NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
3,080 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $758,625

29 Days on Market

Highlights

  • Traditional Architecture
  • Wall Furnace
  • 3-minute walk to Mount Vernon Children's Park
  • No HOA

About This Home

As of June 2021

Guided Tour starting promptly at 12:00pm on Wednesday March 31st. Beautifully Renovated (2017) and Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City **Current Gross Annual Scheduled Rent Of $85,380** . List price to be opening bid. Online Auction Only! Bidding begins Thursday, April 1st & ends Tuesday, April 6th, 2021 @ 1:00pm. Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City. The property is limited lead free. The building and units were renovated in 2017 with new kitchens, appliances, stacked washer/dryers in 4 units, new bathrooms, individual hot water heaters, dual heating and air conditioning wall mounted units, intercom system, all new electrical and plumbing, floor refinishing, new tile work, and replacement windows. There is also a commercial coin operated washer and dryer in the basement. The units have separate gas and electric meters. Note: Units 1F & 1R share hot water and split the gas bill. Unit 1F's electric bill is a portion of the public service electric meter. Unit 1F: Studio apartment rented for $820/month. (Tenant move in date: 1/2018). Unit 1R: 2 bedroom, 2 bath apartment rented for $1,430/month. (Tenant move in date:6/2020). Unit 2F: 1 bedroom, 1 bath apartment rented for $1,300/month.(Tenant move in date: 6/2019). Unit 2R: 1 bedroom, 1 bath apartment rented for $1,270/month.(Tenant move in date: 9/2019). Unit 3F: 1 bedroom, 1 bath apartment rented for $1,400/month.(Tenant move in date: 8/2020). nit 3R: Studio apartment rented for $895/month. (Tenant move in date: 11/2020). All tenants have annual leases. Current Monthly Rent $7,115. Potential Annual Rent $85,380

Last Agent to Sell the Property

Paul Cooper

Alex Cooper Auctioneers, Inc. Listed on: 03/08/2021

Last Buyer's Agent

Paul Cooper

Alex Cooper Auctioneers, Inc. Listed on: 03/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,551

Lot Details

  • 3,080 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 0311120514 026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,551

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: Guided Tour starting promptly at 12:00pm on Wednesday March 31st. Beautifully Renovated (2017) and Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City **Current Gross Annual Scheduled Rent Of $85,380** . List price to be opening bid. Online Auction Only! Bidding begins Thursday, April 1st & ends Tuesday, April 6th, 2021 @ 1:00pm. Fully Leased 6 Unit Building in the "Mount Vernon" Neighborhood of Baltimore City. The property is limited lead free. The building and units were renovated in 2017 with new kitchens, appliances, stacked washer/dryers in 4 units, new bathrooms, individual hot water heaters, dual heating and air conditioning wall mounted units, intercom system, all new electrical and plumbing, floor refinishing, new tile work, and replacement windows. There is also a commercial coin operated washer and dryer in the basement. The units have separate gas and electric meters. Note: Units 1F & 1R share hot water and split the gas bill. Unit 1F's electric bill is a portion of the public service electric meter. Unit 1F: Studio apartment rented for $820/month. (Tenant move in date: 1/2018). Unit 1R: 2 bedroom, 2 bath apartment rented for $1,430/month. (Tenant move in date:6/2020). Unit 2F: 1 bedroom, 1 bath apartment rented for $1,300/month.(Tenant move in date: 6/2019). Unit 2R: 1 bedroom, 1 bath apartment rented for $1,270/month.(Tenant move in date: 9/2019). Unit 3F: 1 bedroom, 1 bath apartment rented for $1,400/month.(Tenant move in date: 8/2020). nit 3R: Studio apartment rented for $895/month. (Tenant move in date: 11/2020). All tenants have annual leases. Current Monthly Rent $7,115. Potential Annual Rent $85,380
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 941

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 236700.00
  • Land Assessed Value: 184800.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3080.00
  • Year Assessed: 2021
  • Zoning: OR-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12949529
  • Tax Annual Amount: 8551.00
  • Assessor Parcel Number: 0311120514 026
  • Tax Lot: 026
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/16/2021

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $758,625 +1.2% --
04/07/2021 04/07/21 Price Changed $750,000 +87.5% --
04/06/2021 04/06/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $400,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA542150

Bright MLS

APN: 11-12-0514 -026