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2039 MADISON AVE Baltimore, MD 21217
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Key Details
Sold Price $459,000
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 $113
Subdivision Madison Park Historic District
MLS Listing ID MDBA2054188
Sold Date 09/01/22
Style Federal
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 has 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 up to $49,000 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 4-5 years old and all main utilities are less than 7 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!
OPEN HOUSE SATURDAY FROM 1-3PM- NO FURTHER PRIVATE TOURS- ALL OFFERS DUE MONDAY AT NOON EST.
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
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
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 Jeff Purnell II • Compass