$395,000
$395,000
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2822 GUILFORD AVE Baltimore, MD 21218
2,246 SqFt
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,246 sqft
Price per Sqft $175
Subdivision Charles Village
MLS Listing ID MDBA2125428
Sold Date 06/21/24
Style Converted Dwelling
Abv Grd Liv Area 2,246
Originating Board BRIGHT
Year Built 1914
Annual Tax Amount $5,710
Tax Year 2024
Lot Size 2,464 Sqft
Acres 0.06
Lot Dimensions 16' x 254'
Property Description
2822 Guilford Avenue presents an incredible opportunity for both owner-occupants and investors alike. Located in the coveted “Hopkins Zone” within charming Charles Village, this 3-unit property is an ideal place to call home or capitalize on its existing cash flow and enhance investment returns. Unit Mix: 2 One-Bedroom, One-Bathroom Apartments 1 One-Bedroom, Two-Bathroom Apartment with Basement Apartment 1 encompasses the first floor and finished basement. It features a spacious living room, bedroom, kitchen, full bathroom, and a bonus addition at the rear on the first floor. The finished basement includes a family room and a second full bathroom. This tenant enjoys the use of the clothes washer/dryer in the basement. Apartment 2 occupies the second floor and offers a generously sized, well-lit living room with three windows, an eat-in kitchen, a full bathroom, and a bedroom with a rear deck. Apartment 3 is situated on the smaller third floor, showcasing a sunny bedroom, a compact galley kitchen, a living room, and a full bathroom. Electric baseboard heating is employed throughout the building, allowing tenants to control the heat in each room individually. A gas-fired water heater, installed in 2014, supplies hot water to all three units. 2822 Guilford Avenue has one gas meter and one electric meter. Currently, the landlord covers the costs of gas, electric, and water/sewer. A savvy landlord could establish a cost-sharing system with the tenants during lease renewals to optimize revenue. Tenants at 2822 Guilford Avenue enjoy the convenience of walking to the Charles Village Shopping District, Johns Hopkins University Homewood Campus, and Union Memorial Hospital. With an impressive WalkScore of 91, a TransitScore of 73, and a BikeScore of 85, the property is designated a “Walker’s Paradise.” The block is patrolled by Hopkins campus security, ensuring safety, and benefits from the Charles Village Benefits District’s community events, neighborhood security, and trash cleanup initiatives. Guilford Avenue itself is a peaceful tree-lined street, providing a serene respite from the bustling thoroughfares of Charles Village.
Location
State MD
County Baltimore City
Zoning R-6
Interior
Hot Water Natural Gas
Heating Hot Water & Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312163848 012
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Will A Cannon III • Ben Frederick Realty, Inc.