1500 W Mount Royal Avenue, Baltimore, MD 21217

$555,000
4,200
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$555,000
List Price
$525,000
Closing Date
Jan 26, 2024
MLS#
MDBA2107514
Year Built
1880
Status
CLOSED
Type
Multifamily
Living Area
4,200
Total SqFt
4200
County
Baltimore City
Subdivision
Bolton Hill Historic District

Property Description

BEST & FINAL OFFERS DUE BY 5PM ON 12/26. Welcome to 1500 Mt Royal Ave, a distinguished end-of-group three-unit apartment building situated in the picturesque neighborhood of Bolton Hill. This property offers an outstanding opportunity for investors or owner-occupants seeking a prime real estate investment in a desirable location. The property DOES NOT come with parking or the privately owned carriage house at the rear. Each unit within the building features 2-3 bedrooms, modern kitchens, and baths, providing comfortable and contemporary living spaces. Formerly utilized as dorm housing for MICA students, this property offers versatile potential for various residential uses. There are no rent rolls, P&L etc. This was a dorm for MICA. The units are separately metered for gas and electric and there is a public meter for common area electric. Nestled in Bolton Hill, residents will appreciate the easy access to a variety of amenities, including cafes, restaurants, and parks. The proximity to Penn Station provides convenient transportation options, including the MARC Train to DC, Amtrak to Philly or NYC, and the Light Rail to BWI, enhancing the connectivity of the neighborhood. This desirable neighborhood offers a perfect blend of urban convenience and community charm, creating an appealing living environment for all. Whether you're considering it as an investment opportunity or a new place to call home, 1500 Mt Royal Ave presents endless possibilities for investors and potential owner-occupants looking to offset their monthly expenses. Please note that the carriage house and parking space behind the property are not included in the sale. Additionally, the property is located in a CHAP Historic District and is subject to the Midtown Special Benefits District Surcharge Tax. Buyer to verify zoning with Baltimore City. There is no past rent roll for this property. It was a dormitory for MICA students. Three apartments. Property is delivered vacant, with no tenants. Don't miss the chance to explore the potential of this exceptional property in Bolton Hill. Schedule a showing today and discover the allure of 1500 Mt Royal Ave.

Additional Information

Elementary School
Mount Royal
Middle School
Mount Royal
Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Style
Victorian, Transitional, Traditional
Basement
Yes
Cooling Fuel
Electric
Cooling
Central A/C
Heating Fuel
Natural Gas
Heating
Radiator
Hot Water
Natural Gas
Sewer Septic
Public Sewer
Water
Public
Tax Year
2022
Possession
Settlement
Days on Market
8
Ownership
Fee Simple

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: .