Address
871 Hollins Street, Baltimore, MD
Price
$ 395,000
Property Attributes
- MLS#MDBA2123424
- TypeMulti-Family
- CountyBALTIMORE CITY
- CityBaltimore
- Zip21201
- StyleConverted Dwelling
- Year Built1900
- Taxes$ 5050
- Price$ 395,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Opportunity to Increase Rents Through Apartment Upgrades. Located 600 From the University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby their Place of Employment, and Just 3 Blocks Away from the University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing.The first-floor apartment spans two stories, with access on both the first and second floors for tenants to easily move in and out, connected on the interior with a spiral staircase. With three large bedrooms and two bathrooms, this unit is highly desirable for educated professionals seeking housing near world-renowned educational facilities. The kitchen features a 30 gas stove, laminate countertops, and wood cabinets. This unit comes with a stacked, in-unit washer and dryer for added convenience. Second and third-floor apartments have 30 electric stoves, laminate countertops, and wood cabinets. All bathrooms have steel or fiberglass tubs with fiberglass or vinyl tub surrounds and modern vanities. The first-floor apartment has a Gibson gas-fired furnace with central air conditioning. The second and third floor apartments have electric baseboard heat, and tenants supply their own window air conditioners. A central 2021 Rheem 30-gasllon gas fired serves the building. The landlord currently pays for heating and water and sewer service; a utility bill-back service could significantly improve cash flow. All observable interior water supply lines are copper; observable drain lines are PVC. Tenants in this Hollins Market investment property enjoy living in one of the most convenient areas of the City, according to LiveBaltimore.com. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest. The areas close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.
| Price History | |
|---|---|
| 4/29/2024 | Listed $395,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric,Forced Air |
| Cooling | Central A/C,Window Unit(s) |
| Possession | Settlement,Subject to Existing Lease |
| Zoning | R-8 |
| Architectural Style | Converted Dwelling |
| Construction Materials | Brick |
| Exclusions | Tenant's possessions excluded. |
| Year Built | 1900 |
| Property SubType | Triplex |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Section | 08 |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-11T05:38:49 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclaimer,Lead Based Paint - State |
| Zoning Description | Licensed for 3 Dwelling Units. |
| Total Units | 1 |
| Lot Size Square Feet | 1200.00 |
| Tax Assessed Value | 228467.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | HOLLINS |
| Tax Annual Amount | 5050.0 |
| Structure Type | Interior Row/Townhouse |
| Single Room Units Count | 1 |
| One Bedroom Units Count | 1 |
| Price Per Sq Ft | 118.62 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 4440 |
| Days on Market | 13 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 18 |
| Tax Lot | 037 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Inclusions | 3 stoves,3 refrigerators. |
| Type of Parking | None |
| Land Use Code | R |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 60000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 21201
Price
Taxes
Visits
Year Built
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Last Updated: May 16, 2024 11:33 PM UTC
