CHARIS REALTY GROUP

Federal

1707 GWYNNS FALLS PARKWAY

BALTIMORE , MD 21217

MLS#: MDBA2204376

$297,000

Status: Active
Listing number: MDBA2204376
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 21 hours ago
New on site 2 days ago
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Property

Beds

1

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,574

Excellent investment opportunity at 1707 Gwynns Falls Parkway in Baltimore! This fully leased multi-unit property offers steady rental income and strong long-term investment potential. The building has been well maintained and ready for a new owner. The building features three separately metered units. There is a separate meter in the basement, if you want to add another unit in the future. All tenants are currently on month-to-month leases. There is a parking pad in back of property. Unit 1: Studio | 1BA w/ Balcony – Currently rented for $950/month. Unit 2: 1BR +| 1BA w/ Balcony – Currently rented for $1,050/month. Unit 3: Studio| 1BA (larger) – Currently rented for $965/month. Income: Total gross monthly rent: $2,965, with opportunity to increase rents through improvements and market adjustments. Tenants pay $65 water fee monthly. Conveniently positioned near major commuter routes and city amenities, this home offers solid upside in a growing area. You don't want to miss this opportunity.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    1

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2574.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Assigned, Paved, Other

  • Patio and Porch Features

    Deck

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Federal

Price

  • Sales Price

    $297,000

  • Tax Amount

    $3,984

  • Sq. Footage

    2, 574

  • Price/SqFt

    $115

HOA

  • Association

    No

School District

  • Elementary School

    GWYNNS FALLS

  • Middle School

    NORTHEAST

  • High School

    EDMONDSON-WESTSIDE

Property Features

  • Foundation Details

    Brick/Mortar, Concrete Perimeter

  • Tax Lot

    004

  • Water Source

    Public

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Location

County

BALTIMORE CITY

Elementary School

GWYNNS FALLS

Middle School

NORTHEAST

High School

EDMONDSON-WESTSIDE

Listing Courtesy of Kimberlie Mosley , EXP Realty, LLC

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Agent Phil Herbert

AGENT

Phil Herbert

Call Phil today to schedule a private showing.

(240) 397-1779

phil@charisrealty.com


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Excellent investment opportunity at 1707 Gwynns Falls Parkway in Baltimore! This fully leased multi-unit property offers steady rental income and strong long-term investment potential. The building has been well maintained and ready for a new owner. The building features three separately metered units. There is a separate meter in the basement, if you want to add another unit in the future. All tenants are currently on month-to-month leases. There is a parking pad in back of property. Unit 1: Studio | 1BA w/ Balcony – Currently rented for $950/month. Unit 2: 1BR +| 1BA w/ Balcony – Currently rented for $1,050/month. Unit 3: Studio| 1BA (larger) – Currently rented for $965/month. Income: Total gross monthly rent: $2,965, with opportunity to increase rents through improvements and market adjustments. Tenants pay $65 water fee monthly. Conveniently positioned near major commuter routes and city amenities, this home offers solid upside in a growing area. You don't want to miss this opportunity.

1707 GWYNNS FALLS PARKWAY

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