• 628 E 37th Street BALTIMORE, MD 21218

  • $175,000
  • 0
    Bed(s)
  • 0
    Baths
  • 1,599
    Sq Ft
  • 1274
    Sqft

> Renovated, Turn-Key Rental Home in Waverly Provides Stable Income with Reduced Maintenance Costs > Modern & Appealing Finishes are Desirable for Tenants, Ensuring High Occupancy Rates > One Mile from Union Memorial MedStar Hospital, Home to Over 2,500 Employees > From LiveBaltimore.com: “Waverly boasts quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes”. A bright and spacious open floor plan greets tenants as they enter from their covered porch. Recessed lighting and large windows compliment the hardwood floors. Tenants appreciate ample wood shaker cabinetry and granite counters in the kitchen, including a breakfast bar. A top-notch appliance suite keeps this property one step ahead of other rentals in the immediate area, including a French door refrigerator with bottom freezer, gas range, dishwasher and over-the-range microwave. Three bedrooms and a full bathroom are located on the second floor. The bathroom has a modern vanity and steel tub with ceramic tile tub-surround, which tenants can easily clean and maintain. The kitchen and bathroom have ceramic tile flooring; upstairs is carpeted. A full basement allows tenants additional storage space and access to a full-size washer and dryer. This Waverly investment property is easy to manage, as tenants are responsible for all utilities. The home is heated by a Columbia gas-fired hot-water boiler with radiator distribution. Tenants provide their own window air conditioners. A 40-gallon Rheem water heater, replaced in 2021, provides hot water. 100 amps serve the property. The main water supply is copper, saving a buyer worry and costly replacement in the future, with interior lines a mix of C-PVC and steel. All observable interior drain lines appear to be PVC. LiveBaltimore.com loves Waverly, stating “quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes.” Only one mile away from Union Memorial MedStar Hospital, and a little over a mile to Johns Hopkins University Homewood Campus. Loyola University is 1.5 miles northeast. The Waverly “Y” is within walking distance and offers an indoor pool with 4 swim lanes, 6,600 square foot fitness center and rock wall. There is plenty of green space nearby, as the neighborhood used to be home to Memorial Stadium, former home of the Baltimore Orioles. Now the Ripken Memorial Stadium Ball Field is a multiple use turf field, with full football field and 60′ baseball diamond, open to the public. More and more investors are finding that nearby outdoor amenities, and not indoor amenities, lead to higher tenant retention. The proximity to the YMCA and Ripken Ball Field creates happier, longer-term tenants.

Property Type :

Multi-Family

Subdivision :

Waverly

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Roof : Rubber

Roofing Information

Rubber

Heating & Cooling

Cooling: Window Unit(s)

Heating: Radiator

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1922

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 1

Built: 1922

Construction Material: Brick

Roof: Rubber

Foundation/Basement: Brick/Mortar

Architecture: Converted Dwelling

Pool/Private: No Pool

Roof Type: Rubber

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,274

Lot Size (Acres): 0.03

Architectural Style: Converted Dwelling

Main Square Feet: 1,274

Property Information

SQ ft: 3,310

SQ ft (Living Area): 1,599

Total Lot SQ ft: 1,274

Subdivision: WAVERLY

Total Acreage: 0.03

New Construction: No

Type: Converted Dwelling

Listing Information

Possession: Settlement,Subject to Existing Lease

Days Of Market: 7

Tax Information

Annual Tax: $2,830

Tax Year: 2024

Total Taxes Payment Frequency: Annually

Possession

Settlement,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $127,867

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Multi-Unit Information

Roof: Rubber

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

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 -- --
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 -- --
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
3801 Canterbury Road #.., Baltimore, MD,21218 $449,900 2 2.5 1,524 --
716 Homestead Street , Baltimore, MD,21218 $65,000 -- -- 3,000 3000 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 05/19/2024 @ 10:07

MLS: MDBA2124382
LISTED BY: Will A Cannon III , Ben Frederick Realty, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Compensation based on net sales price.

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