$180,000
$180,000
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2,178 Sqft Lot
SOLD DATE : 07/09/2024
Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Central Park Heights
MLS Listing ID MDBA2124154
Sold Date 07/09/24
Style Dwelling with Rental
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $771
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Living in one unit and renting out the other can be a smart financial move, especially in areas like Central Park Heights that are experiencing growth. It allows you to offset your mortgage or other housing expenses with rental income, potentially making homeownership more affordable. Of course, being a landlord comes with responsibilities, such as maintaining the property, finding tenants, and handling any issues that may arise. But if you're willing to take on those responsibilities, renting out one unit while living in the other can be a great way to build wealth and make the most of your investment in Central Park Heights. Unit 1 has 1 BR & 1 BA and is currently occupied renting at $900/month. Unit 2 has 3BR & 1 BA and is currently unoccupied and will command minimally $1,200/month totaling a minimum of $2,100/month if both units are rented. Current tenant conveys through October 2024.
Location
State MD
County Baltimore City
Zoning R-6
Interior
Interior Features Carpet
Hot Water Natural Gas
Heating Radiator
Cooling None
Equipment Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Oven/Range - Gas, Refrigerator
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327194616 081
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Darian D. Yates • DDYates Investments
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "