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319 S Augusta Avenue

BALTIMORE, MD 21229
  • $335,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: MDBA2122004
UPDATED: 43 min ago
$335,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,108
    SQFT
  • $159
    $/SQFT
Type:
Multi-Family
Built:
1916
County:

School Information

Description

Seller offering $7,000 credit. This versatile triplex offers an excellent opportunity for both investors and owner-occupants alike. Situated in a convenient location, this property presents a prime chance to live in one unit while generating rental income from the other two, or to expand your rental portfolio with minimal effort. Bring your tools and add your finishing touches for maximum profit. With three separate units, including two spacious one-bedroom units which can rent for up to $1100/month and one comfortable two-bedroom unit which can rent for up to $1250/month. The two bedroom unit can also be rented as a rooming unit to bring in even more rental income. Rooms can be rented for up to $800/month (w/ utilities included). This property offers flexibility and potential for lucrative returns. Whether you're a seasoned investor or just starting out, this triplex provides a solid foundation for growing your rental portfolio. Potential rental income estimated at $41,000/year. This property has been updated with fresh paint, a new roof coating, new floors, some appliances, central a/c on the first floor, in unit laundry and so much more. Add your personal touches, make a few updates and start generating income immediately. This home is located in a desirable area, close to amenities, transportation, and major thoroughfares, making it attractive to tenants and ensuring high occupancy rates.Don't miss out on this opportunity to capitalize on the booming rental market and secure your financial future. Don't wait to seize this opportunity to own a profitable investment property in a prime location. Contact us today to schedule a viewing and unlock the potential of 319 S Augusta Ave!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-23T07:50:38.02.
www.soldbybroc.com/homes/149405548
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319 S Augusta Avenue BALTIMORE, MD 21229

  • Price: $335,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 43 min ago
  • ID#: MDBA2122004
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2,108
SQFT
$159
$/SQFT
1916
Built
County:
Baltimore City
Elementary School:
Beechfield
Middle School:
Booker T. Washington
High School:
Augusta Fells Savage Institute Of Visual Arts
School District:
Baltimore City Public Schools
Property Description
Seller offering $7,000 credit. This versatile triplex offers an excellent opportunity for both investors and owner-occupants alike. Situated in a convenient location, this property presents a prime chance to live in one unit while generating rental income from the other two, or to expand your rental portfolio with minimal effort. Bring your tools and add your finishing touches for maximum profit. With three separate units, including two spacious one-bedroom units which can rent for up to $1100/month and one comfortable two-bedroom unit which can rent for up to $1250/month. The two bedroom unit can also be rented as a rooming unit to bring in even more rental income. Rooms can be rented for up to $800/month (w/ utilities included). This property offers flexibility and potential for lucrative returns. Whether you're a seasoned investor or just starting out, this triplex provides a solid foundation for growing your rental portfolio. Potential rental income estimated at $41,000/year. This property has been updated with fresh paint, a new roof coating, new floors, some appliances, central a/c on the first floor, in unit laundry and so much more. Add your personal touches, make a few updates and start generating income immediately. This home is located in a desirable area, close to amenities, transportation, and major thoroughfares, making it attractive to tenants and ensuring high occupancy rates.Don't miss out on this opportunity to capitalize on the booming rental market and secure your financial future. Don't wait to seize this opportunity to own a profitable investment property in a prime location. Contact us today to schedule a viewing and unlock the potential of 319 S Augusta Ave!
Exterior Features

Architectural Style Converted Dwelling Construction Materials Frame Exterior Features Fire Escape Garage YN No Parking Features Public Parking Types On Street Pool No Pool Property Condition Very Good Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2108 Appliances Oven/Range - GasRefrigeratorWasher/Dryer Stacked Basement Dirt Floor Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 688 Cooling Central A/C Fireplace YN No Flooring HardwoodCarpetVinyl Heating CentralBaseboard - Electric Heating YN Yes Inclusions Appliances Rooms Total 8 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished None Walls Ceilings Plaster WallsPaneled Walls

Property Features

Acceptable Financing CashNegotiableConventionalFHA Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel None Cross Street Frederick Rd. Elevators 0 Existing Lease Type None Foundation Details Other Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 600.00 Maintenance Expense 2500.00 Municipality Irvington/Yale Heights Navigable Water YN N Net Operating Income 32800.00 New Construction YN No Number Of Units Leased 0 Number Of Units Total 3 Number Of Units Vacant 3 Operating Expense 8000.00 Operating Expense Includes AdvertisingInsuranceSnow Removal Original MLSNumber 803001686520 Owner Pays Common Area MaintenanceLawn/Shrub CareManagementPest ControlRepairsSewer MaintenanceSnow RemovalTaxes - Real Estate Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2938.00 Tax Lot 018 Total Actual Rent 40800.00 Utilities Cable TV AvailableWater AvailableSewer AvailablePhone Not Available Vacation Rental YN No Water Source Public Window Features Storm Year Built Effective 2023 Zoning R-6

Listing courtesy of ExecuHome Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-23T07:50:38.02.
 
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