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1 W 27TH Street

BALTIMORE, MD 21218
  • $329,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: MDBA2133466
UPDATED: 59 min ago
$329,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,178
    SQFT
  • $151
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Dont miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30 electric and 20 gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins other Baltimore campuses. 1 West 27th Street earns the designation Walkers Paradise with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T09:52:45.647.
www.kmteamrealestate.com/homes/152861187
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1 W 27TH Street BALTIMORE, MD 21218

  • Price: $329,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 59 min ago
  • ID#: MDBA2133466
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,178
SQFT
$151
$/SQFT
1900
Built
Neighborhood:
Charles Village
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Dont miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30 electric and 20 gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins other Baltimore campuses. 1 West 27th Street earns the designation Walkers Paradise with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.
Exterior Features

Architectural Style Converted Dwelling Construction Materials Brick Garage YN No Parking Types Off Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2178 Below Grade Finished Area 0 Below Grade Unfinished Area 804 Cooling Window Unit(s) Exclusions tenants' possessions excluded Fireplace YN No Heating Radiator Heating YN Yes Inclusions 3 gas ranges; 1 clothes washer & 1 clothes dryer Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Walls Ceilings Plaster Walls

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Charles Street Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural Gas Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 803238544048 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 4777.00 Tax Lot 022 Vacation Rental YN No Water Source Public Zoning OR-2 Zoning Description Licensed for 3 Dwelling Units.

Listing courtesy of Ben Frederick Realty, Inc.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T09:52:45.647.
 
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Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042