320 Highland Avenue South
Baltimore, MD 21224
MLS #BA10128827

Multi-Family
  • 10units
  • 3,340sq ft
$1,350,000
Est. P&I payment: $5156.09/mo
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Description for 320 Highland Avenue South, Baltimore, MD 21224
EXPANSIVE MULTI FAMILY OFFERING IN HIGHLANDTOWN - currently (4) leased 2bed/2.5bath apartments with building permit in hand to develop neighboring lot into (6) additional apartments with connecting elevator lobby. Sale also includes 3303 Gough Street which serves as parking and potential to develop 3-4 additional units. Many improvements made for phase 2 development - ready to build!
MLS #BA10128827
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My Notes for MLS #BA10128827

General Features

  • Property Type: Multi-Family
  • Type: Attach/Row Hse
  • Year Built: 1920
  • Total Units: 10
  • One Bedroom Units: 3
  • Two Bedroom Units: 7

Exterior Features

  • Exterior: Brick,​Brick and Siding
  • Stories: 4
  • Handicap: Elevator,​Other
  • Roof: Rubber
  • Parking: Assigned,​Drvwy/Off Str,​Private 11+ Spaces
  • Assigned Parking Spaces: 12
  • Water Front: N

Interior Features

  • Tax Total Living Area: 3,340
  • Basement: Y
  • Basement Entrance: Outside Entrance,​Rear Entrance
  • Basement Type: Fully Finished

Utilities Features

  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Forced Air
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 6,314.58
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 6,014.91
  • City Town Tax Payment Freq: Annually
  • County Tax: 299.68
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 307,500
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 60,000
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 367,500
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Gross Income: 204,000
  • Expenses: 15,444
  • Monthly Gross Rent: 17,000

Community Features

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Lease terms Mixed
  • Property Condition: Renov/Remod,​Shows Well,​To Be Built
  • New Construction: N
  • Year Converted: 2016
  • Year Renovated: 2016
  • Zoning Code: 2-2

Location

 
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The listing information for 320 Highland Avenue South, Baltimore, MD 21224 was graciously provided by our friends at the listing brokerage, RE/MAX Sails Inc.

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Last Updated 01/20/2018 at 12:02am
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