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Off market
  • $281,200

    505 McMechen St, Baltimore, MD 21217

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $281,200 Zestimate®
    $--/sqft
    $1,595 Estimated rent

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    $1,807/mo

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    $1,807/mo

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    What's special

    MUST BE NO CONTINGENCIES, 20 DAY CLOSING USING GRANITE TITLE, $5,000 NON-REFUNDABLE DEPOSIT. HIGHEST AND BEST OFFERS REQUESTED BY OCTOBER 31,2020... Wonderful Opportunity. Legally zoned 3 unit building. Recently appraised at $330K. 50% LTV. That leaves $161K in equity to finish the project. Right next to Bolton Hill. Each unit is 1 bedroom, 1 full bath. Separate systems and meters.The property has been renovated and is 95% completed. New electric, plumbing,etc. Start earning income today. Potential rent $2700. Easy to show and easy to sell! Agents, please do not share combination with any unauthorized persons. Basement steps are not finished- proceed with caution! Seller requires Granite Title be used and no contingencies- inspections should be done prior to contract offers.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • None
    Features
    • Has fireplace: Yes

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 1,350 sqft
    Details
    • Parcel number: 14120362015
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Baltimore
    • Municipality: Baltimore City

    Other

    Other facts
    • Heating: Forced Air
    • HeatingYN: true
    • NumberOfUnitsTotal: 3
    • ConstructionMaterials: Brick
    • ArchitecturalStyle: Colonial
    • SpecialListingConditions: Standard
    • ParkingFeatures: On Street
    • MlsStatus: Pending
    • Municipality: Baltimore City
    • StructureType: Interior Row/Townhouse
    • TaxAnnualAmount: 1416.0
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $281,200
    2% more+$5,624
    With Zillow Showcase(estimated)$286,824