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1400 Madison Avenue

BALTIMORE, MD 21217
  • $775,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: MDBA2056838
UPDATED: 221 min ago
$775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Located on an oversized corner lot between Upton and Bolton Hill, this 4200+ SQFT occupied 7-unit apartment complex features 5 updated 1 BD / 1 BA units, 1 updated 2 BD / 1 BA unit, and 1 1 BD / 1 BA unit to be turned over (est 10k). Two of the 1 BD / 1 BA units have dedicated entrances with one ADA. Separately metered. Owner responsible for common area electric, water and trash. Professionally managed at 10% with ABLE Capital. Gross scheduled $87,000. Annual trash $4400. Annual insurance $4600. Water avg $250/mo. Garages month-to-month at $200, can be conveyed vacant. Seller prefers Terrain Title.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T23:50:26.143.
www.jtrhome.com/homes/132151643
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1400 Madison Avenue BALTIMORE, MD 21217

  • Price: $775,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 221 min ago
  • ID#: MDBA2056838
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Located on an oversized corner lot between Upton and Bolton Hill, this 4200+ SQFT occupied 7-unit apartment complex features 5 updated 1 BD / 1 BA units, 1 updated 2 BD / 1 BA unit, and 1 1 BD / 1 BA unit to be turned over (est 10k). Two of the 1 BD / 1 BA units have dedicated entrances with one ADA. Separately metered. Owner responsible for common area electric, water and trash. Professionally managed at 10% with ABLE Capital. Gross scheduled $87,000. Annual trash $4400. Annual insurance $4600. Water avg $250/mo. Garages month-to-month at $200, can be conveyed vacant. Seller prefers Terrain Title.
Exterior Features

Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Parking Types Private GarageOn Street Property Condition ExcellentVery GoodGood Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4200.00 Cooling OtherWindow Unit(S) Flooring OtherHeated Heating Radiator Heating YN Yes Net Square Feet 4200.00

Property Features

Acceptable Financing CashAssumptionConventionalPrivateNegotiableSeller Financing Accessibility Features Level Entry - MainNo Stairs Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 4600.00 Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 7 Operating Expense Includes InsuranceLandscapingManagement FeesRepair/MaintenanceTrashSnow RemovalWater Original MLSNumber 801810663406 Owner Pays Common Area MaintenanceManagementRepairsTaxes - Real EstateTaxes - Personal PropertyTrash CollectionWater Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1657.00 Tax Assessment Amount 70200.00 Tax Lot 001 Trash Expense 2400.00 Vacation Rental YN No Water Source Public Year Built Effective 2011 Zoning R-7

Listing courtesy of Re/Max Advantage Realty: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T23:50:26.143.
 
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