$445,000 Price Analysis   ♡   Baltimore, MD 21230 4 bed None bath 1,950 SqFt ($228/SqFt) 1,725SqFt lot. Built 1900 Listed 2024-04-25 | Ⓧ USDA Ineligible due to location near Baltimore |
Only a 7 Minute Walk to University of Maryland Baltimore Campus
* Sale Pending *Which Houses Six Distinct Graduate Schools and Does Not Offer Students On-Campus Housing, Creating High Rental Demand. 250, 000 Square Foot Addition to University of Marylands BioPark: Attracting 50 to 100 Contemporary Companies to Baltimore City and Encouraging Population Growth. Self-Contained Apartments Are More Easily Manageable as Tenants Control Their Own Living Environment and Pay Their Own Utilities. Affordable Entry Point into Ridgelys Delight at Only $148, 333 Per Unit. Located on the west end of South Paca, this Ridgelys Delight 3-unit dwelling is accessed through an airy breezeway. Apartment A spans three stories and features roomy bedrooms with en-suite bathrooms. The open kitchen and living area are bright, adorned with large wooden windows that overlook a quiet, tree-lined street. Apartment B is spread across two stories and showcases a recently renovated kitchen, boasting cement countertops, stainless steel appliances, stone backsplash and stylish wood-shaker cabinetry. Pressed tin ceilings add charm to the main floor living area.
The studio apartment occupies the top floor of the carriage house, situated atop a one-car garage. It is outfitted practically, with upgrades including new laminate flooring throughout. Each unit is equipped with its own washer and dryer, providing added convenience for tenants. Apartments in the main building have gas-fired furnaces with central air conditioning. The carriage house has an electric heat pump with central air. Each apartment is served by its own 40-gallon electric-fired water heater. The main water supply line has been upgraded to copper, preventing a costly repair in the future. All observable interior water supply lines are copper or C-PVC. All observable drain lines are PVC. The landlord currently pays for water. Ridgelys Delight is known for its pretty and well-maintained rowhouses, many of which were built in the Federal style popular during the late 18th and early 19th centuries. The architecture reflects the neighborhoods historic significance and adds to its charm. With its proximity to the University of Marylands Baltimore Campus, graduate students demand quality housing within walking distance, which 637 South Paca p roudly offers. Tenants can truly experience Baltimore City, with both the Orioles Stadium and Ravens Stadium close by, along with the popular restaurants and bars that host these die-hard fans. The University of Marylands BioPark is across the street and expected to be completed in late 2024. This project hopes to incntivize up to 100 new companies to move into the building, creating jobs, foot traffic and increased retail.
Presented by Will Cannon at
Ben Frederick Realty, Inc.
Property MLS #MDBA2123104 from BrightMLS
Heating Features: Heat Pump(s), Forced Air
Heating: Yes
Garage Features: Garage - Rear Entry, Garage Door Opener
Parking Features: Detached Garage Spaces: 1, Detached Garage
Parking Total: 1
Lot Size Square Feet: 1725
Number of 2 Bedroom Units: 2
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: BALTIMORE CITY
Source Property Type: Multi-Family
Area: BALTIMORE CITY
Source Neighborhood: RIDGELY'S DELIGHT
Postal Code Plus 4: 2423
Subdivision: RIDGELY'S DELIGHT
Township: Baltimore City
Property Subtype: Triplex
Source System Name: C2C
$445,000
BrightMLS
Year Built: 1900
Construction Materials: Brick
Property Age: 124
Structure Type: End of Row/Townhouse
House Style: Converted Dwelling
Total Below Grade Area: 450
Architectural Style: End of Row/Townhouse
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.