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2224 Madison Avenue, Baltimore, MD 21217

$650,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
2224 Madison Avenue, Baltimore, MD 21217View this property at 2224 Madison Avenue, Baltimore, MD 21217
2224 Madison AvenueBaltimoreMD21217

Property Description

AMAZING 7-unit investment opportunity at a fantastic price! New completely remodeled units with beautiful HW floors, stainless steel appliances, and bright livability in ALL units. Live in one unit and rent out the others for additional income with a low mortgage or scoop this up as a rental property. Projected 8% CAP! You don~t want to miss this investment opportunity. This one won~t last!

Full Property Detailsfor 2224 Madison Avenue

General

  • Price: $650,000
  • Taxes: $2,820 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 1000267732
  • Updated: 5/15/2018
  • Added: 73 day(s) ago

Parking

  • Parking Type: On Street

Location

  • County: Baltimore City
  • Development Name: Reservoir Hill
  • Subdivision: Reservoir Hill
  • Driving Directions: From Gold St Head northeast on Gold St toward Division St, Turn left onto Madison Ave, Destination will be on the left

School Information

  • School District: Baltimore City Public Schools

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Structure Type: Row/Townhouse
  • Construction: Brick
  • Stories/Levels: 0
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Zoning: 2-3

Financial Considerations

  • Price Per Sq. Ft.: $141.55
  • Operating Expenses: $23,788
  • Assessment Year: 2018
  • Tax w/Assessment: $119,500
  • Tax Amount: $2,820
  • Tax Year: 2017
  • Owner Pays: Taxes - Real Estate, Insurance, Management, Accounting/Legal, Advertising/Licenses and Permits, Repairs, All Utilities, Other
  • Landlord Pays: Taxes - Real Estate, Insurance, Management, Accounting/Legal, Advertising/Licenses and Permits, Repairs, All Utilities, Other
  • Tax Total Finished Sq. Ft.: 4592

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice, Parking Included In SalePrice
  • Section: 8
  • Lot: 1

Listed by Keller Williams Legacy, Michael J Schiff

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Schools

Schoolsserving 2224 Madison Avenue

School District:Baltimore City Public Schools
School Name
Grades
Distance
William Pinderhughes Elementary School
701 Gold St, Baltimore, MD 21217
PK-8
0.4 mi
Booker T. Washington Middle School
1301 McCulloh St, Baltimore, MD 21217
6-8
0.7 mi
Stadium School
1300 Gorsuch Ave, Baltimore, MD 21218
6-8
2.2 mi
Frederick Douglass High School, Baltimore, MD
2301 Gwynns Falls Pkwy, Baltimore, MD 21217
9-12
1 mi
Augusta Fells Savage Institute Of Visual Arts
1500 Harlem Ave, Baltimore, MD 21217
8-12
1 mi
Vivien T. Thomas Medical Arts Academy
100 N Calhoun St, Baltimore, MD 21223
9-12
1.4 mi
Paul Laurence Dunbar High School
1400 Orleans St, Baltimore, MD 21231
9-12
2.3 mi
Digital Harbor High School
1100 Covington St, Baltimore, MD 21230
9-12
2.8 mi
Edmondson-Westside High School
501 N Athol Ave, Baltimore, MD 21229
9-12
3.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 2224 Madison Avenue Get Price Alerts

Date
Details
Price
Change
Source
3/14/2018
Listed
$650,000
120.34%
MLS
9/28/2016
Sold
$295,000
107.02%
Public Record
9/30/2013
Sold
$142,500
50%
Public Record
9/18/2013
Sold
$95,000
5.56%
Public Record
12/18/2012
Sold
$90,000
28.57%
Public Record
4/20/2011
Sold
$70,000
3400%
Public Record
8/30/2007
Sold
$2,000
-99.44%
Public Record
11/20/2006
Sold
$357,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 2224 Madison Avenue

Listed by Keller Williams Legacy, Michael J Schiff

2224 Madison Avenue, Baltimore, MD 21217 (MLS# 1000267732) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 2224 Madison Avenue is currently listed for $650,000 and was received on March 14, 2018. Want to learn more about 2224 Madison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.