MD
BALTIMORE
21218
3301 GUILFORD AVENUE
3301 GUILFORD AVENUE, BALTIMORE, MD 21218
Listing Type
multi family
Listing Status
pending
44
$575,000

Home Details for 3301 GUILFORD AVENUE

Price
$575,000
Type
Multi-Family
Bedrooms
0
Bathrooms
0.0
Square feet
2606
Year built
1915
Lot size acres
0.04
Garage
2
Days on site
83
MLS Listing#
MDBA2132774
Listing courtesy: Ben Frederick Realty, Inc. - 4102359500
Property Description

Discover an exceptional investment opportunity located directly across from Union Memorial MedStar Hospital, home to over 2,500 employees, and just two blocks from Johns Hopkins Homewood University, a hotspot for student housing. This prime location offers significant value-add potential through interior improvements and rent increases, promising long-term wealth growth and appreciation for Charles Village investors. Don't miss out on capitalizing on this high-demand area! This savvy landlord has implemented a utility bill-back ratio for water service, public service electric and heating fuel, enhancing monthly cash flow. A central gas-fired hot water boiler provides heating through radiator distribution, while a central gas-fired water heater supplies hot water to the units. The observable interior supply lines consist of galvanized, copper, and plastic materials, and the observable drain lines are a mix of steel and PVC. The building features five electric meters, with electrical panels containing a combination of Federal Pacific and Square D breakers. Leases include built-in 5% rent increases upon renewal; automatically increase your rental income each year with this investment property. This 4-unit multi-family building, located across from Union Memorial, is a large end-of-group. The extra south-facing windows provide ample natural sunlight to the apartments. Kitchen counters are a mix of Formica, granite or porcelain. Cabinets are either metal or wood. Bathrooms have either steel or cast-iron tubs, all with ceramic tile-surrounds. The walls are a mix of plaster and drywall, and the ceilings include Celotex, drywall, plaster, and drop tile. A covered porch provides a welcoming entrance, and tenants appreciate the free laundry facilities in the basement. The brick garages at the rear of the property each have large wooden doors. In addition to being across the street from one of Baltimore City’s major employers, 3301 Guilford is 1 block to the Johns Hopkins Shuttle Bus, 1 block to the Charles Village Shopping District and just 2 blocks from Johns Hopkins University Homewood Campus. Located in the Oakenshawe neighborhood, just north of Charles Village, 3301 is patrolled by both Johns Hopkins and Union Memorial security. This location earns a “Walker’s Paradise” Walk Score of 94; a Transit Score of 67; and a Bike Score of 82.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Radiator
  • Water Features
    • Public
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-10-01 02:18:33
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT ON THE HARBOR REALTY
600 Fairmount Avenue Suite #205, Towson, MD 21286
Office
410 919 9660
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