This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1110 - 1132 Shields Place, Baltimore, MD 21201
$1,465,000
1110 - 1132 Shields Place, Baltimore, MD 21201View this property at 1110 - 1132 Shields Place, Baltimore, MD 21201
1110 - 1132 Shields PlaceBaltimoreMD21201
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
This is a portfolio sale, consisting of 23 well maintained, fully leased and lead free investment properties. The portfolio includes: 1110 Shields, 1111 Shields, 1112 Shields, 1113 Shields, 1114 Shields, 1115 Shields , 1116 Shields, 1117 Shields, 1118 Shields, 1119 Shields, 1120 Shields, 1121 Shields, 1122 Shields, 1123 Shields, 1124 Shields, 1125 Shields, 1126 Shields, 1127 Shields, 1128 Shields, 1129 Shields, 1130 Shields, 1131 Shields, 1132 Shields. Owning your own block of identical rowhomes offers the investor cost savings in managing their time and their properties. The quiet one way block is neatly kept reflecting the pride of the current tenants and the landlord making this investment property with a 10.2% cash on cash return hard to beat. The investment property consists of 23 carbon copy contiguous rowhomes, which all feature 2 beds, 1 bath and offer 770 sq. ft. The rowhomes are split by a quiet one way street (Shields Place) and all have a small fenced back yard. The first floor consists of living room, dining area and kitchen that opens to a small yard. The second floor has two bedrooms, one in the front and one in the back with a bathroom in between. Each unit has its own basement, providing ample storage. The kitchens feature laminate countertops, wooden cabinets, 24 inch steel sinks with disposals, 30 inch gas ranges and refrigerators. All units offer hookups for washers and dryers in the kitchen. The bathrooms have modern vanities, steel tub with ceramic shower surround. All units have similar finishes, making maintenance efficient, saving costs and time. With lead free status, tenant turnover is a breeze and less costly. The rowhomes are separately metered for electric and gas, allowing tenants to pay their own utilities. The landlord currently keeps the water in their name and bills back to the tenants. Each unit has 100 amp electric service with breaker panels in the kitchen of each unit. The heat is supplied by a gas- fired, forced air furnace. Hot water is supplied by a mixture of 30 gallon and 40 gallon gas fired units. Each basement contains a gas meter, its own copper water main and sump pump. This quiet, colorful block tucked into the Upton neighborhood, garners a Walk Score of 90, a Bike Score of 60 and a Transit Score of 89. Camden Yards and M&T Bank Stadium are 1.5 miles away. The rapidly expanding University of Maryland BioPark and Hollins Market are within a mile. The Upton Community Garden is next door and the highly regarded Furman L Templeton elementary school is two blocks away. Price per unit - $65,217 Price per sq. ft. - $85 Cap rate - 9.29%
Full Property Details
Full Property Details for 1110 - 1132 Shields Pl
General
- Sold For: $1,465,000
- Taxes: $590 (2022)
- Status: Closed
- Type: Apartment
- MLS ID: MDBA2101874
- Added to Site: 206 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: Baltimore City
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,078
- Lot Size Source: Estimated
- Zoning: R-8
Financial Considerations
- Price Per Sq. Ft.: $1,298.7
- Assessment Year: 2023
- City/TownTax: $562
- City/TownTax Freq: Annually
- County Tax: $28
- County Tax Freq: Annually
- Tax w/Assessment: $25,000
- Tax Amount: $590
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 82
Listed and Sold by Ben Frederick Realty, Inc., Will A Cannon III
Get Pre-Approved Today
Schools
Schools serving 1110 - 1132 Shields Pl
School District:Baltimore City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1200 Pennsylvania Ave, Baltimore, MD 21217 | PK-5 | 0.1 mi | |
1300 Gorsuch Ave, Baltimore, MD 21218 | PK-5 | 2.2 mi | |
1301 McCulloh St, Baltimore, MD 21217 | 9-12 | 0.4 mi | |
1500 Harlem Ave, Baltimore, MD 21217 | 9-12 | 0.6 mi | |
100 N Calhoun St, Baltimore, MD 21223 | 9-12 | 0.7 mi | |
1400 Orleans St, Baltimore, MD 21231 | 9-12 | 1.7 mi | |
2301 Gwynns Falls Pkwy, Baltimore, MD 21217 | 9-12 | 1.7 mi | |
1100 Covington St, Baltimore, MD 21230 | 9-12 | 1.9 mi | |
501 N Athol Ave, Baltimore, MD 21229 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1110 - 1132 Shields Pl
Date
Details
Price
Change
Source
12/26/2023
Sold
$1,465,000
-2.33%
MLS
10/11/2023
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1110 - 1132 Shields Place, Baltimore, MD 21201 (MLS# MDBA2101874) is a Apartment property that was sold at $1,465,000 on December 26, 2023. Want to learn more about 1110 - 1132 Shields Place? Do you have questions about finding other Apartment real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.