5418 Reisterstown Road

Baltimore, MD 21215

$375,000
Last Sold Price
Beds
3,188 Sq. Ft.
$118 / Sq. Ft.
3,188
Sq. Ft.
$118
per Sq. Ft.

Description

Incredible investment opportunity! End of group rowhome with 2 commercial spaces and 4 rental apartments! Main level commercial space was previously used as a laundromat and a salon - keep separate or combine for a larger commercial space. 4 upper level apartments consisting of two 1 bedroom, 1 bath apartments & two 2 bedroom, 1 bath units. Separately metered and ready to add to your rental portfolio! Monthly rental income of $4,141Incredible investment opportunity! End of group rowhome with 2 commercial spaces and 4 rental apartments! Main level commercial space was previously used as a laundromat and a salon - keep separate or combine for a larger commercial space. 4 upper level apartments consisting of two 1 bedroom, 1 bath apartments & two 2 bedroom, 1 bath units. Separately metered and ready to add to your rental portfolio! Monthly rental income of $4,141
  1. Listed by Christopher J Cooke • Berkshire Hathaway HomeServices Homesale Realty
    P: 4438022728 chris@chriscooketeam.com

Property Details for 5418 Reisterstown Road

Tax ID Number
0328014510 029
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Central Air
No

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty

Sold By Keller Williams Realty Centre

Add your commute
LISTING UPDATED: 08/16/2022 09:14 PM

Property Details for 5418 Reisterstown Road

StatusClosed
MLS #MDBA467840
Days on Market1114
Taxes$3,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1923
Lot Size0.05 AC / 2,200 SF
CountyBaltimore

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty

Sold By Keller Williams Realty Centre

Add your commute

Building Information for 5418 Reisterstown Road

Stories-Residences1Year Built1923Building Size-Lot Size0.05 AC / 2,200 SF

Payment Calculator

$2,309 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5418 Reisterstown Road

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: $133,500
  • Year Assessed: 2018
  • County Tax: $149
  • Improvement Assessed Value: $107,100
  • City Town Tax: $3,001
  • Land Assessed Value: $26,400
  • Clean Green Assessed: No
  • Section: 01
  • Zoning: C-2
  • Tax Lot: 029
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
  • Section 8 Approved: true
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 2
  • Vacancy Allowance Rate: 5.00%
Financial Information
Expenses
  • Operating Expense: $15,734
  • Insurance Expense: $2,400
  • Maintenance Expense: $5,808
Financial Information
  • Gross Income: $58,080
  • Gross Scheduled Income: $58,080
  • Net Operating Income: $39,862
  • Annual Rental Income: $58,080
  • Income Includes: Apartment Rentals
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 3,188.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 13120409
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • 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
  • List Agent URL: http//www.chriscooketeam.com

Property History for 5418 Reisterstown Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5418 Reisterstown Road

Taxable ValueLand$26,400Additions$111,000Total$137,400
Tax Record2023$3,243 ($270 / month)
Home Facts
Baths4Total Finished SqFt3,188 SqFtAbove Grade Finished SqFt3,188 SqFtStories2Lot Size2,200 SqFtStyleOffice BuildingYear Built1923ZoningC-2CountyBALTIMORE CITYAPN28-01-4510 -029Fireplace TypeHas Fireplace

Schools near 5418 Reisterstown Road

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
Arlington Elementary School
PublicPK to 5

Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

Frederick Douglass 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Berkshire Hathaway HomeServices Homesale 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 08/16/2022 09:14 PM