Baltimore, MD 21218,3717 GREENMOUNT AVE
Baltimore, MD 21218,3717 GREENMOUNT AVE
Baltimore, MD 21218,3717 GREENMOUNT AVE
26
$250,000
$250,000
Est.Price: ?

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3,432 SqFt

3717 GREENMOUNT AVE Baltimore, MD 21218

Est. payment /mo
SOLD DATE : 10/03/2024

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Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,432 sqft

Price per Sqft $72

Subdivision None Available

MLS Listing ID MDBA2136992

Sold Date 10/03/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,495

Tax Year 2024

Lot Size 1,306 Sqft

Acres 0.03

Property Description

Welcome to 3717 Greenmount Avenue, Baltimore, MD 21218—an exceptional investment opportunity nestled in the thriving Waverly community, directly across from the prestigious Guilford neighborhood. This mixed-use property offers a total of five units: four residential units and one commercial unit on the main -level. The commercial space is currently set up as a laundromat, complete with all necessary machines and equipment, though it is not currently in operation. This offers a unique chance to revitalize and reopen the laundromat, catering to the local community's needs—especially considering that the majority of nearby housing is rental-based, reflecting a potential demand for such a service. The four residential units are separately metered and include two studio apartments and two two-bedroom units, providing versatile rental options. All meters are conveniently located in the lower level/basement of the property. While this property is in need of a full rehab, it is attractively priced to allow for significant sweat equity and profit post-renovation. Once renovated and operating at full occupancy, this property is poised to yield substantial cap rates, making it an ideal addition to any investment portfolio. Don't miss out on the chance to transform this property into a profitable venture in one of Baltimore's up-and-coming areas!

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0309204048A021B

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Timothy Lee Joseph Dominick • Coldwell Banker Realty
Bought with HANG YANG • Mulan Realty, Corp

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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