Baltimore, MD 21231,405 CHESTER ST
Baltimore, MD 21231,405 CHESTER ST
Baltimore, MD 21231,405 CHESTER ST
Baltimore, MD 21231,405 CHESTER ST
Baltimore, MD 21231,405 CHESTER ST
Baltimore, MD 21231,405 CHESTER ST
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$165,000

$159,900

3.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

1 Bath

1,080 SqFt


SOLD DATE : 05/26/2023

Key Details

Sold Price $165,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $152

Subdivision Middle East

MLS Listing ID MDBA2082768

Sold Date 05/26/23

Style Other

Bedrooms 4

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,080

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $3,587

Tax Year 2022

Lot Size 1,080 Sqft

Acres 0.02

Property Description

Welcome to this fantastic investment opportunity located at 405 N Chester Street, Baltimore MD! This spacious rowhome features one bedroom, a living room, dining room, and kitchen on the main floor, with three additional bedrooms located upstairs. The second floor of the house offers a view of John Hopkins University.
The dry basement provides additional storage space, making this property an excellent investment opportunity. With consistently paying tenants already in place, this property generates a current annual rent income of $19,800, making it a reliable source of passive income. The main level of the home offers plenty of space for tenants to relax and entertain, with a cozy living room, dining room, and kitchen providing all the necessary amenities. The dry basement provides additional storage space and could be converted into a home office, gym, or entertainment room, adding even more value to this investment property.
Located in a highly desirable and very fast developing neighborhood of Baltimore, this property is close to local parks, cafes, and shops, with easy access to transportation. John Hopkins University is one minute walk. Whether you're looking for a reliable income stream or a long-term investment opportunity, this property is an excellent option.
This property is available for purchase either as a standalone investment or as part of a portfolio of three properties generating a total annual rent income of $60,600.
All of the properties are located within a 3-minute radius of each other.
Addresses for two other properties:
719 N Kenwood Ave, Baltimore MD, 21205.
803 N Montford Ave, Baltimore MD, 21205.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other

Main Level Bedrooms 4

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Story 2

Foundation Other

Sewer Other

Water Other

Architectural Style Other

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 0306041669 003

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Artur Fedorov • TTR Sotheby's International Realty
Bought with Mitchell J Toland Jr. • Redfin Corp
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