$90,000
$99,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
858 SqFt
SOLD DATE : 07/31/2024
Key Details
Sold Price $90,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 858 sqft
Price per Sqft $104
Subdivision Ellwood Park
MLS Listing ID MDBA2127212
Sold Date 07/31/24
Style Converted Dwelling
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 858
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,103
Tax Year 2024
Lot Size 715 Sqft
Acres 0.02
Property Description
Great Investment Opportunity! Major Employer Johns Hopkins Hospital Has 2 campuses in the immediate area adds to rental demand. Steady Cash Flow, Leased Through Spring 2025, at $1,025/month. Entry level pricing for new investors. Rowhome with a formal living room, dining room, and kitchen on the first floor, with two bedrooms and a full bath upstairs. Downstairs, unfinished basements offer tenants lots of room for storage. The kitchen has wood cabinets, laminate counters, and a 30" gas range. Vinyl replacement windows throughout and certified lead-free, saving money and lead testing time at turnovers. 2931 has a 2017 Rudd gas-fired furnace with central air conditioning. A 40-gallon Rheem (2017) gas-fired water heater serves the building. Interior water supply lines are either steel, copper, or C-PVC; interior drain lines are PVC. Rear yards have concrete pads so tenants can enjoy private outdoor space. Tenants pay all utilities, increasing monthly cash flow. Tenants can easily walk to Patterson Park, one of the city’s most cherished parks, in less than ten minutes. With the growing demand for access to outdoor spaces since the onset of Covid-19, these homes offer ample opportunities for residents to enjoy the outdoors. Just one mile west is The Johns Hopkins Hospital, one of the City’s top employers. The Johns Hopkins Bayview Medical Campus is two miles east. Homes in the immediate area are seeing ARV sales prices in the $250k-$275k range, which can be attractive for someone who wants to earn some cash flow before beginning their next flip. The 2900 block of Pulaski Highway has a WalkScore of 93, earning the title “Walker’s Paradise.”
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
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 0306171713 156
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Brittney Bushee • Corner House Realty