Specializing in Maryland & DC Residential Sales!
Karim Phillips
240-256-3672240-256-3672

2339 N Calvert STREET, Baltimore, MD 21218 (MLS # MDBA465778)

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PRICE $415,000
BEDS 6
BATHS 3 full
HOME SIZE 4,000 sq ft
LOT SIZE 1,200 sqft

Great three unit (2 bed/1 bath with central AC and heat plus washer/dryer in each unit), fully leased, turn-key cash flow asset with excellent management history.~ Option 1: Keep 100% leased (3 units with basement. 4,000 SF total).~ Option 2: Continue to Lease Unit 1 & 3. Live in Unit 2. Attain FHA Loan @ 95% LTV.~ Tenants pay ALL utilities - separately metered.~ Limited lead free certified.~ Prime Location. 2-8 blocks to Safeway and CVS shopping, Station North Arts District, Penn Station redevelopment, Johns Hopkins University, MICA, UMD Baltimore.~ Value Add Opportunity. Rehab kitchen and bathrooms. Increase rents in all units. Add income through basement rehabilitation for added unit income or rental storage space.~ Sale Price: $415,000NOI Cap Rate: 8.25% (Owner/Self-Manage)Annual equity return: 15.49% (Owner/Self-ManageNOI Cap Rate: 7.74% (Management Hire) Annual equity return: 12.93% (Management Hire). See documents attached for more information

DAYS ON MARKET 26 LAST UPDATED 5/8/2019
YEAR BUILT 1920 COUNTY Baltimore City
STATUS Pending PROPERTY TYPE(S) Multi-Family, Multi-Family / Triplex, Residential Income / End of Row/Townhouse

SCHOOLS
School District Baltimore City Public Schools


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES None
ARCHITECTURAL STYLE Traditional
AUTOMATICALLY UPDATE TAX VALUES Y/N Y
CENTRAL AIR YN Y
CITY/TOWN TAX 3372.00
CITY/TOWN TAX PYMNT FREQ Annually
CONSTRUCTION MATERIALS Brick
COOLING FUEL Electric
COOLING TYPE Central A/C
COUNTY TAX 168.00
COUNTY TAX PYMNT FREQ Annually
CROSS STREET 24TH STREET
ELEVATORS COUNT 0
EXISTING LEASE TYPE Yearly
EXTERIOR FEATURES Exterior Lighting, Fire Escape, Flood Lights, Secure Storage, Sidewalks, Street Lights
FIREPLACE YN N
FLOORING TYPE Ceramic Tile
HEATING FUEL Central
HEATING TYPE Forced Air
HEATING YN Y
HOT WATER 60+ Gallon Tank
IN CITY LIMITS YN Y
INCOME INCLUDES Apartment Rentals
INSURANCE EXPENSE 2800.00
LAND USE CODE 003
LISTING AGREEMENT TYPE Exclusive Agency
LISTING SERVICE TYPE Limited Service
LIVING AREA SQFT SOURCE Estimated
LOT SIZE SOURCE Owner
LOT SIZE UNITS Square Feet
MAINTENANCE EXPENSE 1000.00
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 0
OPERATING EXPENSE 8217.00
OPERATING EXPENSE INCLUDES Insurance
OTHER UNITS Unit 1, Unit 2, Unit 3
OWNER PAYS Common Area Maintenance, Taxes - Real Estate
OWNERSHIP INTEREST Fee Simple
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION Settlement
PRICE PER SQFT 138.33
PROFESSIONAL MANAGEMENT EXPENSE 2123.00
PROPERTY CONDITION As-is Condition
PROPERTY SUB TYPE Triplex
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
ROOF Rubber
SCHOOLDISTRICTSOURCE Listing Agent
SEWER SEPTIC Public Sewer
SINGLE ROOM UNITS COUNT 0
STANDARD STATUS Pending
STRUCTURE TYPE End of Row/Townhouse
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 3540.0
TAX ASSESSED VALUE 150000.0
TAX LOT 020
TAX YEAR 201
THREE BEDROOM UNITS COUNT 0
TIDAL WATER YN N
TOTAL SQFT SOURCE Estimated
TOTAL TAXES PYMNT FREQ Annually
TWO BEDROOM UNITS COUNT 3
TYPE OF PARKING On Street
UNITS FURNISHED None
UTILITIES Cable TV, Phone, Sewer Available, Water Available
VACANCY ALLOWANCE RATE 0.05
VACATION RENTAL YN N
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
YEAR ASSESSED 2019
YEAR BUILT SOURCE Public Records
ZONING R-8

ZESTIMATE
$273178  2339 N Calvert STREET, Baltimore, MD

RENT ZESTIMATE
$1300 / mo.  2339 N Calvert STREET, Baltimore, MD

95 Walker's Paradise



 
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Last Updated: 5/21/19 3:47 AM PDT