726 Reservoir Street

    BALTIMORE, MD 21217
    • $325,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: MDBA511138
    UPDATED: 211 min ago
    $325,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,692
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    House hackers!!! PAY ATTENTION. THIS IS THE ONE YOU'VE BEEN LOOKING FOR. Fabulous opportunity for owner-occupant to really take advantage of the FHA-203K program and improve a great investment and live (relatively) rent-free. This building opens to a cute lobby area with floor to ceiling windows, the original staircase and skylight. First floor and third floor are rented by stable tenants who take care of their spaces. So, turn-key rentals the day you move in. Annual rental income is currently $21,000 per year with the two units rented . Second floor unit is a blank slate waiting for your vision of your own home to come to life. Building is in good shape - will improve your ARV with some easy updates like laundry in units and maybe some kitchen and bath updates. Reservoir Street is tree-lined and has stately Victorians lining the block. Fabulous location in Reservoir Hill - near Druid Hill Park and easy access to both MLK and 83. Building was just inspected - available in documents. Being sold strictly as-is with 15-day right to inspect. Make sure you check out the Matterport virtual tour. Prior to showing tenant occupied units, prospective buyers must fill out and certify Financial Information Sheet, COVID Hold Harmless, and provide proof of funds or pre-qualification. All documents available with listing. Easy to see vacant owner's unit without documents.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gus Anthony Team | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-06-02T23:49:24.083.
    www.thegusanthonyteam.com/homes/106180846

    726 Reservoir Street BALTIMORE, MD 21217

    • Price: $325,000
    • Status: Active
    • Updated: 211 min ago
    • ID#: MDBA511138
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,692
    SQFT
    $121
    $/SQFT
    1905
    Built
    Neighborhood:
    Reservoir Hill
    County:
    Baltimore City
    School District:
    Baltimore City Public Schools
    Property Description
    House hackers!!! PAY ATTENTION. THIS IS THE ONE YOU'VE BEEN LOOKING FOR. Fabulous opportunity for owner-occupant to really take advantage of the FHA-203K program and improve a great investment and live (relatively) rent-free. This building opens to a cute lobby area with floor to ceiling windows, the original staircase and skylight. First floor and third floor are rented by stable tenants who take care of their spaces. So, turn-key rentals the day you move in. Annual rental income is currently $21,000 per year with the two units rented . Second floor unit is a blank slate waiting for your vision of your own home to come to life. Building is in good shape - will improve your ARV with some easy updates like laundry in units and maybe some kitchen and bath updates. Reservoir Street is tree-lined and has stately Victorians lining the block. Fabulous location in Reservoir Hill - near Druid Hill Park and easy access to both MLK and 83. Building was just inspected - available in documents. Being sold strictly as-is with 15-day right to inspect. Make sure you check out the Matterport virtual tour. Prior to showing tenant occupied units, prospective buyers must fill out and certify Financial Information Sheet, COVID Hold Harmless, and provide proof of funds or pre-qualification. All documents available with listing. Easy to see vacant owner's unit without documents.
    Exterior Features

    Architectural Style Victorian Construction Materials BrickStone Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Average Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2692 Basement Interior AccessRough Bath PlumbUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Multi UnitsCentral A/C Flooring HardwoodCarpetCeramic TileLaminated Heating Forced Air Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0 Walls Ceilings 9'+ CeilingsPlaster Walls

    Property Features

    Acceptable Financing CashFha 203(K)Conventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel Electric Existing Lease Type Month To Month Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Baltimore City Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 304136595076 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Triplex Sale Type Standard Section 11 Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 5779.00 Tax Assessment Amount 232100.00 Tax Lot 036 Total Actual Rent 21000.00 Vacation Rental YN No Water Source Public Zoning R-8

    Listing courtesy of Keller Williams Gateway Llc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gus Anthony Team | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-06-02T23:49:24.083.
     
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