Welcome to this meticulously remodeled triplex, ideal for investors or owner-occupants seeking a move-in-ready property with significant rental potential. This three-unit building includes two spacious 3-bedroom, 2-bath apartments on the first and second floors, each with a private ensuite bath. The third-floor unit features a well-designed 2-bedroom, 2-bath layout, also with an ensuite for added comfort. Highlights of this property include: All-new vinyl flooring throughout each unit Brand-new kitchen appliances with warranties, ensuring reliability and longevity All-new windows, HVAC systems with new ductwork, and updated gas lines Fully overhauled plumbing, including new drain and supply lines Separate meters for each unit, plus a common area meter for shared spaces Each unit showcases a modern kitchen with soft-close shaker cabinets, granite countertops, and a subway tile backsplash. The metal fire escape has been recently repaired and painted, ensuring safety and durability. The building also boasts a converted rear parking lot with spaces for up to four cars, an invaluable feature for tenants. The spacious basement includes an owner’s closet and hookups for two laundry systems, providing the potential to add coin-operated machines for extra income. With FHA loan eligibility and extensive upgrades, this triplex combines modern comforts with excellent income potential and minimal upkeep. Don’t miss this rare opportunity to own a turnkey rental property that’s ready to generate income from day one.
Sold for $675,000 on 03/27/25
$675,000
1816 Madison Ave, Baltimore, MD 21217
8beds
--baths
3,135sqft
Townhouse
Built in 1920
-- sqft lot
$684,300 Zestimate®
$215/sqft
$1,887 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 05, 2024 at 11:10am
Listed by:
Chase Kincer 540-589-8309,
VYBE Realty
Bought with:
Shae B Brown
EXP Realty, LLC
Source: Bright MLS,MLS#: MDBA2146064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 1045
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Refrigerator, Stainless Steel Appliance(s), Oven/Range - Gas, Cooktop, Gas Water Heater
Features
- Open Floorplan, Primary Bath(s), Upgraded Countertops, Dry Wall, High Ceilings
- Flooring: Ceramic Tile, Laminate, Luxury Vinyl
- Windows: Double Pane Windows, Replacement
- Has fireplace: No
Interior area
- Total structure area: 4,180
- Total interior livable area: 3,135 sqft
Property
Parking
- Total spaces: 4
- Parking features: On Street, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0314130330 009
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Built-Up
Condition
- Excellent
- 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 Right To Sell
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$684,300
2% more+$13,686
With Zillow Showcase(estimated)$697,986