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.
Sold for $595,000 on 09/29/23
$595,000
324 Park Ave, Baltimore, MD 21201
4beds
--baths
3,528sqft
Townhouse
Built in 1920
-- sqft lot
$673,400 Zestimate®
$169/sqft
$2,556 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 04, 2023 at 04:37am
Listed by:
Will Cannon 410-916-3331,
Ben Frederick Realty, Inc.
Bought with:
Randy Perrin, BR215251
Washington Area Properties, LLC
Source: Bright MLS,MLS#: MDBA2095734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 1344
Heating
- Forced Air, Natural Gas
Cooling
- ENERGY STAR Qualified Equipment, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,872
- Total interior livable area: 3,528 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,442 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0304020578 037
- Zoning: C-5HS
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Baltimore
- Municipality: Baltimore City
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
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$673,400
2% more+$13,468
With Zillow Showcase(estimated)$686,868