Listed By:
Midfield Realty
Address
499 Beaumont Avenue, Baltimore, MD
Price
$ 2,300,000
Property Attributes
  • MLS#MDBA2127664
  • TypeMulti-Family
  • CountyBALTIMORE CITY
  • CityBaltimore
  • Zip21212
  • Style
  • Year Built1985
  • Taxes$ 16336
  • Price$ 2,300,000
  • Bedrooms30
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Bright MLS
Property Description

**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.** Located at 499 Beaumont Ave, Baltimore, MD 21212, this property benefits from its close proximity to well-known universities like Johns Hopkins University, Loyola University, Towson University, and Morgan State University. Being within walking distance of Loyola University makes it even more appealing to potential tenants, ensuring a steady demand for rentals. This investment opportunity features a corner lot with 25 tenant parking spaces and a nearby bus stop for convenient commuting. Recently renovated, the property includes 15 units, each with 2 bedrooms and in-unit washer/dryers. It also houses 3 commercial spaces currently leased as doctor's offices. With the potential to increase rental income by 50%, this property is a great choice for real estate investors looking for stable returns and growth opportunities. Its excellent location and recent upgrades make it a promising investment for those seeking a profitable venture. Take the next step towards securing this prime investment opportunity by submitting your offer today. Don't wait any longer to capitalize on the potential for substantial returns and long-term growth. Contact us now to discuss your offer and move closer to making this property a valuable addition to your portfolio. **Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**

Price History
6/3/2024 Listed $2,300,000

General Features

Sewer Other
Heating Other
Cooling Other
Possession 0-30 Days CD
Zoning C-2
Architectural Style Other
Construction Materials Masonry
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1985
Property SubType Other
Tax Year 2024
Percent Ownership Other
Cool Fuel Other
Section 48
Accessibility None
County BALTIMORE CITY
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Please use GPS
ModificationTimestamp 2024-06-06T16:18:03
City BALTIMORE
Buyer Agent Compensation 1
NumberOfUnitsTotal 1
Tax Assessed Value 717600.0
Waterfront Y/N No
Tax Annual Amount 16336.0
Two Bedroom 15
Structure Type Other
Other Units Unit 1,Unit 2,Unit 3
Vacation Rental Y/N No
Days on Market 18
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 27
Tax Lot 020
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Other
Hot Water Other
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Pool No Pool
Parking Features Surface
Water Source Other
Type of Parking Other
Land Use Code M
Water View Y/N No
Land Assessed Value 99300.00
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 21212

Price
AVG $750K
$2.3M
Taxes
AVG $6,606
$16,336
Visits
AVG 72
106
Data Provided by Inside Real Estate®
Year Built
AVG 1944
1985

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Reno Pratt, Jr

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443-998-9213

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