3510 Greenmount Avenue
Baltimore, MDTake a look at this rare opportunity to own a 3-unit apartment building in the prestigious Guilford neighborhood! 3510 Greenmount Ave is a sunny, light-filled end-unit building that houses two 2-bedroom apartments and one 1-bedroom apartment. Tenants enjoy the large, bright interior room sizes that this 3,272 sq. ft. building offers. There is extra storage space in the basement and a detached 2-car garage with electric in the rear. Amenities include common laundry for first and third floor units in the basement; and in-suite laundry in the second floor apartment. In addition to typical refrigerators and ranges, all units' kitchens have a dishwasher and garbage disposal. Thru-wall air conditioning units are installed throughout. A new owner will enjoy the building's hardy, easy-to-clean finishes, and durability of the copper water service and steel fire escapes. The building is serviced by a 2015 200,000 BTU Columbia gas-fired hot water boiler, and a 2010 74-gallon gas-fired State Select hot water heater; the owner pays for the cost of heat. The owner has hired an electrician to separate the electrical meters for each apartment and for public service. Guilford is one of Baltimore's most noteworthy historic neighborhoods, and is situated just minutes from John Hopkins Homewood Campus, Notre Dame University, and Loyola College. 3510 Greenmount Ave earns a 90 WalkScore, making it a "Walker's Paradise" where most errands can be accomplished on foot. With many nearby transit options and easy access to downtown Baltimore, this location is attractive to a variety of tenants in today's market. While this building is part of the Guilford HOA, no fees are imposed. Make an appointment to see this investment property today! Investment Summary: $359,000 Investment $119,677 per unit $110 per square foot 8.2 Times Market Rent (GRM) 8.7 Times Actual Rent (GRM) 7.65% Cap rate 11.2% Projected Cash-on-Cash Return
Pending
- Price
- $ 359,000
- Lot Size
- 3,920 SqFt
- Bedrooms
- 5
- Full Bathrooms
- 0
- Year Built
- 1919
- Half Bathrooms
- 0
- City, Zip
- Baltimore
- Taxes
- 5367
- County
- BALTIMORE CITY
- Style
- Traditional
- Area
- MLS#
- MDBA534056
- Zip
- 21218
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,068
Per MonthBased on the average sale price from the Bethesda, MD office
- Monthly Principal & interest $1,939
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Schools
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Property vs Zip Code Average in 21218
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In The Neighborhood
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3510 Greenmount Avenue Baltimore, MD is a Single Family Home for sale at $359000 and a lot size of 3,920 SqFt Acre(s). 3510 Greenmount Avenue Baltimore has 5 bedrooms, 0 baths and was built in 1919. The property's zip code is 21218 which is in Baltimore, MD
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.