412 N WASHINGTON ST Under Contract Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21231
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,582 sqft
Price per Sqft $221
Subdivision Albemarle Square
MLS Listing ID MDBA2139148
Style Traditional
Bedrooms 3
Full Baths 3
HOA Fees $13/ann
Year Built 1984
Annual Tax Amount $5,211
Tax Year 2024
Lot Size 625 Sqft
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 C-2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Exterior
Garage Spaces 1.0
Parking On Site 1
Waterfront N
Water Access N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Special Listing Condition Standard