412 WASHINGTON ST N Under Contract Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21231
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $227
MLS Listing ID MDBA2140516
Style Traditional
Abv Grd Liv Area 1,360
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $6,067
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.11
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 R-8
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0302081773 023
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard