401 S Mount Street
Baltimore, MD 21223
- 3 beds
- 1 bath
- – sqft
- 1915 build
**Exceptional Investment Opportunity – Fully Renovated Property with Tenant in Place** This property underwent a comprehensive renovation just a year ago, featuring brand-new plumbing, windows, electrical systems, and HVAC. Every inch of this home has been updated, ensuring modern comfort and reliability. The tenant currently pays $1,250 per month, including utilities. The lease term ensures minimal vacancy risk and turnover costs, providing immediate cash flow from day one. This is a turnkey investment with no renovation needed. You'll benefit from steady income since a reliable tenant is already in place. All necessary documentation is ready, including proof of lead-based paint certificate, Use & Occupancy (U&O), lease agreement, and rent roll. For savvy investors, this property offers an attractive return on investment. The property is priced to provide a deal that surpasses the 1% rule, making it a prime opportunity for immediate returns. Don’t miss out on this steal! Schedule an appointment today and secure this high-potential investment property.
Listing courtesy of BRIGHT / Real Broker, LLC
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# MDBA2128082 —
The Building
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Year Built:1915
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Structure Type:End of Row/Townhouse
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Architectural Style:Federal
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Levels:3
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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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 Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Subject to Existing Lease
Location
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Directions:On the corner
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Latitude:39.28273000
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Longitude:-76.64320000
The Property
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Property Type:Residential
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot SqFt:0 Sqft
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Zoning:R-8
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View: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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 219-7498
- Office phone:
- (855) 450-0442
Taxes
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Tax ID Number:0319100707 042
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Tax Year:2023
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Tax Lot:042
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Tax Annual Amount:$142
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Tax Assessed Value:$6,000
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Year Assessed:2023
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County Tax:7.00
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City/Town Tax:135.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Bedrooms Main Level:3
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1.00
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Main Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Private Sewer
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Hot Water:Electric
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Water Source:Public
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:Carrollton Ridge
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$100,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$535
|
Taxes | $11 |
Insurance | $27 |
Utilities | N/A |
Total | $573/mo.* |
*This is an estimate |
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 |
---|---|---|---|---|
8/30/24
Aug 30, 2024
|
Price Changed | BRIGHT | $100,000 | -13.0% |
7/3/24
Jul 3, 2024
|
Price Changed | BRIGHT | $115,000 | -8.0% |
6/14/24
Jun 14, 2024
|
Listed / Active | BRIGHT | $125,000 |