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7689 Baltimore Annapolis Boulevard

Glen Burnie, MD 21060

– beds
– baths
2,832 sqft
5,475 sqft lot
$181 per sqft
1940 build

It is possible to both own a statement property and make a lot of money! This showcase triplex (called "B&A Bungalows") sits at a corner location on B&A Blvd. It's been lauded by the community as a property that has been wonderfully renovated and operated. The fully fenced corner lot has four off-street parking spaces + a carport, a separate shed with power, and a large landscaped yard. The building consists of a 3 bedroom apartment on the ground floor and 2 separate studios on the bottom floor. The upstairs and downstairs are separately metered. The property was fully renovated in the '21 - '22 timeframe. This included on the exterior: new fencing, upgraded parking, upgraded landscaping, new paint, new exterior LED lighting, new awnings, new roof and gutters on main building and shed, among others. This included on the interior: completely remodeled with paint, lighting, flooring, baseboard heaters, window mounted a/c's, new bathrooms, new appliances (fridge, washer/dryer, etc), etc, etc. There is a boiler that provides for hot water and heat upstairs that is < 10 years old and in great shape. The upstairs includes a beautiful original wood flooring that was rehabilitated. Bottom line - no deferred maintenance. It is fully legal (permits and licenses) and lead free. The building is fully leased and very easy to occupy. It brings in $52,740 in annual gross rent from the 3 units. It is being sold at a current cap rate of 8.0%, based on actuals. Showing requirements: we will not show the property unless a potential buyer has driven by it and provides some proof of funds or financing. We will not carry financing.

Listing courtesy of BRIGHT / Taylor Properties

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# MDAA2094182 —

The Building

Year Built:

1940
Year Built Source:

Estimated
Year Major Reno/Remodel:

2021
New Construction:

No
Construction Materials:

Aluminum Siding, Block
Structure Type:

Detached
Architectural Style:

Ranch/Rambler
Historic:

No
Building Levels:

2
Building Units Total:

3
Roof:

Shingle
Accessibility Features:

2+ Access Exits
Foundation Details:

Block
Basement:

Yes
Basement Type:

Outside Entrance, Side Entrance, Daylight, Partial
Total SqFt Source:

Estimated
Total Below Grade SqFt:

1416
Total Below Grade SqFt Source:

Estimated

Interior

Flooring Type:

Vinyl, Wood
Fireplace:

No
Wall & Ceilings:

Dry Wall, Block Walls
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2832
Living Area SqFt:

2,832 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, FHA, Conventional, VA
Possession:

Immediate

Location

Directions:

map it
Latitude:

39.15348000
Longitude:

-76.59663000

The Property

Property Subtype:

Triplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.13
Lot Size Source:

Estimated
Lot SqFt:

5,475 Sqft
Exclusions:

Items and tools in shed
Zoning:

R5
In City Limits:

No
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

011
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

020354009329600
Tax Year:

2019
Tax Lot:

19
Tax Annual Amount:

$2,577
Tax Assessed Value:

$223,700
Year Assessed:

2020
County Tax:

2279.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiant, Baseboard - Electric
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

High School:

GLEN BURNIE
School District Name:

Anne Arundel County Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool
Spa:

No
Association Recreation Fee:

No
Cap Rate:

8.00

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Attached Carport, Driveway, Off Street
# of Attached Carport Spaces:

2

Extra Units

Vacation Rental:

No
Single Room Units:

2
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Price Changed	BRIGHT	$515,000	-1.9%
10/7/24 Oct 7, 2024	Price Changed	BRIGHT	$525,000	-4.5%
9/11/24 Sep 11, 2024	Listed / Active	BRIGHT	$549,900

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This multifamily located in Glen Burnie, MD 21060 is currently for sale for $515,000. 7689 Baltimore Annapolis Boulevard is a 2,832 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Marley Middle School, Marley Elementary School, and Glen Burnie High School.

Listing Courtesy of: BRIGHT and Taylor Properties.

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.