$499,000 Price Analysis 106 N Howard StBaltimore, MD 21201 4 bed 3 bath 2,768 SqFt ($180/SqFt) 1,032SqFt lot. Built 1900 Listed 2024-05-13, Taxes $4,576 | Ⓧ USDA Ineligible due to location near Baltimore |
This property offers an exceptional opportunity, boasting prime store-front commercial space complemented by two residential rental units above. The condominiums currently generate a total monthly rent of $2400, while the commercial space has the potential to command $3500 in rental income, positioning it favorably within the local commercial rental market. The commercial space encompasses 1, 032 square feet and is equipped with a complete jewelry workshop, along with a convenient half bath.
Additionally, the property offers 1, 032 square feet of unfinished basement storage. Notably, the sale price includes all jewelry merchandise items, including silver items, watches and machinery, enhancing the value proposition for prospective buyers. Adjacent to the property, plans are underway for a transformative development project across the street, which is poised to elevate the entire block with the introduction of a wholsale store and condominiums. This significant development is anticipated to have a positive impact on the future value a ppreciation of the building. We wish to highlight that the seller is motivated and open to negotiations, presenting an opportunity for savvy investors to capitalize on this prime asset.
Presented by Ibteesam Al Slimawy at
KW United.
Property MLS #MDBA2124970 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $116,500 + $77,400 $193,900 | $4,576 |
2021 | $311,000 + $77,400 $388,400 | $9,166 |
2020 | $unknown + $unknown $383,433 | $9,049 |
2019 | $unknown + $unknown $378,467 | $8,889 |
2018 | $296,100 + $77,400 $373,500 | $8,814 |
2017 | $unknown + $unknown $366,733 | $8,654 |
2016 | $unknown + $unknown $359,967 | $8,495 |
2015 | $275,800 + $77,400 $353,200 | $8,295 |
2013 | $275,800 + $77,400 $353,200 | $8,335 |
2012 | $unknown + $unknown $374,400 | $8,910 |
2011 | $unknown + $unknown $348,400 | $8,291 |
2010 | $unknown + $unknown $322,400 | $7,673 |
2009 | $unknown + $unknown $296,400 | $7,054 |
2008 | $unknown + $unknown $231,866 | $5,518 |
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.