324 Park Avenue

Baltimore, MD 21201

$595,000
Last Sold Price
Beds
3,528 Sq. Ft.
$169 / Sq. Ft.
3,528
Sq. Ft.
$169
per Sq. Ft.

Description

Totally renovated and fully leased turn-key cash flow positive mixed-use commercial property in downtown Baltimore. Property Details
First floor commercial clothing store has been in this location since 2007. This store has taken over the basement space for storage and is partially finished. Second floor has 2 bedrooms plus a home-office/3rd bedroom, 2 full bathrooms, and a kitchen with vinyl tile floor, wood cabinets, laminate counter, 30″ stainless steel electric range and refrigerator. Third floor
...Totally renovated and fully leased turn-key cash flow positive mixed-use commercial property in downtown Baltimore. Property Details
First floor commercial clothing store has been in this location since 2007. This store has taken over the basement space for storage and is partially finished. Second floor has 2 bedrooms plus a home-office/3rd bedroom, 2 full bathrooms, and a kitchen with vinyl tile floor, wood cabinets, laminate counter, 30″ stainless steel electric range and refrigerator. Third floor is a two-bedroom, two-bath apartment with hardwood floors in the living areas, ceramic tile bathroom floor. The third floor kitchen has wood cabinets, laminate counters, 30″ electric range, dishwasher, built-in microwave, and refrigerator with ice maker. Who Pays Which Utilities
The landlord pays for water. Each tenant pays their own gas and electric for their heat, air conditioning, hot water, and electric service. The city picks up the trash, which is included in the property taxes. About the Location…
Centrally located in Downtown Baltimore City with much activity and development close by. The main branch of the Enoch Pratt Free Library is around the corner. The Archdiocese of Baltimore main offices are around the corner as is the Historic Basilica of the Assumption Church, the first Catholic Cathedral built in the United States. The Baltimore Light Rail and Metro Subway stations are both within 2 blocks. The 300 block of Park Avenue is known as Little China Town, with a number of Chinese restaurants. Three major apartment buildings, Mulberry at Park Apartments at 211 W. Mulberry Street, 500 Park Ave and 520 Park Ave, are located within 1 block.
  1. Listed by Will A Cannon III • Ben Frederick Realty, Inc.
    P: 4109163331 will@benfrederick.com

Property Details for 324 Park Avenue

Tax ID Number
0304020578 037
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Legal Subdivision
Ward 4
Municipality
Baltimore City

Location

Listing Courtesy of Ben Frederick Realty, Inc.

Sold By Washington Area Properties, LLC

Add your commute
LISTING UPDATED: 10/04/2023 11:37 AM

Property Details for 324 Park Avenue

StatusClosed
MLS #MDBA2095734
Days on Market51
Taxes$4,420 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,442 SF
CountyBaltimore

Location

Listing Courtesy of Ben Frederick Realty, Inc.

Sold By Washington Area Properties, LLC

Add your commute

Building Information for 324 Park Avenue

Stories-Residences1Year Built1920Building Size-Lot Size0.03 AC / 1,442 SF

Payment Calculator

$3,615 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$368

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 Park 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: 2023
  • Tax Assessed Value: $192,033
  • Year Assessed: 2023
  • County Tax: $210
  • Improvement Assessed Value: $139,200
  • City Town Tax: $4,210
  • Land Assessed Value: $57,600
  • Clean Green Assessed: No
  • Land Use Code: C
  • Section: 02
  • Zoning: C-5HS
  • Tax Lot: 037
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $11,900
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 3,528.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 12911246
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
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: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 324 Park 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 324 Park Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,532 ($378 / month)
Home Facts
Total Finished SqFt3,528 SqFtAbove Grade Finished SqFt3,528 SqFtStories3Lot Size1,442 SqFtStyleOffice BuildingYear Built1920ZoningC-5HSCountyBALTIMORE CITYAPN04-02-0578 -037

Schools near 324 Park 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
Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

Vivien T. Thomas Medical Arts Academy
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.

Similar Homes

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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 10/04/2023 11:37 AM