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405 CHESTER ST Baltimore, MD 21231
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Key Details
Sold Price $165,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $152
Subdivision Middle East
MLS Listing ID MDBA2082768
Sold Date 05/26/23
Style Other
Bedrooms 4
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,080
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $3,587
Tax Year 2022
Lot Size 1,080 Sqft
Acres 0.02
Property Description
Welcome to this fantastic investment opportunity located at 405 N Chester Street, Baltimore MD! This spacious rowhome features one bedroom, a living room, dining room, and kitchen on the main floor, with three additional bedrooms located upstairs. The second floor of the house offers a view of John Hopkins University.
The dry basement provides additional storage space, making this property an excellent investment opportunity. With consistently paying tenants already in place, this property generates a current annual rent income of $19,800, making it a reliable source of passive income. The main level of the home offers plenty of space for tenants to relax and entertain, with a cozy living room, dining room, and kitchen providing all the necessary amenities. The dry basement provides additional storage space and could be converted into a home office, gym, or entertainment room, adding even more value to this investment property.
Located in a highly desirable and very fast developing neighborhood of Baltimore, this property is close to local parks, cafes, and shops, with easy access to transportation. John Hopkins University is one minute walk. Whether you're looking for a reliable income stream or a long-term investment opportunity, this property is an excellent option.
This property is available for purchase either as a standalone investment or as part of a portfolio of three properties generating a total annual rent income of $60,600.
All of the properties are located within a 3-minute radius of each other.
Addresses for two other properties:
719 N Kenwood Ave, Baltimore MD, 21205.
803 N Montford Ave, Baltimore MD, 21205.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Other
Main Level Bedrooms 4
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Foundation Other
Sewer Other
Water Other
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0306041669 003
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Mitchell J Toland Jr. • Redfin Corp