UPDATED:
01/31/2025 05:49 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,816 sqft
Price per Sqft $117
MLS Listing ID MDBA2151646
Style Colonial,Traditional,Victorian
Abv Grd Liv Area 2,862
Originating Board BRIGHT
Year Built 1874
Annual Tax Amount $7,008
Tax Year 2024
Lot Size 1,512 Sqft
Acres 0.03
Property Description
Just steps from the park, this legally zoned 3-unit property at 1421 Hollins Street offers a prime opportunity for savvy investors. Currently fully rented, this residence generates a total monthly revenue of $3,885 ($3,735 rent + $150 water), making it a solid investment close to key Baltimore landmarks. Rents can be increased. Ground Rent $50 semi-annually.
Property Highlights:
Unit 1: This two-level unit features generous ceiling heights, a main-level bedroom with private deck access, and a fully fenced yard with mature trees. The finished lower level includes a second bedroom, full bathroom, and family room with a gas fireplace.
Units 2 and 3: Two clean and updated one-bedroom apartments provide steady rental income, making this property an excellent financial opportunity.
Utilities: Each unit is separately metered for gas and electric, with three private heating systems and a shared laundry room in the lower level for added convenience.
This end-of-group home is flooded with natural light and boasts a stunning curved staircase from the main level to the top floor. Situated in a strong, owner-occupied community, this property is just moments from the University of Maryland Medical Center, downtown Baltimore, and M&T Bank Stadium.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas, Electric
Heating Radiator
Cooling Window Unit(s), Other
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Concrete Perimeter, Block
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Colonial, Traditional, Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0319130231 010
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
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