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    127 W Read Street

    BALTIMORE, MD 21201
    • $339,000
    • STATUS: Active Under Contract
    • ON SITE: 22 days
    • ID#: MDBA552868
    Under Contract
    UPDATED: 60 min ago
    $339,000
    • 1
      BEDS
    • 0.03
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    County:

    School Ratings & Info

    Description

    What makes this 2 unit mixed use investment property in the heart of Mount Vernon special? A great opportunity to own a well maintained, charming, affordable mixed use investment property in the heart of historic Mount Vernon. Currently fully leased, this property gives a first time buyer an opportunity to get their feet wet with a well maintained mixed use investment property in a great location. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other help pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner occupied investing. Property details of this 2 unit mixed use property. The property is make up is office space on the first floor and nicely finished basement level. Expose brick walls, , open floor plan, full bath and small kitchen make this a nice working space. The office kitchenette has a 2 burner gas cooktop, under counter refrigerator and stainless steel bar sized sink. The fully contained spacious, two level one bedroom, one and half bath has a open, bright feel with historic features including hardwood floors, high ceilings and exposed brick walls. The apartment kitchen has wood cabinets, ceramic tile counter tops, 30+G- gas range, 18+G- dishwasher, refrigerator and porcelain sink. The apartment also has a full sized washer/ dryer. Who pays the utilities in this investment property? Mechanically, the building is in good shape. The office space (new 2019) and the apartment have separate gas fired forced air heating systems and and central air conditioning. Each unit has a 40 gallons electric hot water heaters. The units are separately metered for gas and electric with 200 Amp main with 100 Amps into each unit with separate panels allowing the tenants to easily pay their own utilities. The roof is torch down rubber. What+GGs Nearby The location of 127 West Read St. is one of the highlights of the property. It is not surprising the property receives a +G+Walk Score+G- of 96 out of 100. It is a 10 minute walk to Penn Station+GGs Amtrak / MARC and Light Rail, making commuting to Washington, DC or heading to NYC for a meeting an easy task. Within minutes of your front door, you can take in shows at The Lyric and The Meyerhoff Symphony Hall. High end restaurants, museums and world class universities including University of Baltimore School of Law and Johns Hopkins University are close by.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-18T19:53:23.867.
    www.exitrealtyenterprises.com/homes/117620198
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    127 W Read Street BALTIMORE, MD 21201

    • Price: $339,000
    • Status: Active Under Contract
    • Updated: 60 min ago
    • ID#: MDBA552868
    1
    Beds
    2
    Baths
    1
    ½ Baths
    0.03
    Acres
    Neighborhood:
    Mount Vernon
    County:
    Baltimore City
    School District:
    Baltimore City Public Schools
    Property Description
    What makes this 2 unit mixed use investment property in the heart of Mount Vernon special? A great opportunity to own a well maintained, charming, affordable mixed use investment property in the heart of historic Mount Vernon. Currently fully leased, this property gives a first time buyer an opportunity to get their feet wet with a well maintained mixed use investment property in a great location. The property sets up well for FHA (owner occupied) financing, live in one unit and let the other help pay your mortgage. Check out our House Hacking video to learn more about the advantages of owner occupied investing. Property details of this 2 unit mixed use property. The property is make up is office space on the first floor and nicely finished basement level. Expose brick walls, , open floor plan, full bath and small kitchen make this a nice working space. The office kitchenette has a 2 burner gas cooktop, under counter refrigerator and stainless steel bar sized sink. The fully contained spacious, two level one bedroom, one and half bath has a open, bright feel with historic features including hardwood floors, high ceilings and exposed brick walls. The apartment kitchen has wood cabinets, ceramic tile counter tops, 30+G- gas range, 18+G- dishwasher, refrigerator and porcelain sink. The apartment also has a full sized washer/ dryer. Who pays the utilities in this investment property? Mechanically, the building is in good shape. The office space (new 2019) and the apartment have separate gas fired forced air heating systems and and central air conditioning. Each unit has a 40 gallons electric hot water heaters. The units are separately metered for gas and electric with 200 Amp main with 100 Amps into each unit with separate panels allowing the tenants to easily pay their own utilities. The roof is torch down rubber. What+GGs Nearby The location of 127 West Read St. is one of the highlights of the property. It is not surprising the property receives a +G+Walk Score+G- of 96 out of 100. It is a 10 minute walk to Penn Station+GGs Amtrak / MARC and Light Rail, making commuting to Washington, DC or heading to NYC for a meeting an easy task. Within minutes of your front door, you can take in shows at The Lyric and The Meyerhoff Symphony Hall. High end restaurants, museums and world class universities including University of Baltimore School of Law and Johns Hopkins University are close by.
    Exterior Features

    Architectural Style Colonial Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Heating 90% Forced Air Heating YN Yes Levels 3 Main Level Bedrooms 0 Upper Level1 Bedrooms 0

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Baltimore City Navigable Water YN N New Construction YN No Original MLSNumber 304627149833 Ownership Interest Fee Simple Possession 31-60 Days Cd Sale Type Standard Section 09 Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6305.00 Tax Assessment Amount 282100.00 Tax Lot 022A Vacation Rental YN No Water Source Public Zoning Or-2

    Listing courtesy of Ben Frederick Realty, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-18T19:53:23.867.
     
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