Baltimore, MD 21212,509 E LAKE AVE
Baltimore, MD 21212,509 E LAKE AVE
Baltimore, MD 21212,509 E LAKE AVE
$465,000
Est. payment /mo
$499,900
7.0%
Est.Price: ?

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3,960 SqFt
SOLD DATE : 11/09/2020

Key Details

Sold Price $465,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,960 sqft

Price per Sqft $117

Subdivision Belvedere Square

MLS Listing ID MDBA524838

Sold Date 11/09/20

Style Colonial

HOA Y/N N

Abv Grd Liv Area 3,960

Originating Board BRIGHT

Year Built 1941

Annual Tax Amount $7,999

Tax Year 2019

Lot Size 8,197 Sqft

Acres 0.19

Property Description

Exciting opportunity to own this multi-unit property in the Belvedere Square/Cedarcroft area of Baltimore. This property has so much potential! This nearly 4,000 SF brick colonial offers four identical two-bedroom units, garage space (currently 2 large garages but could easily be 4 individual units), a basement that is unfinished, and a huge attic that also has potential. All units have beautiful original hardwood floors and are well-kept. Each unit has two large bedrooms, 1 full bath, a kitchen, dining room, and a living room. 990 SF per unit. All units are metered separately and tenants are responsible for the electric and gas bills. Live in one unit and rent the others or use strictly as an investment property. City inspections and lead certifications can be provided. Currently, rents are below-market value. . . room for improvement! Conveniently located between Towson University/Johns Hopkins and downtown, close to I-83 and I-695 and close to hospitals and other amenities makes it an ideal location for renters. Showings will be provided for qualified buyers by listing and co-listing agent only or by an 'open-house' style showing method (one weekday and one weekend). PROPERTY BEING SOLD AS-IS.

Location

State MD

County Baltimore City

Zoning R-3

Rooms

Basement Other, Connecting Stairway, Heated, Outside Entrance, Rough Bath Plumb, Side Entrance, Unfinished, Walkout Level, Windows

Interior

Interior Features Additional Stairway, Attic, 2nd Kitchen, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Wood Floors

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s), Ceiling Fan(s)

Flooring Hardwood, Ceramic Tile

Equipment Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Fireplace N

Appliance Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer, Water Heater

Heat Source Natural Gas

Exterior

Garage Additional Storage Area, Basement Garage, Garage - Rear Entry

Garage Spaces 8.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Waterfront N

Water Access N

Roof Type Asphalt,Shingle

Accessibility None

Attached Garage 4

Total Parking Spaces 8

Garage Y

Building

Lot Description Cleared, Corner, Front Yard, SideYard(s)

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0327545130 007

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Natalie Chamberlain • RE/MAX Leading Edge
Bought with Chris Yankosky • Northrop Realty

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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