$450,000
$450,000
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6,825 SqFt
SOLD DATE : 05/07/2021
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,825 sqft
Price per Sqft $65
Subdivision Reservoir Hill Historic District
MLS Listing ID MDBA500682
Sold Date 05/07/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1907
Annual Tax Amount $1,788
Tax Year 2021
Lot Size 4,500 Sqft
Acres 0.1
Property Description
Buyer's financing was not approved, so back on the market! Landmark structure in Reservoir Hill with multi-family renovation nearly complete, being sold as-is to developer/landlord or potential homeowner willing to complete the work. Two story, three-bedroom owner's unit on third and fourth floors, with two single story two bedroom units on first and second floor. Great layouts with tons of character and sweeping views of Reservoir Hill and Bolton Hill neighborhoods, close to Maryland Institute College of Art, underground subway stop, public surface transportation lines, and Interstate 83. Amazing residential and investment opportunity awaits! Property has had basement leased as commercial storefront in the past, but that area requires further renovation (estimated by insurance at $20,000) before leaseable. Residential units have an estimated $60,000 in work that needs to be finished in order to obtain occupancy permits. Seller will not complete. Approximate floorplans and costs will be outlined in documentation attached to the listing by the time the property goes Active.
Location
State MD
County Baltimore City
Zoning R-7
Interior
Hot Water None
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0313083424 001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Delante P Murrell • HomeSmart