1501 E Baltimore St,BALTIMORE, MD 21231
BALTIMORE, MD 21231
Description
Federal-Style Property with Income Potential in Baltimore City!Welcome to 1501 E Baltimore Street, currently configured and operated as two separate living units with private entrances-offering flexibility for an investor, owner-occupant, or multi-generational household. Unit 1, located on the upper level, features five rooms and two full bathrooms and is currently rented by the room. Three rooms are tenant-occupied, while two rooms are currently available following recent tenant departures. Unit 2, (occupied) located on the lower level, offers two bedrooms and one full bathroom. Each unit includes a private kitchen and its own in-unit washer and dryer, providing convenience and privacy for occupants. The property is currently occupied and generating approximately $3,600 per month in collected rental income, presenting an attractive opportunity for buyers seeking an income-producing property in Baltimore City. More than $30,000 in upgrades have been completed since October 2023, including new flooring, a new kitchen, a new microwave, and a renovated full bathroom in Unit 1; an updated hallway bathroom and a new dishwasher in Unit 2; and a new washing machine. Property is being sold in its current condition and configuration. Buyer to independently verify zoning, bedroom and room counts, square footage, rental income, occupancy, and all applicable rental and licensing requirements with the appropriate Baltimore City agencies.
Details
| MLS # | MDBA2231368 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 13 |
| Listing Provided By | JPAR Real Estate Professionals | Marizel C Brewington |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,424 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C |
| Acreage | 0.03 |
Interior
| Rooms Total | 7 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | Central |
| Furnished | Yes |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Permanent |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 11949 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21231 |
| Area | BALTIMORE CITY MD |
| Community Name | WASHINGTON HILL |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in WASHINGTON HILL) | |
Price: $565,900 low | high Med: $415,900 sqft: 2,424 low | high Med: 2,100 $ / sqft: $233 low | high Med: $198 On site: 13 low | high Med: 185 | |
Market Activity 21231
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21231 |
| Area | BALTIMORE CITY MD |
| Community Name | WASHINGTON HILL |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in WASHINGTON HILL) | |
Price: $565,900 low | high Med: $415,900 sqft: 2,424 low | high Med: 2,100 $ / sqft: $233 low | high Med: $198 On site: 13 low | high Med: 185 | |
