Baltimore, MD 21218,2822 GUILFORD AVE
Baltimore, MD 21218,2822 GUILFORD AVE
Baltimore, MD 21218,2822 GUILFORD AVE
$395,000
Est. payment /mo
$395,000
Est.Price: ?

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2,246 SqFt
SOLD DATE : 06/21/2024

Key Details

Sold Price $395,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,246 sqft

Price per Sqft $175

Subdivision Charles Village

MLS Listing ID MDBA2125428

Sold Date 06/21/24

Style Converted Dwelling

Abv Grd Liv Area 2,246

Originating Board BRIGHT

Year Built 1914

Annual Tax Amount $5,710

Tax Year 2024

Lot Size 2,464 Sqft

Acres 0.06

Lot Dimensions 16' x 254'

Property Description

2822 Guilford Avenue presents an incredible opportunity for both owner-occupants and investors alike. Located in the coveted “Hopkins Zone” within charming Charles Village, this 3-unit property is an ideal place to call home or capitalize on its existing cash flow and enhance investment returns. Unit Mix: 2 One-Bedroom, One-Bathroom Apartments 1 One-Bedroom, Two-Bathroom Apartment with Basement Apartment 1 encompasses the first floor and finished basement. It features a spacious living room, bedroom, kitchen, full bathroom, and a bonus addition at the rear on the first floor. The finished basement includes a family room and a second full bathroom. This tenant enjoys the use of the clothes washer/dryer in the basement. Apartment 2 occupies the second floor and offers a generously sized, well-lit living room with three windows, an eat-in kitchen, a full bathroom, and a bedroom with a rear deck. Apartment 3 is situated on the smaller third floor, showcasing a sunny bedroom, a compact galley kitchen, a living room, and a full bathroom. Electric baseboard heating is employed throughout the building, allowing tenants to control the heat in each room individually. A gas-fired water heater, installed in 2014, supplies hot water to all three units. 2822 Guilford Avenue has one gas meter and one electric meter. Currently, the landlord covers the costs of gas, electric, and water/sewer. A savvy landlord could establish a cost-sharing system with the tenants during lease renewals to optimize revenue. Tenants at 2822 Guilford Avenue enjoy the convenience of walking to the Charles Village Shopping District, Johns Hopkins University Homewood Campus, and Union Memorial Hospital. With an impressive WalkScore of 91, a TransitScore of 73, and a BikeScore of 85, the property is designated a “Walker’s Paradise.” The block is patrolled by Hopkins campus security, ensuring safety, and benefits from the Charles Village Benefits District’s community events, neighborhood security, and trash cleanup initiatives. Guilford Avenue itself is a peaceful tree-lined street, providing a serene respite from the bustling thoroughfares of Charles Village.

Location

State MD

County Baltimore City

Zoning R-6

Interior

Hot Water Natural Gas

Heating Hot Water & Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312163848 012

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Will A Cannon III • Ben Frederick Realty, Inc.
Bought with Will A Cannon III • Ben Frederick Realty, Inc.

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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