$595,000
$595,000
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324 PARK AVE Baltimore, MD 21201
3,528 SqFt
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $168
MLS Listing ID MDBA2095734
Sold Date 09/29/23
Style Federal
Abv Grd Liv Area 3,528
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,420
Tax Year 2023
Lot Size 1,442 Sqft
Acres 0.03
Property Description
Totally renovated and fully leased turn-key cash flow positive mixed-use commercial property in downtown Baltimore.
Property Details
First floor commercial clothing store has been in this location since 2007. This store has taken over the basement space for storage and is partially finished.
Second floor has 2 bedrooms plus a home-office/3rd bedroom, 2 full bathrooms, and a kitchen with vinyl tile floor, wood cabinets, laminate counter, 30″ stainless steel electric range and refrigerator. Third floor is a two-bedroom, two-bath apartment with hardwood floors in the living areas, ceramic tile bathroom floor. The third floor kitchen has wood cabinets, laminate counters, 30″ electric range, dishwasher, built-in microwave, and refrigerator with ice maker.
Who Pays Which Utilities
The landlord pays for water. Each tenant pays their own gas and electric for their heat, air conditioning, hot water, and electric service. The city picks up the trash, which is included in the property taxes.
About the Location…
Centrally located in Downtown Baltimore City with much activity and development close by. The main branch of the Enoch Pratt Free Library is around the corner. The Archdiocese of Baltimore main offices are around the corner as is the Historic Basilica of the Assumption Church, the first Catholic Cathedral built in the United States. The Baltimore Light Rail and Metro Subway stations are both within 2 blocks. The 300 block of Park Avenue is known as Little China Town, with a number of Chinese restaurants. Three major apartment buildings, Mulberry at Park Apartments at 211 W. Mulberry Street, 500 Park Ave and 520 Park Ave, are located within 1 block.
Location
State MD
County Baltimore City
Zoning C-5HS
Interior
Hot Water Electric
Heating Forced Air
Cooling Energy Star Cooling System
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0304020578 037
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Randolph B Perrin • Washington Area Properties, LLC