Address
2012 N Calvert Street Baltimore, MD
Price
$ 345,000
Property Attributes
  • MLS#MDBA507846
  • TypePending
  • CountyBALTIMORE CITY
  • CityBaltimore
  • Zip21218
  • StyleTraditional
  • Year Built1890
  • Taxes3608
  • Price$ 345,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Ben Frederick Realty, Inc.
Property Description

A great opportunity to own an income-producing property in a celebrated Baltimore neighborhood! Take advantage of today~s low interest rates and capture a 15.8% cash-on-cash return on investment and a 9.17% cap rate on this building!2012 North Calvert has 3 2-bedroom apartments, 1 1-bedroom apartment, and a 1-car garage. With all pvc and copper plumbing, a newer rubber roof, and modern bathrooms and kitchens, a new owner can expect low maintenance costs. Each unit is separately metered for gas & electric.Charles North is known for its eclectic art and music venues, alongside many niche bars and restaurants. Located centrally in Baltimore and directly north of Penn Station, tenants have an easy commute to Baltimore or the D.C. area. 2012 North Calvert has a WalkScore of 92, and TransitScore of 76, and a BikeScore of 87.Call today to schedule a tour!Investment Summary:$345,000$86,250 Per Unit$157 Per Sq. Ft.11.7 Times Actual Rent (GRM)8.0 Times Market Rent (GRM)9.17% Cap Rate15.8% Cash-on-Cash Return

Price History
4/28/2020 Listed $345,000

General Features

Acceptable Financing Conventional, Cash
Accessibility None
Architectural Style Traditional
Construction Materials Brick
Cool Fuel None
Cooling None
County BALTIMORE CITY
Days on Market 14
Electric 200+ Amp Service
Exclusions Tenants' possessions
Flooring Ceramic Tile, Hardwood
Garage Spaces 1.00
Garage Y/N Yes
Heating Forced Air
High School District BALTIMORE CITY PUBLIC SCHOOLS
Legal Subdivision Ward 12
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Ownership Ground Rent
Possession Immediate, Subject to Existing Lease
Price Per Sq Ft 157.32
Property SubType Quadruplex
Property Type Multi-Family
PropertyCondition Very Good
Real Estate Owned Y/N No
Rent Control Y/N No
Roof Rubber
Section 08
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Tax Annual Amount 3608.0
Tax Lot 023
Tax Year 2019
Total Units 4
Two Bedroom 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning R-8

Interior Features

Basement Other
Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Multi-tank
Living Area 2924

Exterior Features

# Of Detached Garage Spaces 1
Garage Features Garage - Rear Entry
Lot Dimensions 17'3 x 85'
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1466.00
Navigable Water Y/N No
Pool Y/N No Pool
Total Parking Spaces 1
Type of Parking Detached Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21218

Price
AVG $150K
$350K
Taxes
AVG $2,597
$3,608
Visits
AVG 80
127
Year Built
AVG 1922
1890
Walkscore
AVG 73
93
Data Provided by Walkscore ® not using MLS data

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