322 North Paca Street

Baltimore, MD 21201

$295,000
Last Sold Price
Beds
3,660 Sq. Ft.
$81 / Sq. Ft.
3,660
Sq. Ft.
$81
per Sq. Ft.

Description

Out of State owner must sell - Liquidating Local Portfolio! Investor Alert Simply Add Tenants - get the cash flowing! Awesome Investment Townhome with three updated 1 bedroom units. All three Units have new laminate flooring, large bedrooms and updated spacious kitchens and baths. Freshly painted throughout. These units are well maintained and move-in ready. Each unit is around 900 sqft. This is a great opportunity to build your investment portfolio. Early 2021 Units were Rented for $850 (unit1)...Out of State owner must sell - Liquidating Local Portfolio! Investor Alert Simply Add Tenants - get the cash flowing! Awesome Investment Townhome with three updated 1 bedroom units. All three Units have new laminate flooring, large bedrooms and updated spacious kitchens and baths. Freshly painted throughout. These units are well maintained and move-in ready. Each unit is around 900 sqft. This is a great opportunity to build your investment portfolio. Early 2021 Units were Rented for $850 (unit1) $925 (unit2) $950 (unit3) – rents were LOWER than going market values. Rental Prices in Area Could Easily Be GREATER. > Separate electric meters. Tenants pays own electric. Owner receives water bill (cover or divvy up – about 150/m with full occupancy). Walkable distance to Lexington market (transforming underway), Bus stops, Metro transit, University of Maryland and Mercy Medical Center. Close to Inner Harbor, Camden yards, M&T Stadium, 395, 695 and route 40. This is an awesome location. Get first access to investment deals like this by getting on our list. Call for details. Have a Home to Sell? Buy this Home and We Will Buy Yours for Cash! Schedule a Tour Today!
  1. Listed by Dimitrios Lynch • ExecuHome Realty
    P: 4109602949 myhome@lazarz-lynch.com
  2. Listed by Stephen R Lazarz • ExecuHome Realty
    P: 4436689440 myhome@lazarz-lynch.com

Property Details for 322 North Paca Street

Tax ID Number
0304030575 024
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Legal Subdivision
Ward 4

Location

Listing Courtesy of ExecuHome Realty

Sold By Next Step Realty

Add your commute
LISTING UPDATED: 08/27/2022 07:49 PM

Property Details for 322 North Paca Street

StatusClosed
MLS #MDBA2007828
Days on Market66
Taxes$2,950 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.03 AC / 1,120 SF
CountyBaltimore

Location

Listing Courtesy of ExecuHome Realty

Sold By Next Step Realty

Add your commute

Building Information for 322 North Paca Street

Stories-Residences3Year Built1910Building Size-Lot Size0.03 AC / 1,120 SF

Payment Calculator

$1,856 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,610

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 322 North Paca 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: $125,000
  • Year Assessed: 2021
  • County Tax: $140
  • Improvement Assessed Value: $95,000
  • City Town Tax: $2,810
  • Land Assessed Value: $30,000
  • Clean Green Assessed: No
  • Land Use Code: 003
  • Section: 03
  • Zoning: C-5DC
  • Zoning Dscrp: Residential
  • Tax Lot: 024
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Water, Taxes - Real Estate, Repairs, Management, Insurance
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1
  • Units Leased Count: 1
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Insurance Expense: $1,261
  • Water Avg Month: $180
  • Water Prev 12 Months: $2,160
Financial Information
  • Gross Income: $13,200
  • Gross Scheduled Income: $39,600
  • Net Operating Income: $35,800
  • Annual Rental Income: $13,200
  • Income Includes: Apartment Rentals
  • Cap Rate: 12.56
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 12911313
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator, Range Hood
  • Accessibility Features: None
  • Window Features: Replacement
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 322 North Paca 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 322 North Paca Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,130 ($344 / month)
Home Facts
Baths3Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories3Lot Size1,120 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningC-5DCCountyBALTIMORE CITYAPN04-03-0575 -024

Schools near 322 North Paca Street

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
Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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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 ExecuHome Realty

© 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 08/27/2022 07:49 PM