412 N WASHINGTON ST Active

Baltimore,MD 21231

$ 350000

3 Beds

3 Baths

1582 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,582 sqft

Price per Sqft $221

Subdivision Albemarle Square

MLS Listing ID MDBA2139148

Style Traditional

Bedrooms 3

Full Baths 3

Year Built 1984

Annual Tax Amount $5,211

Tax Year 2024

Lot Size 625 Sqft

Property Description

CASH FLOW MACHINE! Phenomenal location literally next to Johns Hopkins medical campus. Remodeled into 3 private living spaces that are perfect for owner-occupant or investor. Easy to rent with strong rental demand from Hopkins med/grad students, researchers and nurses. Gross rents exceed $44k annually and net over $35k after expenses. Opportunity for rent increases given location and demand. Live in the property and have the tenants pay for the house. One off-street parking space reserved for property in the community parking lot. Seller has invested over $100k in permitted improvements since purchasing the home. Current zoning is C-2. Buyer to do due diligence about zoning codes.

Potential grants up to $70k for 1st time home buyers. Call Song Hong, for more information.

Location

State MD

County Baltimore City

Zoning C-2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Exterior

Garage Spaces 1.0

Parking On Site 1

Waterfront N

Water Access N

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Special Listing Condition Standard

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