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3411 Guilford TERRACE, Baltimore, MD 21218 (MLS # MDBA480064)

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PRICE $260,000
BEDS 3
BATHS 3 full
HOME SIZE 1,839 sq ft
LOT SIZE 2,150 sqft

3 large 1-bedroom apartments are all vacant and in need of various stages of renovation. Located in Oakenshawe (nestled between Guilford & Charles Village) this apartment building sits on a quiet, tree-lined street. 3411 is one of just two multi-family properties on Guilford Terrace; all others are single-family, mostly owner-occupied. This neighborhood is patrolled by Johns Hopkins Campus security, Union Memorial Hospital security, Guilford security, and Charles Village security as well as the BCPD, and is just steps away from the shops in Charles Village.Recent improvements include new shingle & composite roof, 2 new skylights, new chimney cap, and all new plumbing by Saffer Plumbing under permit no. COM2019-59380. All replacement windows except one on first floor and those in basement. Equipped with separate gas & electric meters for each apartment. Basement has on-site laundry and space for storage. Steel fire escape and large metal 2nd floor deck are in excellent condition. 2-car parking pad in rear.Building needs renovation including updating bathrooms, kitchens, floors, and HVAC. Similar renovated 1-bedroom apartments on this block rent for $1,350. Bring your contractor and add value to this investment opportunity!OFFERING SUMMARY:$260,000$90,000 repair budget$116,667 price per unit (including repairs)8.0 Times Projected Annual Rent (GRM)8.98% Cap Rate14.5% Projected cash-on-cash return on investment

DAYS ON MARKET 8 LAST UPDATED 8/17/2019
YEAR BUILT 1918 COMMUNITY Baltimore City
COUNTY Baltimore City STATUS Pending
PROPERTY TYPE(S) Multi-Family, Multi-Family / Triplex, Residential Income / Row/Townhouse

SCHOOLS
School District Baltimore City Public Schools


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES None
ARCHITECTURAL STYLE Traditional
AUTOMATICALLY UPDATE TAX VALUES Y/N Y
BASEMENT TYPE Daylight, Full, Partial, Unfinished
BASEMENT YN Y
CENTRAL AIR YN Y
CITY/TOWN TAX 5075.00
CITY/TOWN TAX PYMNT FREQ Annually
CONSTRUCTION MATERIALS Brick, Stone
COOLING FUEL Electric
COOLING TYPE Central A/C, Window Unit(s)
COUNTY TAX 252.00
COUNTY TAX PYMNT FREQ Annually
CROSS STREET UNIVERSITY
ELECTRIC AVG Month / 44.0
ELECTRIC PREV 12 MONTHS 528.0
ELECTRIC SERVICE 100 Amp Service, Circuit Breakers, Fuses
EXCLUSIONS owners' storage in basement will be removed prior
FIREPLACES COUNT 1
FLOORING TYPE Hardwood
FOUNDATION DETAILS Stone
HEATING FUEL Electric, Natural Gas
HEATING TYPE Baseboard - Electric, Forced Air
HEATING YN Y
HOT WATER Natural Gas
IN CITY LIMITS YN Y
INCOME INCLUDES Apartment Rentals, Parking
INTERIOR FEATURES Skylight(s), Wood Floors
LAND USE CODE 003
LISTING AGREEMENT TYPE Exclusive Right
LISTING SERVICE TYPE Full Service
LIVING AREA SQFT SOURCE Assessor
LOT SIZE DIMENSIONS 21.5x100
LOT SIZE SOURCE Assessor
LOT SIZE UNITS Square Feet
MUNICIPAL TRASH Y/N Y
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 3
OTHER UNITS Unit 1, Unit 2, Unit 3
OUTDOOR LIVING STRUCTURES Deck(s), Porch(es)
OWNERSHIP INTEREST Fee Simple
PARKING FEATURES Gravel Driveway
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION Immediate, Negotiable
PRICE PER SQFT 141.38
PROPERTY CONDITION Needs Work, Rehabilitation Potential
PROPERTY SUB TYPE Triplex
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
ROOF Asphalt, Flat, Pitched
SCHOOLDISTRICTSOURCE Listing Agent
SECURITY FEATURES Main Entrance Lock
SEWER SEPTIC Public Sewer
SINGLE ROOM UNITS COUNT 0
STANDARD STATUS Pending
STRUCTURE TYPE Row/Townhouse
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 5345.0
TAX ASSESSED VALUE 226467.0
TAX LOT 022
TAX TOTAL FINISHED SQFT 1839
TAX YEAR 2018
THREE BEDROOM UNITS COUNT 0
TIDAL WATER YN N
TOTAL SQFT SOURCE Assessor
TOTAL TAXES PYMNT FREQ Annually
TRANSPORTATION Bus Stop less than 1 mile
TWO BEDROOM UNITS COUNT 0
TYPE OF PARKING Off Street
VACATION RENTAL YN N
WALL & CEILING TYPES Plaster Walls
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
WINDOW FEATURES Double Pane, Vinyl Clad
YEAR ASSESSED 2019
YEAR BUILT SOURCE Public Records
ZONING R-6
ZONING DSCRP 3 Dwelling Units

ZESTIMATE
$253829  3411 Guilford TERRACE, Baltimore, MD

RENT ZESTIMATE
$2000 / mo.  3411 Guilford TERRACE, Baltimore, MD

93 Walker's Paradise



 
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Listed with Ben Frederick Realty, Inc.
Information is deemed reliable but not guaranteed.
Copyright © 2019 Bright MLS, Inc.
Last Updated: 8/20/19 8:03 PM PDT