$349,000
$349,000
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2,250 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $349,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $155
MLS Listing ID MDBA2099776
Sold Date 11/28/23
Style Converted Dwelling
Abv Grd Liv Area 1,800
Originating Board BRIGHT
Year Built 1937
Annual Tax Amount $4,390
Tax Year 2023
Lot Size 8,646 Sqft
Acres 0.2
Property Description
2802 Berwick Avenue is a detached apartment building in North East Baltimore City, located just north of Hamilton and south of Parkville. Situated on a quiet one-way, tree-lined street, tenants enjoy peaceful living while still just minutes from the bustling activity along the north east corridor of Belair and Harford Roads. Well-kept and easy to maintain, this investment property offers cash flow as-is. Kitchens feature 30″ gas ranges, wood cabinets and laminate countertops. Bathrooms have steel tubs with vinyl enclosures and modern vanities. Living areas are carpeted, with vinyl tile floors in kitchens and vinyl plank flooring in baths. The first floor apartment connects to the basement, which is a legal, third bedroom or an additional living space. First floor tenants enjoy bonus storage space in the unfinished basement. A full bath has been roughed-in in the basement and could be completed to increase rent. Amenities for both tenants include in-unit washers and dryers, as well as a manicured back yard with pergola and firepit. Fully self-contained, each apartment has its own electric and gas meter, as well as individual gas fired 40-gallon water heaters. The owner currently pays for water; a savvy investor would pass this through to the tenants and increase cash flow. Tenants appreciate double-pane vinyl windows to help keep utility costs down. 1st Floor rented for $1,850 through 8/2024; 2nd floor rented for $1450 through 7/2024.
Apartment One has a gas-fired forced air furnace with central air. Apartment Two has an electric heat pump and central air. Observable water supply pipes are a mix of copper and c-pvc; the building has been upgraded to a copper water main. Observable drain lines are pvc. New roof: 2021. Apartment 1 has new HVAC: 2020. Local neighborhood associations, such as Arcadia, Lauraville, Hamilton Hills and North Harford Road Community are working consistently and collaboratively to continue improving the north east corridor of Baltimore City. The local K-8 school that serves 2802 Berwick exceeds federal and state expectations for yearly progress with more than 75 percent of students earning proficient or advanced on both the reading and math sections of the MD State Assessment. Hamilton Elementary/Middle is known for the top ranking student bands in the City. Two major grocers are located within 1.5 miles. Local dining and shopping options abound and the property is moments to I-695.
Location
State MD
County Baltimore City
Zoning R-3
Interior
Hot Water Natural Gas
Heating Forced Air, Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type Off Street, On Street
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327355482A013
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Maud Shields • Smart Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "