1422 Madison Avenue
Baltimore, MD 21217
- – beds
- – baths
- 4,053 sqft
- 2,552 sqft lot
- $134 per sqft
- 1920 build
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Discover this beautifully renovated four-level building nestled in the historic and character-rich Madison Park Community. This property offers a unique investment opportunity with room for expansion in the basement and parking for two vehicles at the rear. The building features a diverse range of apartments, each boasting its own charm and modern amenities and separately metered. On the third floor, find a spacious three-bedroom, two-bathroom unit, while the second floor a two-bedroom, two-bathroom apartment. The first floor offers a two-bedroom unit with 2.5 bathrooms. Each apartment is graced with high ceilings, large windows, and captivating streetscape views, enhancing with each level. Additional features include modern laminated wood-finished flooring, light-filled living and dining areas, sizeable bedrooms, ample closet space, and central heating. The first-floor apartment is currently rented for $1,400 monthly, and the third floor for $1,500, with all tenants up-to-date on payments. The second-floor apartment is vacant, presenting an immediate move-in opportunity – perfect for house hackers or investors seeking to capitalize on an annual estimated cash flow of $51,600 from all three units. Located just minutes from the metro station, Mondawmin Mall, Maryland Zoo, Druid Hill Park, and downtown attractions like stadiums, restaurants, and shopping centers, this building offers both convenience and lifestyle. Professionally managed by RIC Property Management, it also holds active lead certifications and rental licenses for each unit, ensuring a hassle-free investment.
Listing courtesy of BRIGHT / Bennett Realty Solutions
Last checked:
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Last updated Oct 17, 2024
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MLS# MDBA2111066 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Year Major Reno/Remodel:2022
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Roof:Asphalt
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New Construction:No
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Construction Materials:Brick
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Building Units Total:1
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Structure Type:Interior Row/Townhouse
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Historic:Yes
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Architectural Style:Traditional
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Security Features:Carbon Monoxide Detector(s), Fire Detection System, Exterior Cameras
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Window Features:Wood Frame
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Accessibility Features:None
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Foundation Details:Block, Brick/Mortar
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1350
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Floor Plan - Open
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Room Count:11
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Flooring Type:Luxury Vinyl Plank
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Fireplace:No
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Wall & Ceilings:9'+ Ceilings, Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:5403
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Living Area SqFt:4,053 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Buyer Financing:Conventional
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Possession:Immediate
Location
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Directions:Google Maps
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Latitude:39.30431000
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Longitude:-76.62894000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Excellent, Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,552 Sqft
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Zoning:R-7
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 823-5937
- Office phone:
- (301) 459-5040
Taxes
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Tax ID Number:0314120378 012
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Tax Year:2023
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Tax Lot:012
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Tax Annual Amount:$2,088
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Tax Assessed Value:$88,467
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Year Assessed:2023
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County Tax:99.00
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City/Town Tax:1989.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Fiber Optic, Cable, Fixed Wireless, LTE
Appliances
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Appliances:Washer, Dryer, Stove
Schools
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School District Name:Baltimore City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Madison Park Historic District
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Driveway
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Parking Features:Concrete Driveway
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Driveway - # of Spaces:2
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:2
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/24
Apr 17, 2024
|
Sold | BRIGHT | $545,000 | -5.2% |
3/27/24
Mar 27, 2024
|
Pending | BRIGHT | $575,000 | |
3/6/24
Mar 6, 2024
|
Sold Subject To Contingencies | BRIGHT | $575,000 |