Federal
1427 W BALTIMORE STREET
BALTIMORE, MD 21223
MLS#: MDBA2210070
$299,900
Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
3,690
Discover a prime investment opportunity in the heart of UNION SQUARE! This 3 unit contains a first floor/street level commercial space with two apartments above on the 2nd and 3rd floors. property is excellent for an owner occupant who wants to operate their business from the first floor storefront and live in one apartment upstairs and still obtain rental income from the 2nd apartment on the 3rd floor. The 2nd floor apartment has the potential to be 2 bedrooms. For the investor the property offers great cash flow as it currently sits. Improve the property and see even greater returns with a potential rental income of $4500 or more per month! Although in need of some TLC, this property is ripe for value-add renovations, allowing savvy investors to enhance its potential and maximize returns. Strategically located on a busy commercial block, and adjacent to both Union Square and Franklin Square residential areas. This property is within walking distance to multiple transportation options, including bus stops and Light rail stations, making it highly attractive for renters seeking convenience. The detached garage offers additional storage and parking, a coveted feature in urban living. With small rear outdoor space, this property is easy to maintain while providing ample rental income potential. The surrounding area is vibrant and growing, promising a steady demand for rental units. Don't miss your chance to invest in a property that combines location, character, and opportunity for significant returns!
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Above Grade Finished Area
3690.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ductless, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick Veneer, Brick
-
Parking
Garage, Detached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2178.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Federal
Price
-
Sales Price
$299,900
-
Tax Amount
$949
-
Sq. Footage
3, 690
-
Price/SqFt
$81
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of James E DiGirolamo , Berkshire Hathaway HomeServices Homesale Realty
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AGENT
Jessie Doyle
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