3200 Elgin Avenue

Baltimore, MD 21216

$599,900
Price
Beds
3,680 Sq. Ft.
$163 / Sq. Ft.
3,680
Sq. Ft.
$163
per Sq. Ft.

Description

Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone R5-Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments,...Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024. Annual Income 48,600, approx NOI 41,310, approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone R5-Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.
  1. Listed by Thomas S Hennerty • NetRealtyNow.com, LLC
    P: 7035818605 netrealty@netrealtynow.com

Property Details for 3200 Elgin Avenue

Tax ID Number
0315293039 009
Ownership
Fee Simple
Structure Type
Detached
Style
Victorian
Waterfront
No
Views
City
Garage
Yes
Expected On Market Date
01-21-2024

Location

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LISTING UPDATED: 02/05/2024 09:24 PM

Property Details for 3200 Elgin Avenue

StatusActive
MLS #MDBA2111624
Days on Market103
Taxes$3,884 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.20 AC / 8,640 SF
CountyBaltimore

Location

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Add your commute

Building Information for 3200 Elgin Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.20 AC / 8,640 SF

Payment Calculator

$3,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$324

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3200 Elgin Avenue

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: 2018
  • Tax Assessed Value: $164,600
  • Year Assessed: 2018
  • County Tax: $184
  • Improvement Assessed Value: $113,000
  • City Town Tax: $3,700
  • Land Assessed Value: $51,600
  • Clean Green Assessed: No
  • Land Use Code: R
  • Section: 29
  • Historic: No
  • Zoning: R-5
  • Tax Lot: 009
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Management, Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Gross Income: $48,600
  • Annual Rental Income: $48,600
  • Cap Rate: 6.89
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Level Count: 3
  • Building Units Total: 3
  • Total Finished SQFT: 3,680.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 2,980.00
  • Total SQFT: 3,820.00
  • Total SQFT Source: Estimated
  • Elevators Count: 0
  • Construction Materials: Shingle Siding
  • Roof: Built-Up
  • Wall and Ceiling Types: Dry Wall, High
  • Flooring Type: Hardwood, Luxury Vinyl Plank
  • Basement Type: Full, Interior Access, Outside Entrance, Rear Entrance, Side Entrance, Windows, Fully Finished, Heated, Improved
  • Foundation Details: Concrete Perimeter
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Location Type: Corner Lot/Unit
  • Parcel ID: 12984085
Parking
Parking
  • Type Of Parking: Detached Garage, On Street
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Public
  • Garage Features: Other
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Ceiling Fan(s), Dining Area, Floor Plan - Traditional
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Appliances: Oven/Range - Gas, Refrigerator, Built-In Microwave, Washer, Dryer
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector, Window Grills
  • Window Features: ENERGY STAR Qualified, Energy Efficient
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Exterior Lighting, Sidewalks
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Septic, Public Sewer
  • Electric Service: 120/240V
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS
  • List Agent URL: www.NetRealtyNow.com

Property History for 3200 Elgin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3200 Elgin Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,319 ($360 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,980 SqFtAbove Grade Finished SqFt2,430 SqFtFinished Basement SqFt550 SqFtStories2Lot Size8,640 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-5CountyBALTIMORE CITYAPN15-29-3039 -009Fireplace TypeHas Fireplace

Schools near 3200 Elgin Avenue

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Edgewood Elementary School
PublicPK to 5

Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

Forest Park 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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3200 Elgin Avenue is a multi-family home for sale in Baltimore, MD 21216. This property was listed for sale on January 21, 2024 by NetRealtyNow.com, LLC, it's currently listed at $599,900. It has been on the market for a total of 103 days and was last sold on July 2, 2020. This listing's school district is Baltimore City Public Schools. Nearby schools include Edgewood Elementary School, Stadium School and Booker T. Washington Middle School. 3200 Elgin Avenue is a 0-bed, 0-bath, 3,680 sqft multi-family home built in 1920.

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 NetRealtyNow.com, LLC

© 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 02/05/2024 09:24 PM