$100,000
$120,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/08/2023
Key Details
Sold Price $100,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision East Baltimore Midway
MLS Listing ID MDBA2088880
Sold Date 09/08/23
Style Traditional
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $307
Tax Year 2023
Property Description
Photos coming soon!
Welcome to 1238 E. North Avenue, a promising investment opportunity located in the vibrant city of Baltimore, Maryland. This property boasts an excellent location in the sought-after 21202 zip code, placing you in the heart of the action. With its partially completed construction, this property offers immense potential for investors looking to capitalize on high after repair values (ARVs).
Upon entering this property, you'll immediately notice the impressive framing work that has been completed, providing a solid foundation for further development. The existing framework offers a clear vision for the property's layout and allows for flexible customization according to your preferences.
The property also features some electrical work already in place, giving you a head start on the construction process. With a portion of the plumbing roughed in, you'll save both time and money during the renovation phase. This property presents a unique opportunity to take advantage of the groundwork that has already been completed, accelerating the transformation into a profitable investment.
Additionally, included with the property are leftover supplies and materials, further reducing your expenses and ensuring a smoother renovation process. These materials provide the necessary building blocks to continue the construction and complete the project efficiently.
Investors will appreciate the exceptional potential for high ARVs in this area. Baltimore's real estate market has experienced steady growth, and properties in the 21202 zip code are highly sought after. With careful planning and execution, this property has the potential to yield significant returns on investment.
1238 E. North Avenue's prime location provides convenient access to a wealth of amenities. Enjoy close proximity to bustling city centers, entertainment venues, restaurants, and shops, offering an attractive lifestyle for potential tenants or future buyers.
Don't miss this incredible opportunity to acquire a property with substantial progress already made, along with the potential for impressive returns on investment. Embrace the challenge of transforming this property into a desirable and profitable asset, and secure your position in Baltimore's thriving real estate market. Schedule a viewing today and seize this exciting investment opportunity!
Location
State MD
County Baltimore City
Zoning C-1
Rooms
Basement Rough Bath Plumb, Partial
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type On Street
Garage N
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0309134007 005
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Private, Other
Listing Terms Cash, Private, Other
Financing Cash,Private,Other
Special Listing Condition Standard
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Bought with Kevin E Blackstone • Blackstone Realty Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "