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Key Details
Sold Price $170,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,599 sqft
Price per Sqft $106
Subdivision Waverly
MLS Listing ID MDBA2124754
Sold Date 07/12/24
Style Converted Dwelling
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,284
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $2,830
Tax Year 2023
Lot Size 1,274 Sqft
Acres 0.03
Property Description
> Renovated, Turn-Key Rental Home in Waverly Provides Stable Income with Reduced Maintenance Costs
> Modern & Appealing Finishes are Desirable for Tenants, Ensuring High Occupancy Rates
> One Mile from Union Memorial MedStar Hospital, Home to Over 2,500 Employees
> From LiveBaltimore.com: “Waverly boasts quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes”. A bright and spacious open floor plan greets tenants as they enter from their covered porch. Recessed lighting and large windows compliment the hardwood floors. Tenants appreciate ample wood shaker cabinetry and granite counters in the kitchen, including a breakfast bar. A top-notch appliance suite keeps this property one step ahead of other rentals in the immediate area, including a French door refrigerator with bottom freezer, gas range, dishwasher and over-the-range microwave. Three bedrooms and a full bathroom are located on the second floor. The bathroom has a modern vanity and steel tub with ceramic tile tub-surround, which tenants can easily clean and maintain. The kitchen and bathroom have ceramic tile flooring; upstairs is carpeted. A full basement allows tenants additional storage space and access to a full-size washer and dryer. This Waverly investment property is easy to manage, as tenants are responsible for all utilities. The home is heated by a Columbia gas-fired hot-water boiler with radiator distribution. Tenants provide their own window air conditioners. A 40-gallon Rheem water heater, replaced in 2021, provides hot water. 100 amps serve the property. The main water supply is copper, saving a buyer worry and costly replacement in the future, with interior lines a mix of C-PVC and steel. All observable interior drain lines appear to be PVC. LiveBaltimore.com loves Waverly, stating “quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes.” Only one mile away from Union Memorial MedStar Hospital, and a little over a mile to Johns Hopkins University Homewood Campus. Loyola University is 1.5 miles northeast. The Waverly “Y” is within walking distance and offers an indoor pool with 4 swim lanes, 6,600 square foot fitness center and rock wall. There is plenty of green space nearby, as the neighborhood used to be home to Memorial Stadium, former home of the Baltimore Orioles. Now the Ripken Memorial Stadium Ball Field is a multiple use turf field, with full football field and 60′ baseball diamond, open to the public. More and more investors are finding that nearby outdoor amenities, and not indoor amenities, lead to higher tenant retention. The proximity to the YMCA and Ripken Ball Field creates happier, longer-term tenants.
Location
State MD
County Baltimore City
Zoning R-7
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0309204059B015
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with THERESE N. NZEKIO • Keller Williams Legacy