307 E 25TH STREET, BALTIMORE, MD 21218 - Cummings & Co. Realtors

$399,000

Charming Multi-Unit Property now available. Discover the perfect investment opportunity with this charming multi-unit property . This versatile property features three distinct units, offering a blend of comfort and convenience ideal for both tenants and investors alike. -Unit 1: Spacious and Versatile Bedrooms: 2 Bathrooms: 2 This unit boasts generously… Read More sized rooms, exposed beams, large windows and two full bathrooms, providing ample space for comfortable living. The two-level unit that is ready for the new owner to finish, is well-appointed layout ensures privacy and convenience, making it perfect for families or roommates. Unit 1 is partially rehabbed, with a modern look and feel, new kitchen floors, and a partially finished bedroom. Most materials to finish the space are available. Just provide the kitchen cabinets, sink, and appliances for a truly modern living space. This unit also comes with a basement that provides an extra-large living space for Unit #1. -Unit 2: Cozy and Sun-drenched Bedrooms: 1 Bathrooms: 1 This one-bedroom, one-bathroom unit is designed for efficiency and comfort. Ideal for singles or couples, it offers a cozy living space with great natural light, large kitchen and bedroom, a walk-in closet, with all the essential amenities, and is occupied by a long-term renter. Unit 3: Intimate with Industrial Charm Bedrooms: 1 Bathrooms: 1 Similar to Unit 2, this top-floor unit provides a comfortable one-bedroom, one-bathroom layout, perfect for tenants seeking a private and inviting modern and industrial loft-style living space, and is occupied by a long-term renter. Key Features: Prime Location: Situated in a vibrant neighborhood, this property is conveniently located near local shops, restaurants, and public transportation, offering easy access to all that Baltimore City has to offer. Recent Renovations: The property has undergone recent updates to ensure modern amenities and a fresh, contemporary feel throughout each unit. Investment Potential: With three separate units, this property presents a fantastic opportunity for rental income and long-term investment growth. Nearby Attractions: Johns Hopkins University: Just a short distance away, this renowned institution adds to the appeal for potential tenants. Wyman Park Dell: A beautiful green space nearby, perfect for outdoor activities and relaxation. Baltimore Museum of Art: Explore world-class exhibits and cultural experiences within easy reach. Unique Selling Points: Historic Charm: The property retains its historic charm while offering modern conveniences, creating a unique and desirable living environment. Flexible Living Arrangements: The varied unit configurations cater to different tenant needs, from singles to roommates, and small families. Long-term tenants: Units 2 ($995 per month) and Unit 3 ($1100 per month) just renewed their leases. Don't miss out on this exceptional multi-unit property that combines prime location, modern updates, and historic charm. Whether you're an investor looking for a reliable income stream or a homeowner seeking a property to live in one unit and rent out the other two units, 307 E 25th Street is a must-see! For more information or to schedule a viewing, contact us today. In addition, the building has on-site laundry, that is accessible to all tenants and is separately metered. Sold strictly as-is. Seller will make no repairs. Unit one is unfinished and will be delivered unfinished. Read Less

Courtesy of Heidi Hawkins, Coldwell Banker Realty [email protected]

Listing Snapshot

Days Online

118

Last Updated

Oct 22, 2024

Property Type

Townhouse

Square Ft.

2,600

Lot Size

0.03 Acres

Year Built

1920

MLS Number

MDBA2129716

30 Days Snapshot Of 21218

-24%

(avg) sold price

-5%

homes sold

-38%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Dryer, Washer

Basement

Fully Finished, Full, Daylight, Partial

Building

2,600 sqft living area, Built in 1920, Structure Type: Interior Row/Townhouse, Wall & Ceiling Types: Beamed Ceilings, Dry Wall, Plaster Walls, 3 units in building, 3 levels in building, Traditional, Brick

Cooling

Central Air, Electric, Central A/C

Exterior Features

Fire Escape

Fees

Ground Rent Pymnt Freq: Semi-Annually

Floors

Hardwood, Laminate Plank, Laminated, Tile/Brick, Vinyl

Foundation

Brick/Mortar

Heating

Natural Gas, Electric, Forced Air, Heat Pump(s)

Income

Gross Income: $25,140, Gross Scheduled Income: $43,740, Apartment Rentals

Interior Features

Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Galley, Kitchen - Efficiency

Lot

1,350 sqft, 0.03 acres

Property

Other Structures: Above Grade, Other Units: Unit 1, Unit 2, Unit 3, 2 one-bedroom units, 3 single-room units, 1 two-bedroom unit

Roof

Rubber

Sewer

Public Sewer

Taxes

City/Town Tax: $3,709, City/Town Tax Pymnt Freq: Annually, County Tax: $185, County Tax Pymnt Freq: Annually, Tax Annual Amount: $3,894, Tax Year: 2024

Utilities

Electric Service: 200+ Amp Service, Hot Water: Multi-tank, Water Available, Sewer Available, Electric Available, Cable TV Available, Multiple Phone Lines

Windows

Double Pane, Double Hung

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