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1501 Druid Hill Avenue Baltimore, MD $ 239,000
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$ 239,000 Get more info
1501 Druid Hill Avenue
$ 239,000
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1501 Druid Hill Avenue

Baltimore, MD, 21217
$ 239,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,588

1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 1
1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 2
1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 3
1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 4
1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 5
1501 Druid Hill Avenue, Baltimore, MD 21217 - Image 6

Multi-Family Home for sale in Baltimore, MD

for $239,000 with 4 bedrooms. This home was built in 1920.

Great Investment Opportunity! This two-apartment brownstone boasts two distinct living spaces. The lower unit features a one-bedroom, one-bathroom layout, while the upper unit offers enhanced accommodations with three/four bedrooms and 1.5 full bathrooms. Both units are currently tenant occupied, ensuring immediate cash flow and eliminating the hassle of securing tenants. With a robust Capitalization Rate of 8.3%, this property offers investors exceptional income-generating potential. A significant advantage of this property is the tenant responsibility for all utilities. This arrangement alleviates the burden on the owner, resulting in lower operational costs and increased net income. Sold in as-is condition.

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Multi-Family Active

Price

$ 239,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,657

Style

Traditional

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2113634
Features
Interior
Heating Fuel Other
Hot Water Electric
Total Stories 4
Heating Y/N Y
Fireplace Y/N N
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other Radiator
Cooling Other
Possession 0-30 Days CD
Exterior Features Fire Escape
Zoning R-8
Architectural Style Traditional
Construction Materials Brick
Year Built 1920
Property SubType Duplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Other
Municipality Baltimore City
Section 12
Accessibility None
County BALTIMORE CITY
Insurance Expense 1500.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Martin Luther King Jr Blvd to Left of Pennsylvania Ave Right on McMechen Right On Druid Hill Ave to home on 1501 on the left.
City BALTIMORE
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal Prop Disclaimer
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Waterfront Y/N N
Number of Units Leased 2
Street Name DRUID HILL
Tax Annual Amount 1657.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 0
Structure Type End of Row/Townhouse
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 108
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 14
Tax Lot 037
Cap Rate 8.33
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.00
Lot Size Source Estimated
Land Assessed Value 14000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Century 21 New Millennium

Broker

tim.washlack@c21nm.com

Email

Affordability Calculator

$1,727
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,588
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$239,000 -4.40% Price Down
2/15/2024$250,000 Listed Price

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1501 Druid Hill Avenue, Baltimore, MD, 21217 is a Multi-Family Home for sale at $239,000. 1501 Druid Hill Avenue has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 21217 which is in Baltimore, MD

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