Address
869 Hollins Street, Baltimore, MD
Price
$ 385,000
Property Attributes
- MLS#MDBA2123468
- TypeMulti-Family
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodHollins Market
- Zip21201
- StyleConverted Dwelling
- Year Built1900
- Taxes$ 6089
- Price$ 385,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
3 Blocks Away From University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing. 600 From University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby Their Place of Employment. Opportunity to Increase Rents Through Apartment Upgrades. Hollins Market Neighborhood is Considered One of the Most Convenient Neighborhoods in Baltimore City By LiveBaltimore.com, with Easy Commuting for Both Landlords and Tenants. A large two-bedroom, two-bath apartment encompasses the entire first floor. New hardwood floors throughout the living space, and full kitchen with 30 electric range, dishwasher, laminate counters and wood cabinets. Upstairs, the second and third floor each have a large studio apartment. Kitchenettes have laminate counters, wood cabinets, and either 20 gas or electric ranges. All bathrooms have modern vanities, steel showers or tubs with vinyl enclosure. This Hollins Market investment property is heated by a central Columbia gas-fired hot water boiler with radiator distribution. Tenants supply their own window air-conditioning units. Tandem gas-fired water heaters serve the apartments: 2023 Rheem 50-gallon and 2018 Rheem4 0-gallon. The landlord does pay for hot and cold water. The property has 2 gas meters and three electric meters, with 300-amp electrical service to the building. The landlord pays the electric for 4 of the 5 apartments. A utility bill-back system would increase cash flow, passing through utility charges to tenants. A copper water main prevents the worry for an expensive replacement in the future. All interior water supply lines are copper, and all interior 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 $385,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | 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 | Other |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Section | 08 |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | HOLLINS MARKET |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-11T05:38:50 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | Licensed for 5 Dwelling Units. |
| Total Units | 4 |
| Lot Size Square Feet | 1440.00 |
| Tax Assessed Value | 276867.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 5 |
| Street Name | HOLLINS |
| Tax Annual Amount | 6089.0 |
| Two Bedroom | 1 |
| Structure Type | End of Row/Townhouse |
| Single Room Units Count | 4 |
| Price Per Sq Ft | 106.12 |
| Vacation Rental Y/N | No |
| Total SQFT | 4880 |
| Days on Market | 13 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 18 |
| Tax Lot | 038 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Inclusions | 5 ranges (1 gas,4 electric); 5 refrigerators. 1 washer,1 dryer |
| 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 21, 2024 6:14 AM UTC
