Bought with Juwan Lee Richardson • Keller Williams Legacy
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1833 W LEXINGTON ST Baltimore, MD 21223
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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDBA2024964
Sold Date 02/11/22
Style Colonial
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,101
Tax Year 2021
Lot Size 2,438 Sqft
Acres 0.06
Property Sub-Type End of Row/Townhouse
Property Description
Historic Original Charm and Character throughout! Fun and amazing multi-family apartment building with TWO 3 BEDROOM UNITS. Completely renovated in 2019 including a completelynew gas piping system approved by Baltimore City and BGE AND BRAND NEW HVAC SYSTEM still under manufacturerwarranty. Property is fully leased bringing inannuallya revenue of $29.880.00 with longtermtenant who wish to stay - the $2,490/per month in rent collected has always been on-time or early. You are lookingat a instant turnkey passive income opportunity. Electric main entrance system, in hallway mailbox and package delivery - camerasystem with optional 3rd party 24/7 monitoring.
New or updated on all of the following including but not limited to: stainless steel sink, microwaves, refrigerator, laminate countertops and wooden cabinets and LVP flooring recently replaced all carpet throughout. Each unit is enormous and has their own washer/dryer.
The common areas are monitored by camera which will be included in the sale, each unit is separately metered !!!!!! All bathrooms have exquisite ceramic tile work and large soaking tubs turning each bathroom into a personal oasis.
All units have central air conditioning and their own water heaters. The plumbing is new and on a quarterly maintenance schedule handled by a professional management company. The building is Limited Lead Free per MDE standards and has been inspected by and licensed by Baltimore City. LEAD FREE NEVER ANY INSPECTIONS.
The ORIGINAL ENTRANCE is the icing on the cake as the wood doors aresimply beautiful and bold; as we as super secure: ) - entrance to the building also boasts its own electronic entry system with keypad allowing for ease of entry for maintenance or for YOU while to take one of the massive units and lease the other and have no mortgage in a place you will be tempted to find a maid to clean its so big! So many 19th and 20th-century row houses are stones thrown from this neighborhood, undergoing equity building renovations making this space that screams LOCATION/LOCATION/LOCATION .... it hasn't yet been mentioned that its walking distance to the neighboring anchor institution Bon Secours Hospital.
Whatever your life strategy or investment plan this house works....even if you put it back together and made it a mansion ! There is no losing here; this will move quickly please be aggressive as all offers will be presented upon receipt.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0320150178 017
Ownership Ground Rent
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Private, VA, USDA, Other
Listing Terms Cash, Conventional, FHA, Private, VA, USDA, Other
Financing Cash,Conventional,FHA,Private,VA,USDA,Other
Special Listing Condition Standard
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