$640,000
1514 W Mount Royal Ave, Baltimore, MD 21217
Fantastic opportunity to purchase a fully occupied 4 Unit in Bolton Hill. Ideal location across the street from MICA, quick walk to Penn Station to grab the Hopkins Shuttle, MARC Train to DC or Amtrak to Philly and NYC. Excellent opportunity for a savvy buyer to live in one unit and rent the other three to offset your mortgage. This is not one of those crummy multifamilies that is tired and old. All the units have been renovated to modern standards with new kitchens and baths.
The first floor unit has two beds and one bath. The second floor unit has one bed and one bath. The top floor has a one bedroom and one bath on the front and a studio apartment in the rear. The basement is unfinished. New rear fully fenced back yard and parking for two cars. The owner pays for gas heat and hot water. The top floor units are all electric and pay for their own heat. AC is by way of window units. Stable tenants on year leases with mixed terms.
Bolton Hill offers a vibrant community atmosphere, rich in architectural beauty and city life. Notable nearby restaurants include CookHouse, Alma Cocina Latina, Foraged, and Le Comptoir du Vin. Enjoy coffee or lunch at On the Hill Cafe or Llama's Corner, or catch a show at the Meyerhoff Symphony, The Lyric, or The Charles Theater. Annual events such as the Festival on The Hill, Community Yard Sale, Concerts in the Parks, Easter Egg Hunt, and John St Park Pumpkin Carving add to the neighborhood's charm.
Midtown Special Benefits District Surcharge Tax $603.10 annually. Buyers to provide listing agent a pre-approval or proof of funds prior to being approved for all showings. 24 hour notice required. Restricted showing times.
Elementary School:MOUNT ROYAL ELEMENTARY-MIDDLE SCHOOL
School District: BALTIMORE CITY PUBLIC SCHOOLS
Interior
Total Bedrooms: 3
Flooring: Wood
Other Interior Features: Wood
Exterior & Building
Water Source: Public
Parking: Off Street
Heat Type: Forced Air, Natural Gas
Sewer: Public Sewer
Financial
Sales Price: $640,000
Real Estate Tax: $10,271/yr
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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.