Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
Baltimore, MD 21217,1502 W MOUNT ROYAL AVE
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$500,000

$475,000

5.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,978 SqFt


SOLD DATE : 01/24/2024

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,978 sqft

Price per Sqft $125

Subdivision Bolton Hill Historic District

MLS Listing ID MDBA2107522

Sold Date 01/24/24

Style Traditional

Abv Grd Liv Area 3,978

Originating Board BRIGHT

Year Built 1880

Annual Tax Amount $8,937

Tax Year 2022

Property Description

BEST & FINAL OFFERS DUE BY 5PM ON 12/26. Welcome to 1502 Mt Royal Ave, a distinguished three-unit apartment building situated in the picturesque neighborhood of Bolton Hill. This property offers an outstanding opportunity for investors or owner-occupants seeking a prime real estate investment in a desirable location.

The first floor apartment is a 1 - 2 bedroom unit depending on how tenant wants to configure it. The second and third floor apartments have two - three bedrooms depending on configuration. Modern kitchens, and baths, providing comfortable and contemporary living spaces. Formerly utilized as dorm housing for MICA students, this property offers versatile potential for various residential uses. The property comes with two parking spaces and a backyard. There are no rent rolls, P&L etc. This was a dorm for MICA. All the units are separately metered for gas and electric, and a public meter for common area electric.

Nestled in Bolton Hill, residents will appreciate the easy access to a variety of amenities, including cafes, restaurants, and parks. The proximity to Penn Station provides convenient transportation options, including the MARC Train to DC, Amtrak to Philly or NYC, and the Light Rail to BWI, enhancing the connectivity of the neighborhood.

This desirable neighborhood offers a perfect blend of urban convenience and community charm, creating an appealing living environment for all. Whether you're considering it as an investment opportunity or a new place to call home, 1502 Mt Royal Ave presents endless possibilities for investors and potential owner-occupants looking to offset their monthly expenses.

The property is located in a CHAP Historic District and it is subject to the Midtown Special Benefits District Surcharge Tax. Buyer to verify zoning with Baltimore City. There is no past rent roll for this property. It was a dormitory for MICA students. Property is delivered vacant, with no tenants.

Don't miss the chance to explore the potential of this exceptional property in Bolton Hill. Schedule a showing today and discover the allure of 1502 Mt Royal Ave.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Mount Royal Elementary-Middle School

School District Baltimore City Public Schools

Others

Tax ID 0314010369 021

Ownership Ground Rent

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jessica H Dailey • Compass
Bought with Rachael Altemose • Monument Sotheby's International Realty

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Nader Shirazi

Agent

+1(202) 256-4690

1350 Florida Ave NE, Washington, DC, 20002, United States

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