407 N Collington Avenue
Baltimore, MD 21231
- – beds
- – baths
- 1,410 sqft
- 1,275 sqft lot
- $141 per sqft
- 1910 build
16.5% ROI - 9.3% Cap Rate - 9% COC - Ideal Investment Opportunity! Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den or second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1,100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds – comfortable living spaces and excellent income potential. Both units are separately metered for gas and electric and have separate entrances within a common foyer. Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence. Sold As-Is.
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Jan 23, 2025
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MLS# MDBA2150852 —
The Building
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Year Built:1910
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Year Built Source:Assessor
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Roof:Flat, Rubber, Tar/Gravel
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New Construction:No
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Construction Materials:Brick
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Building Levels:2
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Traditional
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Door Features:Double Entry
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Security Features:Carbon Monoxide Detector(s), Security Gate, Window Grills
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Window Features:Double Hung, Double Pane, Replacement
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Unfinished
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt:705
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Total Below Grade SqFt Source:Assessor
Interior
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Room Count:9
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Flooring Type:Hardwood, Laminate Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2115
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Living Area SqFt:1,410 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Possession:Settlement, Negotiable, Immediate, Coin w/Sell Sett
Location
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Directions:Follow GPS
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Cross Street:Orleans St
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Latitude:39.29595188
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Longitude:-76.58637578
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Good, Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Estimated
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Lot Size Dimensions:15'x85'
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Lot Dimensions Source:Estimated
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Lot Features:Rear Yard
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Lot SqFt:1,275 Sqft
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Zoning:R-8
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In City Limits:Yes
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Outdoor Living Structures:Enclosed, Patio(s)
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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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (443) 510-3691
- Office phone:
- (888) 860-7369
Taxes
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Tax ID Number:0306041670 004
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Tax Year:2025
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Tax Lot:004
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Tax Annual Amount:$3,707.56
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Tax Assessed Value:$163,900
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Year Assessed:2023
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City/Town Tax:3531.61
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Electric Available, Natural Gas Available, Water Available, Sewer Available, Cable TV Available
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Sewer/Septic:Public Sewer
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Electric Service:120/240V, 100 Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Built-In Range, Refrigerator
Schools
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Elementary School:Commodore John Rogers Elementary Middle School
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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:Care
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Exterior Features:Fire Escape
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:Yes
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Transportation:Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
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Cap Rate:9.30
Parking
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Garage:No
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Type of Parking:On Street
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Parking Features:Public
Extra Units
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:2
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 |
---|---|---|---|---|
1/23/25
Jan 23, 2025
|
Listed / Active | BRIGHT | $200,000 | |
1/19/25
Jan 19, 2025
|
Sold Subject To Contingencies | BRIGHT | $200,000 | |
1/3/25
Jan 3, 2025
|
Listed / Active | BRIGHT | $200,000 |