$555,000
1500 W Mount Royal Ave, Baltimore, MD 21217
BEST & FINAL OFFERS DUE BY 5PM ON 12/26. Welcome to 1500 Mt Royal Ave, a distinguished end-of-group three-unit apartment building situated in the picturesque neighborhood of Bolton Hill. This property offers an outstanding opportunity for investors or owner-occupants seeking a prime real estate investment in a desirable location. The property DOES NOT come with parking or the privately owned carriage house at the rear.
Each unit within the building features 2-3 bedrooms, modern kitchens, and baths, providing comfortable and contemporary living spaces. Formerly utilized as dorm housing for MICA students, this property offers versatile potential for various residential uses. There are no rent rolls, P&L etc. This was a dorm for MICA. The units are separately metered for gas and electric and there is a public meter for common area electric.
Nestled in Bolton Hill, residents will appreciate the easy access to a variety of amenities, including cafes, restaurants, and parks. The proximity to Penn Station provides convenient transportation options, including the MARC Train to DC, Amtrak to Philly or NYC, and the Light Rail to BWI, enhancing the connectivity of the neighborhood.
This desirable neighborhood offers a perfect blend of urban convenience and community charm, creating an appealing living environment for all. Whether you're considering it as an investment opportunity or a new place to call home, 1500 Mt Royal Ave presents endless possibilities for investors and potential owner-occupants looking to offset their monthly expenses.
Please note that the carriage house and parking space behind the property are not included in the sale. Additionally, the property is located in a CHAP Historic District and is subject to the Midtown Special Benefits District Surcharge Tax. Buyer to verify zoning with Baltimore City. There is no past rent roll for this property. It was a dormitory for MICA students. Three apartments. Property is delivered vacant, with no tenants.
Don't miss the chance to explore the potential of this exceptional property in Bolton Hill. Schedule a showing today and discover the allure of 1500 Mt Royal Ave.
Architecture Styles: Victorian, Transitional, Traditional
Elementary School:MOUNT ROYAL
Middle School: MOUNT ROYAL
School District: BALTIMORE CITY PUBLIC SCHOOLS
Interior
Total Bedrooms: 3
Exterior & Building
Water Source: Public
Parking: On Street
Heat Type: Natural Gas
Air Conditioning: Central Air
Sewer: Public Sewer
Financial
Sales Price: $555,000
Real Estate Tax: $8,961/yr
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1500 Mount Royal AVENUE
Work With Jessica
Jessica strives to provide the best representation for all of her buyer and seller clients. Jessica appreciates her clients and continuously earns their trust through her driven, diligent work on their behalf, as well as her careful handling of their transactions.