3200 ELGIN AVE
BALTIMORE, MD 21216

$599,900

N/A Beds

0 Baths

3,680 Sq Ft

Status Active Under Contract

MLS# MDBA2111624

Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone R5-Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.

Details for 3200 ELGIN AVE

Built in 1920

$163 / Sq Ft

2 parking spaces

Ceiling Fan(s)

Forced Air

14 Days on website

0.2 acres lot

Interior

Appliances

Oven/Range - Gas, Refrigerator, Built-in Microwave, Washer, Dryer

Flooring

Hardwood, Luxury Vinyl Plank

Interior Features

2nd Kitchen, Ceiling Fan(s), Dining Area, Floor Plan - Traditional

Living Area

3,680 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1920

Exterior And Lot

Exterior Features

Exterior Lighting, Sidewalks

Garage Spaces

Lot Size Acres

0.2

Lot Size Square Feet

8640

Lot Size Units

Square Feet

Parking Features

Public

Parking Total

Pool

No Pool

Zoning

R-5

Utilities

Cooling

Ceiling Fan(s)

Cooling Fuel

Electric

Heating

Forced Air

Heating Fuel

Electric

Hot Water

60+ Gallon Tank

Area And Schools

City

Baltimore

County Or Parish

Baltimore City

Municipality

Baltimore City

School District

Baltimore City Public Schools

Subdivision Name

Walbrook

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

County Tax

184.00

Short Sale

Tax Annual Amount

$3,884.00

Tax Year

2018

Additional Info

1 Bedroom Units

2 Bedroom Units

3 Bedroom Units

Garage Features

Other

Location Type

Corner Lot/Unit

School Tax

0.00

Status Detail

Active Under Contract

Tax Total Finished SQFT

2980

Total Below Grade SQFT

1390

Total SQFT

3820