Listing Tools

Great 6 unit building one block from Bolton Hill with a ton of upside potential. 4 out of 6 units were recently renovated. An estimated solid 8% + cap rate property. All plumbing and electrical was updated in 2008, gas fed forced air units and hot water heater were replaced in 2021. Great unit mix; (2) 2 bedrooms, (1) 1 efficiency, and (3) 1-bedroom units. With separate meters the tenants pay all their own utilities, which makes this a great income generating property for the owner. 3 of the 6 units are currently on month-to-month leases. Recently enhanced units and common areas but there still room to improve. Possibility to increase property value/income by adding laundry and/or storage areas to the basement. Walking distance to Maryland Institute College of Art (MICA), one of the country's premier art schools, with an enrollment of 3,500. Other Nearby Colleges: University of Baltimore, Johns Hopkins University, Coppin State University, Baltimore City Community College. Nearby Development Projects: Madison Park North ($120M mixed-use redevelopment), Penn Station. ($90M mixed-use redevelopment) Being sold as is.

Property Details of 1712 Madison Avenue

Property Details

Interior Features

Utilities and Appliances

Map Location

Driving Directions

Listed by Linda Min of Samson Properties

Listing Sold by Cummings & Co. Realtors

Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 18, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.