Baltimore, MD 21212,5924 BELLONA AVE
Baltimore, MD 21212,5924 BELLONA AVE
Baltimore, MD 21212,5924 BELLONA AVE
Baltimore, MD 21212,5924 BELLONA AVE
Baltimore, MD 21212,5924 BELLONA AVE
Baltimore, MD 21212,5924 BELLONA AVE
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$419,000

$399,000

5.0%
Est.Price: ?

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Est. payment /mo

2,968 SqFt


SOLD DATE : 10/10/2023

Key Details

Sold Price $419,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,968 sqft

Price per Sqft $141

Subdivision Homeland Historic District

MLS Listing ID MDBA2098402

Sold Date 10/10/23

Style Victorian

Abv Grd Liv Area 2,968

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $7,085

Tax Year 2022

Lot Size 0.377 Acres

Acres 0.38

Property Description

A rare well-maintained 3 unit gem in Homeland! One of only three multifamily properties to go on the market in Homeland in the last 10 years! Property includes two 2bd/2ba units and one 1bd/1ba unit. Long-term tenants with under-market leases. Units include hardwood floors, original charm, laminate countertops, tile bathrooms and spacious layouts. Laundry located in the basement with storage for all units. Property has been well-cared for and within the same family for over 30 years. Central boiler was recently replaced. Separate meters for gas and electric for all units. Large rear yard and bonus lot that is has subdivision potential. Property is oozing with potential and cash flow can be improved by raising rental rates to market rate, installing a water reimbursement program, upgrading kitchens and bathrooms, adding central air and adding laundry to all units. Potential for a 10%+ cap rate, which is unheard of in this market. Perfect for a savvy investor or owner-occupant. Truly a once-in-a-lifetime opportunity for this neighborhood. Access by open house only, Saturday September 16th from 11am-2pm. Sold strictly as-is. All information is deemed to be accurate, however, buyer should verify.

Location

State MD

County Baltimore City

Zoning R-1-E

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0327114983E008

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Benjamin J Garner • Real Broker, LLC - McLean
Bought with Pawel M. Jakubowski • Best Value Realty, Inc.
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