501 Pennsylvania AveBaltimore, MD 21201MLS Number MDBA2015126

  • Price: $150,000
  • 12 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
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501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201501 Pennsylvania Ave Baltimore MD 21201
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  • 0.04Acreage
  • 1920Year Built
  • 38Price Per Square Foot
  • 1Units

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List price to be opening bid. Open House/Guided Tour to take place on Friday,October 8th PROMPTLY at 12PM. Online registration & bidding opens on Saturday October,09 at 1pm EDT and ends Thursday October,14 at 1pm EDT. Fully Leased Mixed Use Building with 2 Commercial Units and 2 Residential Units in the "Seton Hill" Neighborhood *$33,048 Gross Annual Income* IMPROVEMENTS: 3-story 3,990 +/- sq. ft. building configured as two residential units on the 2nd and 3rd levels and two commercial units on the 1st level. The building has prime retail frontage on the corner of Pennsylvania Avenue and Route 40. All units are rented and have their own separate electric meters. Each unit has its own central HVAC unit with heat pump and an electric hot water. The residential units have been designated limited lead free. Unit Rent & Description: Current Gross Monthly Rent: $2,745. Gross Annual Rent at Current Rental Amounts: $33,048. All units are on month to month tenancy. All tenants are current on their rent as of August 2021. 501 Pennsylvania Ave. Level 1 - Clothing boutique paying $695/month (5+ year tenancy) 501 Pennsylvania Ave. Levels 2 & 3 - 1BR & 1BA apartment paying $625/month. 503 Pennsylvania Ave. Level 1 - Barber shop paying $695/month (20+ year tenancy). 503 Pennslyvania Ave. Levels 2 & 3 - 2BR & 1BA apartment paying $730/month (25+ year tenancy). SITE: 1,960 +/- sq. ft. lot,Zoned C-1 according to the Baltimore City Zoning Map and Maryland SDAT. See Baltimore City Zoning Legend for more information about C-1.
Listed by Matthew S Cooper of Alex Cooper Auctioneers,Inc.

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Basic Information

  • Broker NameAlex Cooper Auctioneers, Inc.
  • List Price$150,000
  • MLS NumberMDBA2015126
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot38
  • StatusACT
  • Units1
  • Vacation Rental YNN

Building

  • Building Area SourceEstimated
  • Building Area Total3990
  • Construction MaterialsBrick, Other
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces
  • Year Built1920

Amenities

  • Accessibility AmenitiesNone

Other

  • View Count1

Tax Information

  • Assessment Year2021
  • City Town Tax4718
  • City Town Tax Payment FrequencyAnnually
  • County Tax235
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount216000
  • Tax Lot8
  • Tax Year2020
  • Taxes$4,953
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.04
  • Business TypeOther
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,960
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningC-1

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Parking

  • Assigned Parking Spaces
  • Parking TypesOn Street

Basic Information

  • Date Listed10/04/2021

Location

  • Address501 Pennsylvania Ave
  • Building Number501
  • CountyBaltimore City
  • Directions39.2949775, -76.6238978
  • In City Limits YNY
  • IncorporatedcitynameBaltimore City
  • StateMD
  • TownBaltimore
  • Water Oriented YNN
  • Zip21201

Utilities

  • Central Air YNN
  • CoolingWindow Unit(s), Other
  • Cooling FuelElectric
  • Heat SystemHeat Pump(s)
  • Heating FuelOther
  • Heating YNY
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Baltimore, MD Demographics

There is no data available

Baltimore, MD Real Estate Market Data

There is no data available

Baltimore, MD Schools

School NameDistanceTypeGrades
RE/MAX Realty Group - Gaithersburg
RE/MAX Realty Group - Gaithersburg
Office: 301-258-7757
6 Montgomery Village Avenue
STE200
Gaithersburg, MD 20879

Copyright 2021 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 RE/MAX Realty Group/100 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 October 16, 2021. 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.

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