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$935,000
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Property Description
List price to be opening bid. Online Auction Only! Bidding begins Friday, September 29 & Ends Wednesday, October 4, 2023 @ 11:00 AM. Location Description: Mid-Town Belvedere boasts stunning 19th century architecture and well kept parks. Being close to downtown, Mid-Town Belvedere is well-served by public transit and is blocks from Light Rail. The neighborhood is home to a mix of institutions, including the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, Center Stage & much more! Property Description: The property is an irregular shaped lot comprising 1,699 sq. ft. or 0.04 acre. It is improved by a completely renovated (2017-2018) 7 unit, 4-story corner building. The ground level contains a commercial unit. The upper three levels contain 5 one-bedroom units and an efficiency. Each residential unit has a renovated kitchen with granite counters, a full appliance package, renovated bathroom, washer/dryer, split units providing heat and air conditioning, drywall walls/ceilings, engineered wood floors, LED lights, hot water heater, etc. The commercial unit has a forced air heating and air conditioning system and a hot water heater. The entire building is sprinklered with an alarm system. The main entrance has an intercom system for access to each residential unit. As part of the renovation, the roof and windows are new as of 5-6 years ago. Tenants pay all utilities. Features Include Fully Renovated Building Annual Real Estate Taxes for 2023/2024 are only approx. $2,222 based on an existing CHAP Credit Low expense ratio based on tenants paying all utilities, everything renovated/replaced 5-6 years ago, and low real estate taxes. Lead-Free Limited Certificate with Interior Lead Free. Financial Information: The Rent Roll for 7 units is $9,385/monthly at full tenancy. Unit #3 which was leased for $1,300/month is vacant as of 8/31/2023 and is in the process of finding a new tenant. Unit #4 is in arrears and will either be evicted or have the rent paid by a City program.
Full Property Details
Full Property Details for 847 Park Ave
General
- Sold For: $935,000
- Taxes: $7,122 (2022)
- Status: Closed
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2098696
- Added to Site: 895 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: None
Location
- Municipality: Baltimore City
- County: Baltimore City
- Driving Directions: W Chase Street to Park Ave
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Other
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,699
- Lot Size Source: Assessor
- Zoning: OR-2
Financial Considerations
- Price Per Sq. Ft.: $181.91
- Assessment Year: 2023
- City/TownTax: $6,784
- City/TownTax Freq: Annually
- County Tax: $338
- County Tax Freq: Annually
- Tax w/Assessment: $290,500
- Tax Amount: $7,122
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 14
Listed and Sold by Alex Cooper Auctioneers, Inc., Paul R Cooper
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Schools
Schools serving 847 Park Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
The Historic Samuel Coleridge-Taylor Elementary School 507 West Preston Street, Baltimore, MD 21201 | PK-5 | 0.4 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.6 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 1.7 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 1.1 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1.3 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 1.3 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 1.7 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2.1 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 847 Park Ave
Date
Details
Price
Change
Source
12/15/2023
Sold
$935,000
—
MLS
11/15/2023
Price Increased
$935,000
87%
MLS
9/11/2023
Listed
$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.
847 Park Avenue, Baltimore, MD 21201 (MLS# MDBA2098696) is a Apartment property that was sold at $935,000 on December 15, 2023. Want to learn more about 847 Park 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.

