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24 W 25TH Street

BALTIMORE, MD 21218
  • $869,900
  • STATUS: Active Under Contract
  • ON SITE: 187 Days
  • ID#: MDBA2095890
Under Contract
$869,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Please note!! The actual address is 24 E 25th St. not West. Public records are incorrect. This beautifully renovated four level 4 unit building has been recently and completely updated . The HVAC systems are updated and modern. Exiting new FHA financing news in the last paragraph. Want to know where the next hot Baltimore neighborhood will be. Considering its historic character, grand scale architecture, current affordability and proximity to other desirable neighborhoods plus academic institutions such as Johns Hopkins University, JHU, The University of Baltimore, UB, the Maryland Institute College of art, MICA, and Downtown, look no further than the neighborhood know as Old Goucher . This 5,000 plus square foot Storefront, Townhome has been newly and expertly renovated. Each residential unit is approximately 1,300 SQ.FT. Nothing left to be done. It is literally a turnkey situation. It features 2, contemporary and beautifully renovated 2 bedroom, 2 bathroom apartments, a 1,300 sq. ft. 1 bedroom apartment that can be utilized as commercial space, if necessary and a lower level, English Basement, commercial space, currently leased. Some of the tasteful historic architectural elements such as exposed brick accent walls, original marble fireplace mantles and winding staircase have been retained in the renovation. The flooring is made of very wide plank oak hardwood and ceramic tile. The kitchens feature granite counters , stainless appliances and contemporary wooden cabinets. The bathrooms feature modern ceramic tile . Each of the 2 bedroom apartments, has two bathrooms, both feature a double vanity and a single vanity, both are equipped with shower tub combinations and a walk in closet. The apartments are located on the first, second and third floor of the building. Parking for residential apartment is provided at the rear of the building on a paved lot that can hold 6 cars. The renovations were guided by the sensibilities of a homeowner as opposed to an investor.This building is incredibly inviting. and turnkey. FHA has just come out with an owner occupied mixed use loan program, We believe this property fits their criteria. 51% of the property has to be committed to residential use. We exceed that criteria. The buyer has to reside in one of the residential units.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
www.bicdecaro.com/homes/142613087
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24 W 25TH Street BALTIMORE, MD 21218

  • Price: $869,900
  • Status: Active Under Contract
  • On Site: 187 Days
  • ID#: MDBA2095890
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
Neighborhood:
Old Goucher
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Please note!! The actual address is 24 E 25th St. not West. Public records are incorrect. This beautifully renovated four level 4 unit building has been recently and completely updated . The HVAC systems are updated and modern. Exiting new FHA financing news in the last paragraph. Want to know where the next hot Baltimore neighborhood will be. Considering its historic character, grand scale architecture, current affordability and proximity to other desirable neighborhoods plus academic institutions such as Johns Hopkins University, JHU, The University of Baltimore, UB, the Maryland Institute College of art, MICA, and Downtown, look no further than the neighborhood know as Old Goucher . This 5,000 plus square foot Storefront, Townhome has been newly and expertly renovated. Each residential unit is approximately 1,300 SQ.FT. Nothing left to be done. It is literally a turnkey situation. It features 2, contemporary and beautifully renovated 2 bedroom, 2 bathroom apartments, a 1,300 sq. ft. 1 bedroom apartment that can be utilized as commercial space, if necessary and a lower level, English Basement, commercial space, currently leased. Some of the tasteful historic architectural elements such as exposed brick accent walls, original marble fireplace mantles and winding staircase have been retained in the renovation. The flooring is made of very wide plank oak hardwood and ceramic tile. The kitchens feature granite counters , stainless appliances and contemporary wooden cabinets. The bathrooms feature modern ceramic tile . Each of the 2 bedroom apartments, has two bathrooms, both feature a double vanity and a single vanity, both are equipped with shower tub combinations and a walk in closet. The apartments are located on the first, second and third floor of the building. Parking for residential apartment is provided at the rear of the building on a paved lot that can hold 6 cars. The renovations were guided by the sensibilities of a homeowner as opposed to an investor.This building is incredibly inviting. and turnkey. FHA has just come out with an owner occupied mixed use loan program, We believe this property fits their criteria. 51% of the property has to be committed to residential use. We exceed that criteria. The buyer has to reside in one of the residential units.
Exterior Features

Construction Materials Brick Garage YN No Location Type Urban Lot Features Level Parking Features Paved Parking Parking Types Parking LotDriveway Property Condition Excellent Riparian Rights YN No Roof Unknown View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5148.00 Cooling Central A/C Flooring HardwoodTerrazzo Heating Hot Water Heating YN Yes Net Square Feet 5148.00

Property Features

Accessibility Features 36"+ wide Halls Annual Gross Expense 16238.00 Assessment Year 2023 Association Expense 350.00 Business Type Apartment BuildingOther Central Air YN Yes Cooling Fuel Electric Cross Street CHARLES Electric Expense 300.00 Elevators 0 Foundation Details Brick/Mortar Gross Income 79800.00 Heating Fuel Natural GasElectric Historic YN Yes Hot Water Natural Gas Lease Considered YN No Municipality Baltimore City Navigable Water YN N Net Operating Income 63561.00 New Construction YN No Number Of Units Total 4 Operating Expense 12000.00 Operating Expense Includes Pest ControlWaterElectricInsurance Original MLSNumber 802550701682 Owner Pays WaterMiscellaneousPest ControlRepairsTaxes - Real Estate Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Section 03 Sewer Public Sewer Tax Annual Amount 7528.00 Tax Assessment Amount 344033.00 Tax Lot 027 Total Actual Rent 79800.00 Trash Expense 0.00 Utilities Natural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning C-1 Zoning Description C COMMERCIAL2 COMMERCIAL UNITS PLUS Two 2BEDROOM 2BATH APARTMENTS

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
 
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