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Key Details
Sold Price $72,500
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Mcelderry Park
MLS Listing ID MDBA2119226
Sold Date 05/10/24
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N N
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,064
Tax Year 2023
Property Description
Introducing a remarkable investment opportunity in the heart of Baltimore City, at 719 N. Streeper Street, 21205. This property presents a unique chance for real estate investors looking to purchase and renovate in an established neighborhood.
719 N. Streeper Street is nestled in a strategic location that combines the charm of historic Baltimore with the convenience of modern amenities. This residential property, awaiting transformation, stands as a blank canvas for investors with a vision to redefine urban living.
Key Features:
Location: Situated in an area experiencing some revitalization, the property is perfectly positioned for capital appreciation. Close proximity to downtown Baltimore, major highways, public transportation, and essential services makes it an attractive proposition for future residents.
Structural Potential: With solid bones, this property is ideal for a complete renovation. It offers ample space for creative layouts, including multiple bedrooms and bathrooms, open floor plan living areas, and outdoor spaces, maximizing its rental or resale value.
Community: The neighborhood boasts a strong sense of community with local markets, parks, and cultural venues. It's an area where investment is not just in property but in the fabric of the community itself.
Investment Highlights:
High Demand: The Baltimore real estate market is characterized by a high demand for quality rental properties and renovated homes, driven by a growing population of young professionals and families seeking urban living experiences.
Appreciation Potential: With the ongoing development in the surrounding area, property values are expected to rise. Early investors may benefit from significant appreciation, making it a wise long-term asset.
Tax Incentives: Baltimore offers various tax incentives for property renovation and investment, potentially increasing your ROI.
Renovation Vision:
The renovation of 719 N. Streeper Street can transform it into a modern, energy-efficient, and aesthetically pleasing residence. By focusing on high-quality finishes, smart home features, and sustainable design, the property can set a new standard for urban living, attracting premium tenants or buyers.
This investment opportunity is not just about acquiring a property; it's about creating value. With the right vision and execution, 719 N. Streeper Street has the potential for significant cash flow as a rental property or a substantial return on investment through resale.
719 N. Streeper Street represents an exceptional opportunity for investors to make a mark in Baltimore's real estate market. Whether you're looking to expand your rental portfolio or capitalize on the flip market, this property offers the perfect foundation for success. Take advantage of this chance to invest in a property with limitless potential in one of Baltimore's 250 neighborhoods.
Location
State MD
County Baltimore City
Zoning R-8
Direction Northeast
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Bathroom 1
Basement Connecting Stairway, Full, Sump Pump, Walkout Stairs
Interior
Interior Features Carpet, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling None
Flooring Carpet, Concrete, Hardwood, Vinyl
Equipment Dryer - Electric, Dryer - Front Loading, Oven/Range - Gas, Stove, Water Heater
Furnishings No
Fireplace N
Appliance Dryer - Electric, Dryer - Front Loading, Oven/Range - Gas, Stove, Water Heater
Heat Source Natural Gas
Laundry Basement
Exterior
Fence Rear
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Parking Type On Street
Garage N
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Call School Board
Middle Schools Call School Board
High Schools Call School Board
School District Baltimore City Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 0307171628 079
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, FHA 203(k)
Horse Property N
Listing Terms Cash, Conventional, FHA, FHA 203(k)
Financing Cash,Conventional,FHA,FHA 203(k)
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Thomas C Nwachukwu • Century 21 Downtown