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$710,000
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Property Description
Add to your real estate portfolio with this completely renovated 7-unit apartment building in highly sought after Reservoir Hill. The perfect hedge against inflation, this multi-family building is turnkey, vacant and ready to rent. Great building to rent out entire building to a program or rent out units individually. Gorgeous hardwood floors and natural lighting throughout the units. Open floor plans and modern appliances bring all the everyday amenities to this charming old Victorian building. Featuring one 3 bedroom unit, three 2 bedroom units and three 1 bedroom units. Live in one unit and rent the others for additional income. Gross monthly rent potential of $9300+! You donât want to miss this opportunity. Schedule your showing today.
Full Property Details
Full Property Details for 2224 Madison Ave
General
- Sold For: $710,000
- Taxes: $8,935 (2023)
- Status: Closed
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2064388
- Added to Site: 1, 261 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Hardwood, Partially Carpeted, Luxury Vinyl Plank
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: Baltimore City
- Driving Directions: W North Ave to McCulloh St to Whitelock St to Madison Ave
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,592
- Lot Size Source: Estimated
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $124.52
- Assessment Year: 2023
- City/TownTax: $8,511
- City/TownTax Freq: Annually
- County Tax: $424
- County Tax Freq: Annually
- Tax w/Assessment: $378,900
- Tax Amount: $8,935
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Permits: On Hand
Listed by EXP Realty, LLC, Michael J Schiff
Sold by EXP Realty, LLC, Ricki Rutley
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Schools
Schools serving 2224 Madison Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
John Eager Howard Elementary School 2011 Linden Avenue, Baltimore, MD 21217 | PK-5 | 0.2 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.7 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 1.9 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 1 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 1 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1.4 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 2.3 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 2.8 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2224 Madison Ave
Date
Details
Price
Change
Source
6/30/2023
Sold
$710,000
-8.39%
MLS
3/10/2023
Price Reduced
$775,000
-3.12%
MLS
10/20/2022
Listed
$799,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2224 Madison Avenue, Baltimore, MD 21217 (MLS# MDBA2064388) is a Apartment property that was sold at $710,000 on June 30, 2023. Want to learn more about 2224 Madison Avenue? Do you have questions about finding other Apartment real estate for sale in Reservoir Hill? You can browse all Reservoir Hill real estate or contact a Coldwell Banker agent to request more information.

