Address
637 S Paca Street, Baltimore, MD
Price
$ 445,000
Property Attributes
- MLS#MDBA2123104
- TypeMulti-Family
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodRidgelyS Delight
- Zip21230
- StyleConverted Dwelling
- Year Built1900
- Taxes$ 5487
- Price$ 445,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
Only a 7 Minute Walk to University of Maryland Baltimore Campus, Which Houses Six Distinct Graduate Schools & Does Not Offer Students On-Campus Housing, Creating High Rental Demand. 250,000 Square Foot Addition to University of Marylands BioPark: Attracting 50 to 100 New Companies to Baltimore City & Encouraging Population Growth. Self-Contained Apartments Are More Easily Manageable as Tenants Control Their Own Living Environment and Pay Their Own Utilities. Affordable Entry Point into Ridgelys Delight at Only $148,333 Per Unit. Located on the west end of South Paca, this Ridgelys Delight 3-unit dwelling is accessed through an airy breezeway. Apartment A spans three stories and features spacious bedrooms with en-suite bathrooms. The open kitchen and living area are bright, adorned with large wooden windows that overlook a quiet, tree-lined street. Apartment B is spread across two stories and showcases a recently renovated kitchen, boasting cement countertops, stainless steel appliances, stone backsplash, and stylish wood-shaker cabinetry. Pressed tin ceilings add charm to the main floor living area. The studio apartment occupies the top floor of the carriage house, situated atop a one-car garage. It is outfitted practically, with upgrades including new laminate flooring throughout. Each unit is equipped with its own washer and dryer, providing added convenience for tenants. Apartments in the main building have gas-fired furnaces with central air conditioning. The carriage house has an electric heat pump with central air. Each apartment is served by its own 40-gallon electric-fired water heater. The main water supply line has been upgraded to copper, preventing a costly repair in the future. All observable interior water supply lines are copper or C-PVC. All observable drain lines are PVC. The landlord currently pays for water. Ridgelys Delight is known for its beautiful and well-maintained rowhouses, many of which were built in the Federal style popular during the late 18th and early 19th centuries. The architecture reflects the neighborhoods historic significance and adds to its charm. With its proximity to the University of Marylands Baltimore Campus, graduate students demand quality housing within walking distance, which 637 South Paca proudly offers. Tenants can truly experience Baltimore City, with both the Orioles Stadium and Ravens Stadium close by, along with the popular restaurants and bars that host these die-hard fans. The University of Marylands BioPark is across the street and expected to be completed in late 2024. This project hopes to incentivize up to 100 new companies to move into the building, creating jobs, foot traffic, and increased retail.
| Price History | |
|---|---|
| 4/25/2024 | Listed $445,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s),Forced Air |
| Cooling | Central A/C |
| Possession | Settlement,Subject to Existing Lease |
| Zoning | R-8 |
| Garage Spaces | 1.00 |
| Pool Y/N | No Pool |
| Architectural Style | Converted Dwelling |
| Construction Materials | Brick |
| Exclusions | Tenants possessions excluded. |
| Year Built | 1900 |
| Electric | 200+ Amp Service |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Section | 06 |
| Accessibility | None |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | RIDGELY'S DELIGHT |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-02T14:02:01 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclaimer,Lead Based Paint - State |
| Zoning Description | Licensed for 3 Dwelling Units |
| Total Units | 3 |
| Lot Size Square Feet | 1725.00 |
| Tax Assessed Value | 232500.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | PACA |
| Tax Annual Amount | 5487.0 |
| Property Condition | Good |
| Two Bedroom | 2 |
| Structure Type | End of Row/Townhouse |
| Single Room Units Count | 1 |
| Price Per Sq Ft | 228.21 |
| Vacation Rental Y/N | No |
| Total SQFT | 2400 |
| Days on Market | 8 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ward 22 |
| Tax Lot | 042 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric,Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 1 |
| Garage Features | Garage - Rear Entry,Garage Door Opener |
| Type of Parking | Detached Garage |
| Land Use Code | R |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 65000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Detached Garage Spaces | 1 |
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 21230
Price
Taxes
Visits
Year Built
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Last Updated: May 5, 2024 10:01 AM UTC
