CHARIS REALTY GROUP

Traditional

2420 GREENMOUNT AVENUE

BALTIMORE , MD 21218

MLS#: MDBA2197276

$265,000

Status: Active
Listing number: MDBA2197276
Listing provided by: Pickwick Realty
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $265,000

  • Tax Amount

    1416.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    027

  • Water Source

    Public

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Location

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BALTIMORE CITY

Elementary School

Middle School

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Listing Courtesy of Gavriel Khoshkheraman , Pickwick Realty

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Agent Allie Vasquez

AGENT

Allie Vasquez

Call Allie today to schedule a private showing.

(240) 529-5021

allie@charisrealty.com


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Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.

2420 GREENMOUNT AVENUE

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