221 South Chester Street

Baltimore, MD 21231

$397,900
Last Sold Price
Beds
1,478 Sq. Ft.
$269 / Sq. Ft.
1,478
Sq. Ft.
$269
per Sq. Ft.

Description

What makes this 2 unit investment property special? A great opportunity to own a recently renovated turnkey 2 apartment investment property with a large garage located a 10 minute walk to the Fells Point waterfront, a two block walk from beautiful Patterson Park and Eastern Avenue with its shops/restaurants. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner...What makes this 2 unit investment property special? A great opportunity to own a recently renovated turnkey 2 apartment investment property with a large garage located a 10 minute walk to the Fells Point waterfront, a two block walk from beautiful Patterson Park and Eastern Avenue with its shops/restaurants. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner occupied investing.

2 Unit Apartment Building Property Details
The property make up is 2 self contained apartments – one 1 bedroom/ 1 bathroom apartment and one 2 bedroom/ 2 bathroom apartment. The one bedroom apartment is situated in the front of the building, it features original hardwood flooring, fresh paint and exposed brick walls. The kitchen has laminate counter tops, wooden cabinets, refrigerator, 30″ gas range, dishwasher and disposal. The bathroom has a modern vanity, soaking tub with shower and ceramic tile surround. The package is completed with a stacked washer/ dryer conviently located upstairs next to the bedroom. The two bedroom apartment is in the back of the building. The kitchen has undergone a tasteful renovation with all new stainless steel appliances, refrigerator, dishwasher, disposal, 30″ gas range with built in microwave, Corian countertops and wooden cabinets. 16 by16 inch ceramic tile floors in the kitchen lead to original hardwood throughout the apartment. The downstairs bathroom has a 5 ft. walk in shower with ceramic tile surround, a modern vanity. The upstairs bathroom is en suite. It has a modern vanity and a soaking tub with shower. The unit is completed by a stacked washer/dryer. The property is enhanced by a small courtyard for grilling or relaxing leading to a large (2 sedans) garage off rear alley. Who pays the utilities in this investment property? The apartments are separately metered for gas and electric allowing the tenants to easily pay their own utilities. Both units have their own gas fired forced air furnace and central air conditioning. The windows in this end unit are vinyl replacement throughout filling the property with natural light. The building has 200 Amps coming in with 100 Amps going to each unit with separate panels in unit. The roof was replaced 4 years ago. What’s Nearby? The location of 221 S. Chester St. is great with a Walk Score of 96 out of 100. This location is a Walker’s Paradise so daily errands do not require a car. The property is located two short blocks from bustling Patterson Park nicknamed ” Best Backyard in Baltimore”. The park consists of open fields of grass, large trees, paved walkways, historic battle sites, a lake, playgrounds, athletic fields, a swimming pool, an ice skating rink and other signature attractions and buildings. A short 5 block walk and you are in the heart of the Fells Point/Canton waterfront.
  1. Listed by Will A Cannon III • Ben Frederick Realty, Inc.
    P: 4109163331 will@benfrederick.com

Property Details for 221 South Chester Street

Tax ID Number
0301021757 053
Ownership
Ground Rent
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
Yes
Legal Subdivision
Ward 1
Total Parking Spaces
2

Location

Listing Courtesy of Ben Frederick Realty, Inc.

Sold By Berkshire Hathaway HomeServices Homesale Realty

Add your commute
LISTING UPDATED: 08/29/2022 03:02 PM

Property Details for 221 South Chester Street

StatusClosed
MLS #MDBA2018718
Days on Market27
Taxes$5,079 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Ground Rent
Year Built1915
Lot Size0.04 AC / 1,845 SF
CountyBaltimore

Location

Listing Courtesy of Ben Frederick Realty, Inc.

Sold By Berkshire Hathaway HomeServices Homesale Realty

Add your commute

Building Information for 221 South Chester Street

Stories-Residences2Year Built1915Building Size-Lot Size0.04 AC / 1,845 SF

Payment Calculator

$2,595 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,172

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 221 South Chester Street

Location
Location
  • In City Limits: Yes
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $215,200
  • Year Assessed: 2021
  • County Tax: $241
  • Improvement Assessed Value: $121,900
  • City Town Tax: $4,838
  • Land Assessed Value: $90,000
  • Clean Green Assessed: No
  • Land Use Code: R
  • Section: 02
  • Zoning: R-8
  • Tax Lot: 053
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $7,958
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,478.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 12900458
  • Ground Rent Amount: $45
  • Ground Rent Payment Frequency: Semi-Annually
  • Capitalized Value-Ground Rent: $750
Parking
Parking
  • Type Of Parking: Detached Garage, On Street
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Rear Entry, Garage Door Opener
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Energy Star Cooling System
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 221 South Chester Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 221 South Chester Street

Taxable ValueLand$90,000Additions$131,800Total$221,800
Tax Record2023$5,234 ($436 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,478 SqFtAbove Grade Finished SqFt1,478 SqFtStories2Lot Size1,845 SqFtStyleTownhouseYear Built1915ZoningR-8CountyBALTIMORE CITYAPN01-02-1757 -053Fireplace TypeHas Fireplace

Schools near 221 South Chester Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Wolfe Street Academy
CharterPK to 5

Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

Digital Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ben Frederick Realty, Inc.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/29/2022 03:02 PM