3333 Alto Road, Baltimore, MD 21216

$375,000
12
BD
3
BA
4,764
SqFt

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Sold Price
$375,000
List Price
$500,000
Closing Date
Dec 13, 2024
MLS#
MDBA2120354
Year Built
1930
Status
CLOSED
Type
Townhome
Bedrooms
12
Baths All
3
Baths Full
2
Baths Half
1
Living Area
4,764
Total SqFt
5124
County
Baltimore City
Subdivision
Hanlon

Property Description

A generous layout of 12 bedrooms, 3 full bathrooms, and 1 half bath, this home is ideally suited for an Assisted Living Facility. It comes with a current assisted living CFO license, making it a prime opportunity for those looking to invest in the healthcare sector or expand their portfolio with a property designed to meet the needs of a thriving assisted living facility. Nestled in the heart of Baltimore, MD, at 3333 Alto Rd, 21216, this expansive property, boasting over 4,700 sq ft of living space, is currently on the market for $740,000. This facility is uniquely positioned to accommodate up to 16 residents, with a potential revenue of approximately $3800 per person per month if operated as an assisted living facility. This offers an excellent investment opportunity with significant income potential in the growing sector of residential care. The house is equipped with essential features for comfort and safety, including chair lifts, a comprehensive sprinkler system, and a water storage system, ensuring a secure and convenient environment for residents and operators alike. Furthermore, the property is already metered for 3 separate units, offering the flexibility to accommodate multiple residents or tenants with ease and efficiency. Whether you're looking to step into the assisted living business or searching for a large, versatile property in Baltimore, 3333 Alto Rd presents a unique and valuable opportunity

Additional Information

Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Garage Spaces
1
Style
Traditional
Basement
Yes
Cooling Fuel
Electric
Cooling
Ceiling Fan(s), Central A/C, Window Unit(s)
Heating Fuel
Natural Gas
Heating
90% Forced Air
Hot Water
60+ Gallon Tank
Sewer Septic
Public Sewer
Water
Public
Tax Year
2024
Possession
0-30 Days CD, 31-60 Days CD
Days on Market
211
Acres
0.09
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Advantage Realty. Contact:

Selling Office: .