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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $100
Subdivision Old Goucher
MLS Listing ID MDBA478570
Sold Date 02/07/20
Style Traditional
HOA Y/N N
Abv Grd Liv Area 3,480
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,126
Tax Year 2019
Lot Size 1,870 Sqft
Acres 0.04
Lot Dimensions 20 x 93.5
Property Description
Located in historic Old Goucher, this 4-unit Far Corner building contains a convenience store, a commercial kitchen, and two residential apartments.10,000 vehicles every day pass by this building at 22nd and North Charles St, most on their way home from work. The high traffic in this bustling business district ensures your commercial tenants will perform well and stay long-term. Residential tenants enjoy the privacy of a side-street entrance while staying close to the action. 2201 N Charles is an end unit with lots of natural light and excellent sign exposure to street traffic.Apartments are separately metered, allowing tenants to easily pay their own utilities. Both units are equipped with all-in-one washer/dryer units. Retail units share heating and cooling systems but have separate electric meters. Kitchen uses a 3-phase electric converter to power walk-in refrigerator. Kitchen includes three-compartment sink and 7 8 x 9 8 walk-in refrigerator.Commercial tenants require little to no management/maintenance, and both residential apartments are home to stable tenants. Enjoy instant cash flow and a quick return on investment. Add this income-producer to your portfolio or purchase it as your first investment!
Location
State MD
County Baltimore City
Zoning C-1
Rooms
Basement Partial, Unfinished
Interior
Hot Water Multi-tank, Tankless
Heating Forced Air
Cooling Central A/C
Flooring Hardwood, Laminated, Tile/Brick
Window Features Double Pane,Replacement,Vinyl Clad
Heat Source Natural Gas
Exterior
Water Access N
View Street
Roof Type Rubber,Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312083819 001
Ownership Fee Simple
SqFt Source Assessor
Security Features Window Grills
Special Listing Condition Standard
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Bought with Jennifer M McCluskey • RE/MAX First Choice