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3200 ELGIN AVE Baltimore, MD 21216
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Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $135
Subdivision Walbrook
MLS Listing ID MDBA2111624
Sold Date 05/30/24
Style Victorian
Abv Grd Liv Area 2,430
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $3,884
Tax Year 2018
Lot Size 8,640 Sqft
Acres 0.2
Property Description
Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024.
Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone R5-Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.
Location
State MD
County Baltimore City
Zoning R-5
Rooms
Basement Full, Interior Access, Outside Entrance, Rear Entrance, Side Entrance, Windows, Fully Finished, Heated, Improved
Interior
Interior Features 2nd Kitchen, Ceiling Fan(s), Dining Area, Floor Plan - Traditional
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Hardwood, Luxury Vinyl Plank
Fireplaces Number 1
Equipment Oven/Range - Gas, Refrigerator, Built-In Microwave, Washer, Dryer
Fireplace Y
Window Features ENERGY STAR Qualified,Energy Efficient
Appliance Oven/Range - Gas, Refrigerator, Built-In Microwave, Washer, Dryer
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Parking Features Other
Garage Spaces 2.0
Water Access N
View City
Roof Type Built-Up
Accessibility None
Porch Porch(es)
Total Parking Spaces 2
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,High
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315293039 009
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector,Window Grills
Special Listing Condition Standard
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Bought with Aderyn Bright • CENTURY 21 New Millennium