Baltimore, MD 21218,2213 N CHARLES ST
Baltimore, MD 21218,2213 N CHARLES ST
Baltimore, MD 21218,2213 N CHARLES ST
Baltimore, MD 21218,2213 N CHARLES ST
Baltimore, MD 21218,2213 N CHARLES ST
Baltimore, MD 21218,2213 N CHARLES ST
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$298,500

$310,000

3.7%
Est.Price: ?

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Est. payment /mo

2,809 SqFt


SOLD DATE : 12/10/2020

Key Details

Sold Price $298,500

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,809 sqft

Price per Sqft $106

Subdivision Old Goucher

MLS Listing ID MDBA501914

Sold Date 12/10/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $4,708

Tax Year 2019

Lot Size 1,496 Sqft

Acres 0.03

Lot Dimensions 16' x 96'6\"

Property Description

Did you know that Old Goucher was named Baltimores Latest Up-and-Coming Neighborhood by the Baltimore Business Journal? Old Goucher saw an 81.6% population growth from 2000-2010, due to the addition of many small businesses and increased interest in the restaurants, bars, and artistic spaces the area offers. Nestled between the expanding neighborhoods of Charles Village, Remington, and Station North, Old Goucher is sure to be the next to take off! The store and the two of the three apartments are currently leased. Vacant apartment just needs your finishing touches to rent out! Each unit has its own electric meter; the apartments run on individual electric heat pumps and hot water heaters, while the store uses a Blueridge ductless mini-split. All visible plumbing is copper & C-PVC. 2nd floor has a washer/dryer; you can easily add laundry to other units as ductwork and plumbing are already roughed in. Located along the busy commercial district in Old Goucher, there is high demand for small retail space and affordable apartments. Tenants here can walk to accomplish most day-to-day errands; 2213 Charles has a WalkScore of 95, a TransitScore of 70, and a BikeScore of 90. Call today to schedule a tour! Investment Summary: $310,000 $77,500 Per Unit $147 Per Sq. Ft. 10.3 Times Actual Rent (GRM) 7.2 Times Market Rent (GRM) 9.20% Cap Rate 15.2% Projected Cash-on-Cash Return

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Multi-tank, Electric

Heating Central, Heat Pump(s)

Cooling None

Flooring Carpet, Vinyl, Other

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Roof Type Other

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312083819 007

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Thomas Fair • Ben Frederick Realty, Inc.
Bought with Stephen F. Meszaros • Berkshire Hathaway HomeServices Homesale Realty
Nina Bavosa

Agent | License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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