Listed By:
Ben Frederick Realty, Inc.
Address
628 E 37Th Street, Baltimore, MD
Price
$ 175,000
Property Attributes
  • MLS#MDBA2124382
  • TypeMulti-Family
  • CountyBALTIMORE CITY
  • CityBaltimore
  • NeighborhoodWaverly
  • Zip21218
  • StyleConverted Dwelling
  • Year Built1922
  • Taxes$ 2830
  • Price$ 175,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

> Renovated, Turn-Key Rental Home in Waverly Provides Stable Income with Reduced Maintenance Costs > Modern & Appealing Finishes are Desirable for Tenants, Ensuring High Occupancy Rates > One Mile from Union Memorial MedStar Hospital, Home to Over 2,500 Employees > From LiveBaltimore.com: Waverly boasts quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes. A bright and spacious open floor plan greets tenants as they enter from their covered porch. Recessed lighting and large windows compliment the hardwood floors. Tenants appreciate ample wood shaker cabinetry and granite counters in the kitchen, including a breakfast bar. A top-notch appliance suite keeps this property one step ahead of other rentals in the immediate area, including a French door refrigerator with bottom freezer, gas range, dishwasher and over-the-range microwave. Three bedrooms and a full bathroom are located on the second floor. The bathroom has a modern vanity and steel tub with ceramic tile tub-surround, which tenants can easily clean and maintain. The kitchen and bathroom have ceramic tile flooring; upstairs is carpeted. A full basement allows tenants additional storage space and access to a full-size washer and dryer. This Waverly investment property is easy to manage, as tenants are responsible for all utilities. The home is heated by a Columbia gas-fired hot-water boiler with radiator distribution. Tenants provide their own window air conditioners. A 40-gallon Rheem water heater, replaced in 2021, provides hot water. 100 amps serve the property. The main water supply is copper, saving a buyer worry and costly replacement in the future, with interior lines a mix of C-PVC and steel. All observable interior drain lines appear to be PVC. LiveBaltimore.com loves Waverly, stating quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes. Only one mile away from Union Memorial MedStar Hospital, and a little over a mile to Johns Hopkins University Homewood Campus. Loyola University is 1.5 miles northeast. The Waverly Y is within walking distance and offers an indoor pool with 4 swim lanes, 6,600 square foot fitness center and rock wall. There is plenty of green space nearby, as the neighborhood used to be home to Memorial Stadium, former home of the Baltimore Orioles. Now the Ripken Memorial Stadium Ball Field is a multiple use turf field, with full football field and 60 baseball diamond, open to the public. More and more investors are finding that nearby outdoor amenities, and not indoor amenities, lead to higher tenant retention. The proximity to the YMCA and Ripken Ball Field creates happier, longer-term tenants.

Price History
5/6/2024 Listed $175,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement,Subject to Existing Lease
Roof Rubber
Zoning R-7
Architectural Style Converted Dwelling
Construction Materials Brick
Exclusions Tenant's possessions excluded
Year Built 1922
Electric 100 Amp Service
Property SubType Other
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Section 20
Accessibility None
County BALTIMORE CITY
New Construction No
Property Type Multi-Family
Subdivision Name WAVERLY
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-05-11T04:45:39
City BALTIMORE
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State,Prop Disclaimer
Zoning Description Licensed for 1 dwelling unit.
Total Units 1
Lot Size Square Feet 1274.00
Tax Assessed Value 127867.0
Waterfront Y/N No
Street Name 37TH
Tax Annual Amount 2830.0
Home Warranty Y/N No
Property Condition Very Good
Structure Type Interior Row/Townhouse
Price Per Sq Ft 136.29
Vacation Rental Y/N No
Total SQFT 3310
Days on Market 6
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 9
Tax Lot 015
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor
Three Bedroom Units Count 1

Exterior Features

Pool No Pool
Water Source Public
Inclusions 1 fridge,1 gas range,1 microwave
Type of Parking None
Land Use Code R
Foundation Details Brick/Mortar
Water View Y/N No
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 30000.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 21218

Price
AVG $300K
$180K
Taxes
AVG $3,422
$2,830
Visits
AVG 158
65
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1922

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