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3310 Oakfield

Baltimore, MD 21207

– beds
– baths
3,095 sqft
7,250 sqft lot
$149 per sqft
1920 build

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This 5-unit property in Forest Park delivers a steady stream of guaranteed rents from program tenants. Renovated in 2018, this investment property comes equipped with updated electrical and plumbing systems, ensuring long-term stability and peace of mind for investors. The building sits on a large, tree-shaded lot and tenants can enjoy the quiet neighborhood on the large front porch. Inside each 1-bedroom apartment are laminate floors throughout the living spaces and ceramic tile floors in the kitchens and bathrooms. Kitchens feature laminate countertops, real wood cabinets and a mix of 18″, 24″ and 30″ electric ranges. Most bathrooms have modern vanities, steel tubs and ceramic tile tub surrounds, which tenants can easily clean and maintain. Apartment 3 has a shower stall with ceramic tile surround. All units are separately metered allowing tenants to pay their own utility bills. In 2020, this electric-only building was upgraded to 600 amps, with 100 amps to each apartment. Every apartment has its own electric heat pump and central air conditioning. Utility closets inside the individual units also house State Select 40-gallon electric water heaters. The landlord does pay for water, per the lease agreements. In 2022, the main sewer line from the house to the City connection was replaced, saving the next owner worry and money for costly repair. In April, 2024, a new asphalt-shingle roof was installed, along with gutters. LiveBaltimore notes that 59% of residents in Forest Park rent, so there is strong demand for affordable housing in the community. Tenants can enjoy many parks in the area, as 3310 Oakfield sits between Lake Ashburton and Forest Park Golf Course. Retail shops are located along Liberty Heights Parkway, with major grocery, ShopRite, less than 5 minutes away.

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# MDBA2107592 —

The Building

Year Built:

1920
Year Built Source:

Estimated
Year Major Reno/Remodel:

2018
Roof:

Asphalt
New Construction:

No
Construction Materials:

Frame
Building Levels:

3
Building Units Total:

4
Structure Type:

Detached
Historic:

No
Architectural Style:

Converted Dwelling
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Daylight, Partial, Rough Bath Plumb
Total SqFt Source:

Estimated

Interior

Wall & Ceilings:

Dry Wall
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

3095
Living Area SqFt:

3,095 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, Private
Buyer Financing:

Exchange/Trade, Cash
Possession:

Settlement, Subject to Existing Lease

Location

Directions:

GPS
Latitude:

39.32559000
Longitude:

-76.68690000

The Property

Property Subtype:

Other
Property Type:

Multi-Family
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.17
Lot Size Source:

Estimated
Lot SqFt:

7,250 Sqft
Inclusions:

5 fridges; 5 electric ranges
Exclusions:

Tenants' Possessions Excluded
Zoning:

R-3
In City Limits:

Yes
Other Structures:

Above Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0315022738 011
Tax Year:

2022
Tax Lot:

011
Tax Annual Amount:

$5,079
Tax Assessed Value:

$224,900
Year Assessed:

2022
County Tax:

241.00
City/Town Tax:

4838.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street, Driveway

Extra Units

Vacation Rental:

No
One Bedroom Units:

4
Two Bedroom Units:

1

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

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
8/1/24 Aug 1, 2024	Sold	BRIGHT	$462,500	-2.6%
4/25/24 Apr 25, 2024	Pending	BRIGHT	$475,000
1/10/24 Jan 10, 2024	Relisted	BRIGHT	$475,000

Multifamily Sold on 8/1/2024

$462,500

Listing provided by broker:

Will A Cannon III

Ben Frederick Realty, Inc.

ben@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.

3310 Oakfield

Baltimore, MD 21207