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2039 MADISON AVE Baltimore, MD 21217
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Key Details
Sold Price $352,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $86
Subdivision Madison Park Historic District
MLS Listing ID MDBA483828
Sold Date 11/12/19
Style Federal
HOA Y/N N
Abv Grd Liv Area 4,050
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,360
Tax Year 2019
Lot Size 1 Sqft
Property Description
Turnkey three unit located in up-and-coming Madison Park! Property is lead free and includes three self-contained 2bd/1ba units with large, bright bedrooms. Each is fitted with central air, washer/dryer and dishwashers, making these units incredibly easy to rent! Separate meters in basement make this a legal multiunit. When fully-rented, property generates $36,000 in gross income. Long-term tenant on third floor just signed a yearlong lease and wishes to stay. Tenants pay all utilities except for water. Roof is two years old and all main utilities are less than five years old. This is an incredibly easy property to add to your portfolio and should make for a great investment as the MICA developments break ground just two blocks away!
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Other
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Equipment Built-In Microwave, Dishwasher, Dryer, Refrigerator, Washer, Water Heater, Oven/Range - Electric
Fireplace N
Appliance Built-In Microwave, Dishwasher, Dryer, Refrigerator, Washer, Water Heater, Oven/Range - Electric
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0314040317 020
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Brian P DiNardo • Berkshire Hathaway HomeServices PenFed Realty
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