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William Kauffman

Cummings and Company Realtors

bill@stoopfinder.com +1(443) 722-4577

$249,900

Est. payment - /mo

3 Beds

3 Baths

400 Sqft Lot

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UPDATED:

12/13/2024 07:57 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Hopkins

MLS Listing ID MDBA2149204

Style Colonial

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N N

Originating Board BRIGHT

Year Built 1800

Annual Tax Amount $441

Tax Year 2024

Lot Size 400 Sqft

Acres 0.01

Property Description

Attention Investors and Business Owners. John’s Hopkins adjacent C1 3 Unit Property. Boasts a beautifully renovated 2BD Residential unit rented for $1,450/m, a retail apparel tenant paying $450/m and a vacant lower level commercial space with potential rent of $850/m. Business owners could work rent free as $1,900/m income exceeds an estimated $1,700/m mortgage payment. Investors who wish lease out the lower commercial space could generate a 15% cash on cash return. Great uses for lower level tenant is coffee shop, salon, cell phone, office etc. Property is located in the busy Monument Street business corridor and is half a block from the John Hopkins Medical Campus. Property has great foot traffic from Hopkins Employes as well as the local community. Lease with the Option to Purchase is also available. Rare to find this renovated cash flowing asset in an excellent location with continued upside. Don’t miss out. Call to get more info today!

Location

State MD

County Baltimore City

Zoning C-1

Rooms

Basement Walkout Stairs

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Carpet, Vinyl

Fireplace N

Heat Source Electric

Laundry Upper Floor

Exterior

Water Access N

Roof Type Rubber,Flat

Accessibility None

Garage N

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Brick

New Construction N

Schools

School District Baltimore City Public Schools

Others

Senior Community No

Tax ID 0307141637 020

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Bank Portfolio

Listing Terms Conventional, Bank Portfolio

Financing Conventional,Bank Portfolio

Special Listing Condition Standard

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Listed by Dimitrios Lynch • ExecuHome Realty

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