If you need assistance, please call 410-793-1616

  • DESCRIPTION

    URGENT - UNIQUE END-OF-GROUP CANTON MULTI-FAMILY INVESTMENT - $400,000 OR TRADE! PRESENTING A FANTASTIC OPPORTUNITY IN A HIGHLY SOUGHT-AFTER NEIGHBORHOOD, THIS 16-FOOT WIDE BRICK HOME BOASTS OVER 4000 FINISHED SQUARE FEET. ENORMOUS POTENTIAL TO CAPITALIZE ON ITS DESIRABLE CENTRAL LOCATION - EASY TO RENT OUT, GREAT PARKING AVAILABLE! TAKE A LEISURELY WALK TO NEARBY PATTERSON PARK AND CANTON WATERFRONT PARK. SHORT WALK TO SHOPS, LIFESTYLE CONVENIENCES AND SOME OF THE BEST RESTAURANTS THE CITY HAS TO OFFER. CURRENTLY SET UP AS TWO UNITS, THE NEW OWNER CAN LIVE IN ONE UNIT WHILE ANOTHER UNIT PROVIDES YOU A STABLE RENTAL INCOME OR RENT BOTH UNITS FOR GREAT CASH ON CASH RETURN AND POSITIVE MONTHLY CASH FLOW WITH 8% CAP RATE. SPACIOUS AND BRIGHT INTERIOR, THICK WALLS, EXPOSED BRICK, HARDWOOD FLOORS THROUGHOUT ARE JUST SOME OF THE HIGHLIGHTS. THE 1ST UNIT OFFERS VERSATILITY AND COMFORT TO MATCH A MODERN LIFESTYLE. IT FEATURES A FULL CLUBROOM WITH A WET BAR ON THE LOWER LEVEL, AN INVITING LIVING AREA WITH A WOOD BURNING FIREPLACE, EXPOSED BRICK ON THE DINING ROOM, AND A SPACIOUS WORKSHOP OR WORKOUT ROOM READY FOR YOU TO ENJOY. THE 2ND UNIT OFFERS GENEROUS BEDROOMS AND A SIZABLE DECK PERFECT FOR ENTERTAINING. GREAT POTENTIAL TO CONVERT TO ONE LARGE HOME OR HAVE IT AS A QUALITY INVESTMENT PROPERTY. PERFECT MOVE-IN CONDITION AND READY FOR YOU. OPEN HOUSE EVERY DAY - CALL FOR TIMES.

    KEY DETAILS
    • Price:
    • $400,000
    • Bedrooms:
    • 2
    • Full Baths:
    • 0
    • Square Footage:
    • 5,385
    • Acreage:
    • 0.06
    • Year Built:
    • 1913
    • MLS #:
    • MDBA550928
    • Street Address:
    • 3244 Fait Ave
    • City:
    • Baltimore
    • State:
    • MD
    • Postal Code:
    • 21224
    • County:
    • Baltimore City
    • Subdivision:
    • Canton
    • Listing Status:
    • For Sale - Pending

    Building

    • Basement Square Footage:
    • 1362
    • Basement Type:
    • Full, Fully Finished, Improved, Sump Pump, Space For Rooms, Connecting Stairway, Heated, Outside Entrance, Walkout Stairs
    • Building Condition:
    • Excellent
    • Doors And Windows:
    • Storm
    • Dwelling Type:
    • End Of Row/Townhouse
    • Exterior Features:
    • Sidewalks, Street Lights, Exterior Lighting
    • Finished Above Ground Square Footage:
    • 4023
    • Finished Basement Square Footage:
    • 1362
    • Finished Square Feet:
    • 5385
    • Fireplace:
    • Yes
    • Flooring:
    • Ceramic Tile, Hardwood, Partially Carpeted
    • Has Basement:
    • Yes
    • Interior Features:
    • Ceiling Fan(s), Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Primary Bath(s), Store/Office, Wet/Dry Bar, Wood Floors, 2nd Kitchen, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space
    • Number Of 2 Bedroom Units:
    • 1
    • Number Of 3 Bedroom Units:
    • 1
    • Number Of Units:
    • 2
    • Number Of Units Vacant:
    • 2
    • Other Buildings:
    • Above Grade, Below Grade
    • Square Footage Source:
    • Estimated
    • Style:
    • Colonial
    • Total Building Square Footage:
    • 5385
    • Type Of Roof:
    • Built-Up
    • View:
    • Trees/Woods, Street, City
    • Year Built:
    • 1913
    • Year Built Source:
    • Assessor

    Business

    • Annual Insurance Expenses:
    • 1200.00
    • Gross Income:
    • 40800.00
    • Net Operating Income:
    • 32500.00

    Land

    • Approximate Lot Size Range Source:
    • Estimated
    • Conforms To Zoning:
    • R-8
    • Lot Features:
    • Premium
    • Lot Square Footage:
    • 2723.00
    • Section:
    • 06
    • Zoning Description:
    • General Residence District

    Listing

    • Days On Market:
    • 42
    • On Market Date:
    • 2021-07-07
    • Originating Mls:
    • Bright
    • Special Conditions Of Sale:
    • Standard
    • Terms:
    • Cash, Conventional, Private

    Location

    • In City Limits:
    • Yes
    • Location Description:
    • Corner Lot/Unit
    • Subdivision:
    • Canton
    • Tax Municipality:
    • Baltimore City

    Money

    • City Taxes:
    • 6852.00
    • County Taxes:
    • 341.00
    • Owner Pays:
    • Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
    • Price Per Square Foot:
    • 99.43
    • Property Taxes:
    • $7,194
    • Tax Year:
    • 2021

    Rooms

    • Total Rooms:
    • 12

    Structures

    • Parking Description:
    • Free, Public, Unassigned
    • Parking Type:
    • On Street
    • Pool Description:
    • No Pool

    Systems

    • Appliances:
    • Dryer, Washer, Dishwasher, Disposal, Refrigerator, Stove
    • Cooling Fuel:
    • Electric
    • Cooling System:
    • Central A/C, Window Unit(s), Ceiling Fan(s)
    • Electricity:
    • 200+ Amp Service
    • Existing Water:
    • Public
    • Heating:
    • Hot Water & Baseboard - Electric
    • Heating Fuel:
    • Electric, Natural Gas
    • Sewage Type:
    • Public Sewer
    • Water Heater:
    • Natural Gas, Electric

    Source

    • Listing Provided By RE/MAX Community Real Estate

      © 2021 BRIGHT, All Rights Reserved


      BRIGHT
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    SCHOOL DISTRICT: BALTIMORE CITY PUBLIC SCHOOLS

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT
    By clicking 'Request Info' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from greaterbaltimorehomesearch.com at the number you provided above. This consent is not required to purchase any good or service. More details in privacy policy and terms of use.

    SCORECARD

    0
    PROS
    0
    CONS
    Condition
    Location
    Nearby
    Schools
    Taxes
  • Add Note
  • Add to Notebook
  • Share