Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
2,930
Opportunity abounds at this mixed use residential/commercial building on York Road. This three unit offers a street level commercial space with a long term tenant paying $1045 monthly. The upper two apartments historically have rented for $1200 each. Just recently vacated, these units offer the potential for owner occupancy with rental income to offset the mortgage, or rent all three for substantial cash flow @$3445 monthly/$41,340 annually. The unit mix is comprised of the retail space, a one bedroom unit and a two bedroom unit. Interior finishes reflect a 2022 renovation and include engineered flooring, stainless appliances, new cabinets, updated bathrooms, lighting, roof and all systems. A rear parking pad accommodates two cars. For an owner occupant THIS LOAN IS ASSUMABLE AT 2.75% thru M&T Bank. For investors, the neighboring mixed use building is also on the market and could create an economy of scale as you add 6 units to your portfolio.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2930.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Concrete, On Street, Driveway
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$299,000
-
Tax Amount
6532.0
-
Sq. Footage
2, 930
-
Price/SqFt
$102
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
004
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Laurie M Karll , LPT Realty, LLC
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AGENT
April West
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