• 28 E 25th Street BALTIMORE, MD 21218

  • $395,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,135
    Sq Ft
  • 1596
    Sqft

Join the Resurgence of 25th Street, Dubbed “The Black Wall Street of Baltimore” by the Baltimore Sun. Deceptively Large Rowhome in Charles Village: Provides 3,135 Square Feet Gross Living Area Plus Usable Basement Space. Upside Potential to Improve Residential Kitchens and Baths to Achieve Higher Rental Rates. Zoned C-1, The Property Provides Versatility, Allowing Owners to Change Uses from Residential to Commercial as They Desire. The apartments on the second and third floors are plus-sized 1-bedrooms. This interior rowhome boasts large windows on both the north and south walls, with a southern-facing bay window providing bonus natural light. Generous room sizes are accentuated by hardwood floors throughout most of the living spaces. Kitchens have either an 30″ electric or gas range, wood cabinets, laminate counters and laminate flooring. The 2nd floor apartment has a porcelain sink top; the 3rd floor has a stainless sink. Bathrooms have modern vanities, cast iron tubs with ceramic tile tub-surrounds. Upgrading kitchens and bathrooms would significantly improve monthly rents. The commercial suites are built-out and upgraded by the Tenants to meet the needs of the Tenants’ use. The first floor provides medical training and has been home to Phylis Angels Training Center since 2017, with classrooms and training stations. Wall-to-wall carpeting throughout, with a modern half bath and private office in the rear. The terrace retail suite has seen major improvements in the last few years, with new drywall walls and ceilings, recessed lighting, LVP flooring and improved half-bath. The very rear of the terrace is home to the utilities and provides the tenant with additional storage space. Inside this Charles Village Mixed-Use, the apartments are heated by a central Repco 275,00 BTU hot water radiator heating system; radiant heating serves the terrace store. The landlord does pay for the gas heat; a savvy owner could pass this through to tenants, improving cash flow. The 1st floor commercial tenant has their own heat pump with central air. A central 40-gallon gas-fired water heater supplies hot water to all units. Each unit has its own electric meter and pays their own electric. Two gas meters serve the property, one public service and the other presumed for Apartment 2. BGE is not actively billing the owner for natural gas usage. All interior water supply pipes are copper or C-PVC, with a copper water main. All observable interior water drain lines are copper or steel. The landlord currently pays for water. The Charles Village 25th Street corridor has been dubbed the “Black Wall Street of Baltimore” by the Baltimore Sun. Its numerous clothing retailers, art shops, and beauty stores has made it a fashion destination in Baltimore City. Commercial tenants enjoy the high visibility and walking traffic this location brings. Residential tenants enjoy the close proximity to various restaurants, art venues, and stores. Johns Hopkins, the city’s #1 employer, has its Homewood Campus just five blocks north. The central location in Baltimore gives residents a quick commute to downtown Baltimore or a short drive to I-83 for a drive to Baltimore County. The Maryland Avenue CycleTrack is one block away for bike commuters. 28 East 25th Street is designated a “Walker’s Paradise” with a Walk Score of 95; a Transit Score of 80; and a Bike Score of 85.

Property Type :

Multi-Family

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Central A/C,Window Unit(s)

Heating: Heat Pump(s),Radiant,Radiator

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Building Information

Year Built: 1900

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 4

Built: 1900

Construction Material: Brick

Foundation/Basement: Brick/Mortar

Architecture: Converted Dwelling

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,596

Lot Size (Acres): 0.04

Architectural Style: Converted Dwelling

Main Square Feet: 1,596

Property Information

SQ ft: 4,180

SQ ft (Living Area): 3,135

Total Lot SQ ft: 1,596

Total Acreage: 0.04

New Construction: No

Type: Converted Dwelling

Listing Information

Possession: Settlement,Subject to Existing Lease

Days Of Market: 8

Tax Information

Annual Tax: $5,024

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $212,867

Parking Information

Total Parking Spaces: 2

Parking Type: Off Street

Has Garage: N

Homeowners Association Information

Direction: GPS

School Information

School District: BALTIMORE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas,Electric

Hot Water: Natural Gas

Location Information

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1303 Cliftview Avenue , Baltimore, MD,21218 $13,000 3 1.0 -- --
2645 N Charles Street , Baltimore, MD,21218 $750,000 -- -- 3,240 1920 Sqft
1132 Montpelier Street , Baltimore, MD,21218 $183,700 3 1.5 1,260 1000 Sqft
1808 E 28th Street , Baltimore, MD,21218 $59,000 3 1.0 -- --
609 E 41st Street , Baltimore, MD,21218 $109,900 3 2.0 1,728 0.03 Acre
4014 Greenway , Baltimore, MD,21218 $2,200,000 8 4.5 6,488 29320 Sqft
2027 Maryland Avenue , Baltimore, MD,21218 $478,900 -- -- 3,750 3000 Sqft
3901 Yolando Road , Baltimore, MD,21218 $189,904 3 1 1,200 --
7 Stratford Road , Baltimore, MD,21218 $1,599,000 6 4.5 4,474 19994 Sqft
339 E 25th Street , Baltimore, MD,21218 $239,900 -- -- -- 1300 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/07/2024 @ 13:08

MLS: MDBA2123116
LISTED BY: Will A Cannon III , Ben Frederick Realty, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: Compensation based on net sales price.

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