Baltimore, MD 21202,141 E NORTH AVE
Baltimore, MD 21202,141 E NORTH AVE
Baltimore, MD 21202,141 E NORTH AVE
$475,000
Est. payment /mo
$475,000
Est.Price: ?

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3,010 SqFt
SOLD DATE : 05/03/2024

Key Details

Sold Price $475,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,010 sqft

Price per Sqft $157

MLS Listing ID MDBA2119072

Sold Date 05/03/24

Style Other

Abv Grd Liv Area 3,010

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $2,993

Tax Year 2023

Property Description

Welcome to 141 E North Ave, an exceptional investment prospect nestled in the vibrant and revitalized Station North neighborhood of Baltimore, Maryland. Priced at $425,000 this multi-family building comprises three fully occupied units, currently yielding a total rent of $3,711 monthly, while presenting the promising opportunity to reach market rents of $4,185. Boasting immediate income potential, this property is strategically positioned in a thriving locale, just minutes away from the bustling downtown Baltimore area.

Don’t overlook the chance to seize this sound investment, characterized by stable occupancy rates and the promise of lucrative returns in a neighborhood on the rise

PRIME LOCATION: Situated in Baltimore, the property is close to MICA, Johns Hopkins, and Baltimore University guaranteeing a steady demand for rentals in the vicinity.


With easy access to Penn Station, local job markets, and the I-83 highway, it’s a prime location for convenience and connectivity.

IMMEDIATE ROI: With tenants already in place, this property offers immediate investment potential, ensuring a favorable return on investment from day one.

HOUSE HACK POTENTIAL: Possibility of house hack, living in one of the units and renting the other two. With this approach, the homeowner lives rent-free.

CONVENIENT ACCESSIBILITY: Situated on a high-traffic road, the property ensures easy access to major highways such as HWY 40, 83, and 2, enhancing both visibility and convenience for residents.

LUXURIOUS INTERIORS: All units feature wood flooring, white cabinets, granite counters, modern stainless steel kitchen appliances, HVAC and washer and dryer in the unit.

Location

State MD

County Baltimore City

Zoning OR-1*

Interior

Hot Water Other

Heating Hot Water

Cooling Other

Fireplace N

Heat Source Other

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Other

Garage N

Building

Sewer Other

Water Other

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312090390 020

Ownership Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Menachem M. Dalfin • Midfield Realty
Bought with Lindsay Chapman • Keller Williams Capital Properties

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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