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$740,000   Price Analysis
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3333 Alto Rd
Baltimore, MD 21216
12 bed 3 bath 5,124 SqFt ($144/SqFt)
4,103SqFt lot. Built 1930
Listed 2024-04-15
Ⓧ USDA Ineligible
due to location

near Baltimore

A generous layout of 12 bedrooms

3 full bathrooms and 1 half bath, this home is ideally suited for an Assisted Living Facility. It coms with a current assisted living CFO license, making it a prime opportunity for those looking to invest in the healthcare sector or expand their portfolio with a property designed to meet the needs of a thriving assisted living facility. Nestled in the heart of Baltimore, MD, at 3333 Alto Rd, 21216, this expansive property, boasting over 4, 700 sq ft of living space, is currently on the market for $740, 000. This facility is uniquely positioned to accommodate up to 16 residents, with a potential revenue of approximately $3800 per person per month if operated as an assisted living facility.

This offers an excellent investment opportunity with significant income potential in the growing sector of re sidential care. The house is equipped with essential features for comfort and safety, including chair lifts, a comprehensive sprinkler system and a water storage system, ensuring a secure and convenient environment for residents and operators alike. Furthermore, the property is already metered for 3 separate units, offering the flexibility to accommodate multiple residents or tenants with ease and efficiency. Whether you're looking to step into the assisted living business or searching for a large, versatile property in Baltimore, 3333 Alto Rd presents a unique and valuable opportunity


Presented by Kurtis Jerome Coleman Jr. at
RE MAX Advantage Realty.
Listing Agent Photo

Property MLS #MDBA2120354 from BrightMLS

Bedrooms: 12

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Basement

Cooling Features: Ceiling Fan(s), Central A/C, Window Unit(s)
Heating Features: 90% Forced Air
Heating: Yes

Lot Size Acres: 0.0941919
Lot Size Square Feet: 4102

Garage Spaces: 1
Garage Features: Garage - Rear Entry
Parking Features: Attached Garage Spaces: 1, On Street, Attached Garage
Parking Total: 1

Association: No
Calculated Total Monthly Association Fees: 0

School District: BALTIMORE CITY PUBLIC SCHOOLS

Hilton Elementary School is a public elementary school located approximately 0.1 miles away.
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Booker T. Washington Middle School is a public middle school located approximately 2.7 miles away.
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Imani Christian School is a private elementary, middle and high school located approximately 0.2 miles away.
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K.A.S.A. (Knowledge And Success Academy) is a public middle and high school located approximately 0.5 miles away.
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Municipality: Baltimore City
Annual Tax Amount: 6658.0
Source Listing Status: Active
County: BALTIMORE CITY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: BALTIMORE CITY
Property Subtype: townhouse
Source Neighborhood: HANLON
Postal Code Plus 4: 1877
Subdivision: HANLON
Source System Name: C2C

Listed 2024-04-15
$740,000
BrightMLS

Total Square Feet Living: 5124
Year Built: 1930
Above Grade Finished Area: 4764
BelowGradeFinishedArea: 360
Below Grade Unfinished Area: 1252
Construction Materials: Brick
Property Age: 94
Levels or Stories: 3
Structure Type: End of Row/Townhouse
House Style: Traditional
Total Area Sqft: 6376
Total Below Grade Area: 1612

Chairlift
Grab Bars Mod
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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.