1816 Madison Avenue, Baltimore, MD 21217
- $675,000
- 3,135
- SqFt
- Sold Price
- $675,000
- List Price
- $675,000
- Closing Date
- Dec 05, 2024
- MLS#
- MDBA2146064
- Year Built
- 1920
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 3,135
- Total SqFt
- 3135
- County
- Baltimore City
- Subdivision
- Madison Park Historic District
Property Description
Welcome to this meticulously remodeled triplex, ideal for investors or owner-occupants seeking a move-in-ready property with significant rental potential. This three-unit building includes two spacious 3-bedroom, 2-bath apartments on the first and second floors, each with a private ensuite bath. The third-floor unit features a well-designed 2-bedroom, 2-bath layout, also with an ensuite for added comfort. Highlights of this property include: All-new vinyl flooring throughout each unit Brand-new kitchen appliances with warranties, ensuring reliability and longevity All-new windows, HVAC systems with new ductwork, and updated gas lines Fully overhauled plumbing, including new drain and supply lines Separate meters for each unit, plus a common area meter for shared spaces Each unit showcases a modern kitchen with soft-close shaker cabinets, granite countertops, and a subway tile backsplash. The metal fire escape has been recently repaired and painted, ensuring safety and durability. The building also boasts a converted rear parking lot with spaces for up to four cars, an invaluable feature for tenants. The spacious basement includes an owner’s closet and hookups for two laundry systems, providing the potential to add coin-operated machines for extra income. With FHA loan eligibility and extensive upgrades, this triplex combines modern comforts with excellent income potential and minimal upkeep. Don’t miss this rare opportunity to own a turnkey rental property that’s ready to generate income from day one.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Style
- Traditional
- Interior Features
- Floor Plan - Open, Primary Bath(s), Upgraded Countertops
- Cooling Fuel
- Electric
- Cooling
- Central A/C
- Heating Fuel
- Natural Gas
- Heating
- Forced Air
- Hot Water
- Natural Gas
- Sewer Septic
- Public Sewer
- Water
- Public
- Tax Year
- 2024
- Possession
- Immediate, Settlement
- Days on Market
- 14
- Ownership
- Fee Simple