The property has 6 residential units and one retail space. No tenants at the moment. Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement. Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center. Multiple income streams: Combined residential and commercial units ensure stable cash flow. Ample street parking and easy access to transportation routes. The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art), presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and success, contribute to the vibrant community surrounding this property. The vacant units provide significant potential for increased revenue through renovation and leasing efforts.
Sold for $400,000 on 09/12/24
$400,000
1700 Madison Ave, Baltimore, MD 21217
2beds
--baths
7,560sqft
Townhouse
Built in 1920
-- sqft lot
$369,200 Zestimate®
$53/sqft
$1,602 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 15, 2024 at 04:54am
Listed by:
Mendel Dalfin 410-498-5408,
Midfield Realty
Bought with:
NON MEMBER
Non Subscribing Office
Source: Bright MLS,MLS#: MDBA2105486
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Basement
- Area: 0
Heating
- Other, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 7,560
- Total interior livable area: 7,560 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0314130341 001
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal,Traditional
- Property subtype: Townhouse
Materials
- Stone
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Baltimore
- Subdivision: Madison Park Historic District
- Municipality: Baltimore City
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Other
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$369,200
2% more+$7,384
With Zillow Showcase(estimated)$376,584