519 S Washington Street
Baltimore, MD 21231
- – beds
- – baths
- 1,852 sqft
- $207 per sqft
- 1920 build
Captivating Multi-Unit Investment Opportunity in Fells Point. Welcome to an extraordinary investment opportunity in the highly sought-after Fells Point neighborhood. This licensed multi-unit end-of-group property features: Separate Utilities: Each unit boasts its own gas and electric meters, water heaters, and HVAC systems. Versatile Layout: The main level includes a front commercial space with a full bath, alongside a one-bedroom, one-bath apartment. Upper Levels: The second floor hosts a one-bedroom, one-bath apartment, while the third level offers a cozy studio apartment. Current Tenancy: The commercial space is vacant and requires minor work. The first-floor apartment rents for $1,150/month, and the second-floor apartment rents for $1,100/month. The third-floor studio is currently vacant. Income Potential: With projected gross rental income of over $3,500/month, this property presents a lucrative opportunity for savvy investors. Don't miss out on this rare find in a vibrant community! Zoning is for 3 dwelling units. Buyer to verify what options are available for the commercial space.
Listing courtesy of BRIGHT / Keller Williams Gateway LLC
Last checked:
Checking…
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Last updated Jan 16, 2025
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MLS# MDBA2151460 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Roof:Composite
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New Construction:No
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Construction Materials:Brick
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Building Levels:4
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Building Units Total:4
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Structure Type:End of Row/Townhouse
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Architectural Style:Federal
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Window Features:Double Pane
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Connecting Stairway, Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:325
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:2177
Interior
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Interior Features:Bathroom - Soaking Tub, Ceiling Fan(s), Kitchen - Eat-In, Window Treatments, Wood Floors
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2177
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Living Area SqFt:1,852 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
Location
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Directions:please follow GPS
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Latitude:39.28524000
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Longitude:-76.58851000
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Location Type:Urban
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Features:Corner
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Lot SqFt:0 Sqft
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Zoning:R-8
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View:Street
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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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Ground Rent Exists:Yes
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 245-6476
- Office phone:
- (443) 318-8800
Taxes
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Tax ID Number:0302071783 036
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Tax Year:2024
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Tax Lot:036
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Tax Annual Amount:$7,018
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Tax Assessed Value:$297,367
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Year Assessed:2024
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County Tax:333.00
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City/Town Tax:6685.00
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Total Taxes Payment Frequency:Annually
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:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV Available
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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
Appliances
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Appliances:Built-In Microwave, Dryer, Oven/Range - Gas, Refrigerator, Washer
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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Exterior Features:Sidewalks
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Pool:No Pool
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
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Single Room Units:2
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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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/16/25
Jan 16, 2025
|
Listed / Active | BRIGHT | $385,000 |