435 Nicoll Avenue, Baltimore, MD 21212 - Photo 1

1/1

$2,000,000

Sold
Closed
Apartment

1/1

Property Description

This prime investment opportunity features a portfolio of 12 individual residential townhomes located just minutes from Towson University, with an income potential of $316,000 annually. Currently, 8 of the 12 units are leased, generating immediate rental income, while the remaining units provide an excellent opportunity for growth in a high-demand area. The properties include a mix of garage and traditional townhomes, appealing to both students and professionals, and the monthly condo fee is $320 per unit. Although these are individual residential townhomes, they are listed under commercial due to Bright MLS restrictions, which limit multi-family listings to 4 units or fewer. Don't miss out on this unique opportunity to expand your investment portfolio!

Full Property Details

Full Property Details for 435 Nicoll Ave

General

Sold For: $2,000,000
Taxes: $49,392 (2024)
Status: Closed
Type: Apartment
Source: BrightMLSMidAtlantic
MLS ID: MDBA2142644

Property History

435 Nicoll Ave, Baltimore, MD
Sold $2,000,000 on 11/27/24
Listed $2,400,000 on 10/8/24

Business

Business Type: Apartment Building

Interior

Flooring: Carpet, Laminate Plank

Parking

Total Spaces: 12
Parking Features: Paved Parking, Unassigned
Parking Type: Parking Lot

Location

Municipality: BALTIMORE
County: Baltimore City
Development Name: None Available
Subdivision: None Available
Building Name: BELVEDERE CT
Driving Directions: See Google Map

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air, Heat Pump(s)
Heating Fuel: Electric
Water Heater: Natural Gas, Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available

Structural Information

Construction: Stucco
Roof: Asphalt
Stories/Levels: 0
Year Built: 1990
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Dimensions: 20904
Lot Features: Corner, Interior
Zoning: R-5
Lot Description: Corner, Interior

Financial Considerations

Price Per Sq. Ft.: $166.67
Tax w/Assessment: $2,100,000
Tax Amount: $49,392
Tax Year: 2024

Disclosures and Reports

Ownership: Condominium
Investment: Yes

Listed by Ghimire Homes, Kris Ghimire
Sold by Ghimire Homes, Htun Win Naing

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Listing agent

— 435 Nicoll Ave —

Kris Ghimire

Ghimire Homes

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Schools

Schools serving 435 Nicoll Ave

School District:Baltimore City Public Schools

Name	Grades	Distance
Roland Park Elementary/Middle School 5207 Roland Avenue, Baltimore, MD 21210	PK-8	1.4 mi
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218	6-8	3.1 mi
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217	6-8	4.4 mi
Reginald F. Lewis High School 6401 Pioneer Drive, Baltimore, MD 21214	9-12	2.1 mi
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217	9-12	4.2 mi
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207	9-12	4.8 mi
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231	9-12	4.9 mi
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217	9-12	5 mi
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223	9-12	5.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Info for 435 Nicoll Ave

View Community Information

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Single Family
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Updated 7 hours ago

3
Beds
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Total Baths
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Updated 5 hours ago

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Just Listed

$475,000

Open House

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Townhouse
Active
Updated 3 hours ago

3
Beds
4
Total Baths
1,784
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Just Listed

$699,900

Open House

4705 Ilkley Moor Ln Ellicott City, MD 21043

Single Family
Active
Updated 10 hours ago

4
Beds
4
Total Baths
2,442
Sq. Ft.

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Price Reduced

-$30,000 (-8.57%)

$319,900

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Single Family
Active
Updated 4 days ago

3
Beds
3
Total Baths
3,656
Sq. Ft.

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Hale Haven Dr, Ellicott City, MD 21043 - Photo 1

Price Reduced

-$49,000 (-49.49%)

$50,000

Hale Haven Dr Ellicott City, MD 21043

Lots/Land
Active
Updated 6 days ago

1.04
Acres

Listed by Cummings & Co. Realtors, Carl J Herber

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Price Reduced

-$29,100 (-3.74%)

$749,900

5113 Avoca Ave Ellicott City, MD 21043

Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
2,509
Sq. Ft.

Listed by Long & Foster Real Estate, Inc., Julia Gertler

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Price Reduced

-$20,010 (-4.26%)

$449,990

8511 Coltrane Ct #204 Ellicott City, MD 21043

Condo
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,500
Sq. Ft.

Listed by Trademark Realty, Inc, Young C Kang

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Sold

$2,190,000

499 Beaumont Ave Baltimore, MD 21212

Multi-Family
Closed

Listed by Midfield Realty, Menachem M. Dalfin
Sold by Turnock Real Est. Services, Inc., Michelle L Delk

2A Gittings Ave, Baltimore, MD 21212 - Photo 1

Sold

$1,725,000

2A Gittings Ave Baltimore, MD 21212

Single Family
Closed

5
Beds
7
Total Baths
7,308
Sq. Ft.

Listed by Krauss Real Property Brokerage, Heidi S Krauss
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Sold

$1,786,500

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Single Family
Closed

7
Beds
8
Total Baths
7,676
Sq. Ft.

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Sold

$1,789,000

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Single Family
Closed

5
Beds
6
Total Baths
7,479
Sq. Ft.

Listed by Monument Sotheby's International Realty, Tracy Swindell
Sold by Monument Sotheby's International Realty, Christina Giffin

435 Nicoll Avenue, Baltimore, MD 21212 (MLS# MDBA2142644) is a Apartment property that was sold at $2,000,000 on November 27, 2024. Want to learn more about 435 Nicoll Avenue? 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.

435 Nicoll Ave Baltimore, MD 21212