$465,000
$499,900
7.0%For more information regarding the value of a property, please contact us for a free consultation.
509 E LAKE AVE Baltimore, MD 21212
3,960 SqFt
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $117
Subdivision Belvedere Square
MLS Listing ID MDBA524838
Sold Date 11/09/20
Style Colonial
HOA Y/N N
Abv Grd Liv Area 3,960
Originating Board BRIGHT
Year Built 1941
Annual Tax Amount $7,999
Tax Year 2019
Lot Size 8,197 Sqft
Acres 0.19
Property Description
Exciting opportunity to own this multi-unit property in the Belvedere Square/Cedarcroft area of Baltimore. This property has so much potential! This nearly 4,000 SF brick colonial offers four identical two-bedroom units, garage space (currently 2 large garages but could easily be 4 individual units), a basement that is unfinished, and a huge attic that also has potential. All units have beautiful original hardwood floors and are well-kept. Each unit has two large bedrooms, 1 full bath, a kitchen, dining room, and a living room. 990 SF per unit. All units are metered separately and tenants are responsible for the electric and gas bills. Live in one unit and rent the others or use strictly as an investment property. City inspections and lead certifications can be provided. Currently, rents are below-market value. . . room for improvement! Conveniently located between Towson University/Johns Hopkins and downtown, close to I-83 and I-695 and close to hospitals and other amenities makes it an ideal location for renters. Showings will be provided for qualified buyers by listing and co-listing agent only or by an 'open-house' style showing method (one weekday and one weekend). PROPERTY BEING SOLD AS-IS.
Location
State MD
County Baltimore City
Zoning R-3
Rooms
Basement Other, Connecting Stairway, Heated, Outside Entrance, Rough Bath Plumb, Side Entrance, Unfinished, Walkout Level, Windows
Interior
Interior Features Additional Stairway, Attic, 2nd Kitchen, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s), Ceiling Fan(s)
Flooring Hardwood, Ceramic Tile
Equipment Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Fireplace N
Appliance Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Heat Source Natural Gas
Exterior
Garage Additional Storage Area, Basement Garage, Garage - Rear Entry
Garage Spaces 8.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt,Shingle
Accessibility None
Parking Type Driveway, Attached Garage, Off Street
Attached Garage 4
Total Parking Spaces 8
Garage Y
Building
Lot Description Cleared, Corner, Front Yard, SideYard(s)
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327545130 007
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Chris Yankosky • Northrop Realty
