$182,500
2316 E Madison St, Baltimore, MD 21205
- 3Beds
- 2Baths
- 1109SqFt
- 3Beds
- 2Baths
- 1109SqFt
- Property TypeTownhouse
- Year Built1920
- Price per Sqft$165
- On highrises4 Days
Property Details
Investor Alert - This is part of a two-property portfolio in conjunction with 2221 Jefferson St Baltimore, MD 21205 MLS# MDBA2192164. Both properties are being offered at $365,000 through the sale of the holding LLC (Saving at least $5,000 on transfer taxes). - 2316 E Madison St is a 3 bed, 1 full & 1 half bath, with partially finished basement. This property went through a full renovation in 2013 with all new framing, drywall, wood flooring, electric, plumbing, baths, kitchen, etc. A new roof including decking and skylight were installed in 2024. Minimal renovations needed to make it rent ready. Long term rents project at $1,700+ per month (Source: Zillow and MLS) and mid-term (90 Days min) furnished rents projected at $2,000+ per month (Source: Furnished Finder) A more extensive renovation with value add options will increase your ARV to well over $275,000. - With new construction homes at Henderson Crossing and a short walk to Johns Hopkins Hospital, Northeast Market, and Patterson Park, this area has seen a massive revitalizing over the past few years with numerous renovated properties hitting the market. Don't miss out to cash in on this prime investment opportunity.
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 1 Dimensions: 17' x 12'
- Bedroom 2 Dimensions: 16' x 12'
- Bedroom 3 Dimensions: 12' x 7'
- Bedroom 1 Level: Upper 1
- Bedroom 2 Level: Upper 1
- Bedroom 3 Level: Upper 1
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Thomas Altvater
- state license#649742
- Brokered by:
- Exp Realty, LLC
- (888) 860-7369