and kitchen. With New flooring throughout. This property is JUST MINUTES to the Upton Metro Station & Grace Medical Center in Close proximity to the West Baltimore Marc Train station and everything Downtown Baltimore has to offer.

It has Easy access to major traffic artery MD Route 1 (N Monroe St). Each unit has its own individual breaker & HVAC (3 furnaces, 3 water heaters, and 3 gas/electric meters). Property currently has a Rental License for 3 Units & Each unit is occupied with current tenants. Perfect OPPORTUNITY for a first time investor. FYI:: Lease expires on one unit July 2024, and another unit is currently month to month.
Please do not disturb the tenants

**** CAP RATE 16.9% ****
* Rental License good through - April 2026.
* Lead Inspection good through - August 2025.

Please do not disturb the tenant
Property Inspections are for informational purposes only.

Buyer must verify ground rent
For Showings please contact the listing agent Tiffany along with pre-approval

Last Agent to Sell the Property

TIFFANY FENNOY

(443) 650-8433 homeswithtiff@gmail.com ExecuHome Realty License #0225260866 Listed on: 05/30/2024

ExecuHome Realty

Last Buyer's Agent

kevin thompson

(443) 314-5701 kevin.thompson@cbrealty.com Samson Properties License #676659

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Triplex

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry

Additional Features

  • Ground Rent of $60 per year
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 0316080096 006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$448

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT!!! INVESTOR ALERT!!! Ready to Add this Investment Opportunity to your portfolio. OR For a savvy investor Occupy 1 unit and rent the rest. Good cash flow potential up to $24,600 in yearly income for the perfect buyer. This spacious, TRIPLEX property is located in the Harlem Park neighborhood. Each unit is on its own floor and is separately metered. The first floor unit includes two bedrooms, a full bath, kitchen. The second floor unit includes two bedrooms, one full bath, kitchen. The third floor unit includes one bedrooms, a full bath, and kitchen. With New flooring throughout. This property is JUST MINUTES to the Upton Metro Station & Grace Medical Center in Close proximity to the West Baltimore Marc Train station and everything Downtown Baltimore has to offer. It has Easy access to major traffic artery MD Route 1 (N Monroe St). Each unit has its own individual breaker & HVAC (3 furnaces, 3 water heaters, and 3 gas/electric meters). Property currently has a Rental License for 3 Units & Each unit is occupied with current tenants. Perfect OPPORTUNITY for a first time investor. FYI:: Lease expires on one unit July 2024, and another unit is currently month to month. Please do not disturb the tenants **** CAP RATE 16.9% **** * Rental License good through - April 2026. * Lead Inspection good through - August 2025. Please do not disturb the tenant Property Inspections are for informational purposes only. Buyer must verify ground rent For Showings please contact the listing agent Tiffany along with pre-approval
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished, Rear Entrance
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 710

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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 Size Units: Square Feet
  • Year Assessed: 2024
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 60.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 448.00
  • Assessor Parcel Number: 0316080096 006
  • Tax Lot: 006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/31/2024

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

Listed on
May 30, 2024
Closed on
Jul 29, 2024
Sold by
Walker Salone and Chancy Norman
Bought by
Limitless Horizons Professionals Llc
Seller's Agent
TIFFANY FENNOY
ExecuHome Realty
Buyer's Agent
kevin thompson
Samson Properties
List Price
$130,000
Sold Price
$130,000
Views
34
Current Estimated Value
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000
Avg. Annual Appreciation
1.35%
Original Mortgage
$234,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2021
Sold by
Jones Michael
Bought by
Walker Salone and Chancy Norman

Purchase Details

Listed on
Mar 12, 2013
Closed on
Aug 1, 2013
Sold by
Black Creek Consulting Ltd
Bought by
Jones Michael
Seller's Agent
Sheri Hipsley
Cummings & Co. Realtors
Buyer's Agent
Sheri Hipsley
Cummings & Co. Realtors
List Price
$32,550
Sold Price
$32,564
Premium/Discount to List
$14
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Feb 5, 2008
Sold by
Mcferron Brok
Bought by
American Equity Rentals Four Llc

Purchase Details

Closed on
Jan 15, 2008
Sold by
Sullivan Samuel K
Bought by
Mcferron Brok

Purchase Details

Closed on
Sep 25, 2003
Sold by
Meritage Mortgage Corporation
Bought by
Sullivan Samuel K

Purchase Details

Closed on
Jun 26, 2003
Sold by
Forde William
Bought by
Meritage Mortgage Corporation

Purchase Details

Closed on
Apr 17, 2001
Sold by
Rosenbaum Sylvan
Bought by
Forde William

Purchase Details

Closed on
Jun 22, 1998
Sold by
Ac & N Investors Group
Bought by
Rosenbaum Sylvan and Rosenbaum Geraldine S
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Limitless Horizons Professionals Llc $130,000 Certified Title
Limitless Horizons Professionals Llc $130,000 Certified Title
Walker Salone $72,000 Clear Title Group
Jones Michael $32,564 None Available
American Equity Rentals Four Llc $93,000 --
Mcferron Brok $63,500 --
Sullivan Samuel K $18,000 --
Meritage Mortgage Corporation $76,653 --
Forde William $64,000 --
Rosenbaum Sylvan $13,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limitless Horizons Professionals Llc $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $130,000 0.0% --
05/30/2024 05/30/24 For Sale $130,000 +299.2% --
08/05/2013 08/05/13 Sold $32,564 0.0% --
05/31/2013 05/31/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $32,550 -- --
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 $965 $63,133 -- --
2024 $965 $41,067 $0 $0
2023 $448 $19,000 $4,000 $15,000
2022 $433 $18,333 $0 $0
2021 $417 $17,667 $0 $0
2020 $401 $17,000 $4,000 $13,000
2019 $377 $16,033 $0 $0
2018 $356 $15,067 $0 $0
2017 $333 $14,100 $0 $0
2016 $334 $12,800 $0 $0
2015 $334 $11,500 $0 $0
2014 $334 $10,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2126760

Bright MLS

APN: 0096-006