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3301 Guilford Avenue

Baltimore, MD 21218

– beds
– baths
2,606 sqft
1,936 sqft lot
$193 per sqft
1915 build

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Discover an exceptional investment opportunity located directly across from Union Memorial MedStar Hospital, home to over 2,500 employees, and just two blocks from Johns Hopkins Homewood University, a hotspot for student housing. This prime location offers significant value-add potential through interior improvements and rent increases, promising long-term wealth growth and appreciation for Charles Village investors. Don't miss out on capitalizing on this high-demand area! This savvy landlord has implemented a utility bill-back ratio for water service, public service electric and heating fuel, enhancing monthly cash flow. A central gas-fired hot water boiler provides heating through radiator distribution, while a central gas-fired water heater supplies hot water to the units. The observable interior supply lines consist of galvanized, copper, and plastic materials, and the observable drain lines are a mix of steel and PVC. The building features five electric meters, with electrical panels containing a combination of Federal Pacific and Square D breakers. Leases include built-in 5% rent increases upon renewal; automatically increase your rental income each year with this investment property. This 4-unit multi-family building, located across from Union Memorial, is a large end-of-group. The extra south-facing windows provide ample natural sunlight to the apartments. Kitchen counters are a mix of Formica, granite or porcelain. Cabinets are either metal or wood. Bathrooms have either steel or cast-iron tubs, all with ceramic tile-surrounds. The walls are a mix of plaster and drywall, and the ceilings include Celotex, drywall, plaster, and drop tile. A covered porch provides a welcoming entrance, and tenants appreciate the free laundry facilities in the basement. The brick garages at the rear of the property each have large wooden doors. In addition to being across the street from one of Baltimore City’s major employers, 3301 Guilford is 1 block to the Johns Hopkins Shuttle Bus, 1 block to the Charles Village Shopping District and just 2 blocks from Johns Hopkins University Homewood Campus. Located in the Oakenshawe neighborhood, just north of Charles Village, 3301 is patrolled by both Johns Hopkins and Union Memorial security. This location earns a “Walker’s Paradise” Walk Score of 94; a Transit Score of 67; and a Bike Score of 82.

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# MDBA2132774 —

The Building

Year Built:

1915
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

4
Structure Type:

End of Row/Townhouse
Historic:

No
Architectural Style:

Converted Dwelling
Accessibility Features:

None
Foundation Details:

Stone
Total SqFt Source:

Assessor
Total Below Grade SqFt:

792
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2606

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3098
Living Area SqFt:

2,606 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Conventional
Possession:

Settlement, Subject to Existing Lease

Location

Directions:

GPS
Cross Street:

33rd Street
Latitude:

39.32876000
Longitude:

-76.61329000

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Estimated
Lot Size Dimensions:

22' x 88'
Lot Dimensions Source:

Estimated
Lot SqFt:

1,936 Sqft
Inclusions:

4 gas ranges, 4 refrigerators, 1 clothes washer, 1 clothes dryer
Exclusions:

Tenants' possessions excluded
Zoning Description:

Licensed for 4 Dwelling Units.
Zoning:

R-6
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Ground Rent Exists:

Yes
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0312203872B033
Tax Year:

2024
Tax Lot:

033
Tax Annual Amount:

$6,373
Tax Assessed Value:

$285,867
Year Assessed:

2024
County Tax:

302.00
City/Town Tax:

6070.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

Charles Village
Pool:

No Pool
Municipal Trash:

Yes

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Additional Storage Area
Garage Spaces:

2.00
Type of Parking:

Detached Garage
# of Detached Garage Spaces:

2

Extra Units

Vacation Rental:

No
One Bedroom Units:

2
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/17/24 Oct 17, 2024	Sold	BRIGHT	$505,000	-12.2%
8/9/24 Aug 9, 2024	Pending	BRIGHT	$575,000
7/16/24 Jul 16, 2024	Listed / Active	BRIGHT	$575,000

Multifamily Sold on 10/17/2024

$505,000

Listing provided by broker:

Will A Cannon III

Ben Frederick Realty, Inc.

info@benfrederick.com

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Listing Courtesy of: BRIGHT and Ben Frederick Realty, Inc..

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

3301 Guilford Avenue

Baltimore, MD 21218