$300,000
Active Under Contract
36 Days Online
3 Beds2 Baths1,470 SQFT
Active Under Contract

21 S Carrollton Avenue Baltimore, MD 21223

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Great opportunity to invest in a fully rented mixed-use building—just take over and start making money! Welcome to 21 S Carrollton Ave, a meticulously updated property that presents an incredible investment opportunity in the heart of a thriving neighborhood. This building features a fully rented front commercial space, generating $850 per month, offering an excellent setting for a business venture or consistent rental income. Ascend to the top floor to find a beautifully appointed 2-bedroom, 1-bathroom apartment, rented for $1, 200 per month, with brand new flooring throughout, creating a modern and comfortable living environment. At the back of the property, a charming studio apartment brings in an additional $850 per month, rounding out the total rental income to $2, 900 per month. Recent upgrades, including a new roof and flooring, ensure the building is fresh and inviting. Each unit is equipped with separate heating and cooling systems for personalized comfort, and with three separate meters for gas and electric, utility management is a breeze for both residents and property owners. Located just a block away from the newly renovated Hollins Market, this property is positioned in a prime location. The city has invested $2.5 million in revitalizing this area, with the grand reopening planned for spring 2024. This ensures a vibrant neighborhood with promising future property value increases. This isn’t just a property; it’s a smart investment opportunity. Whether you’re looking to live in one unit while renting out the others or simply enjoy the steady income, this building offers incredible potential. Don’t miss out on the chance to own a piece of this rapidly developing area at an affordable price. Seize the moment and make 21 S Carrollton Ave your next real estate venture—a perfect blend of modern convenience, strategic location, and the promise of a flourishing community. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.

  • Property TypeTownhouse
  • NeighborhoodHollins Market
  • CountyBaltimore City
  • Taxes$1,470
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberMDBA2137198
  • Home Size Source Assessor
  • Year Built1890
  • Lot Size0.03 Acres
  • Full Baths1
  • Partial Baths1

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General Features

  • Style Other
  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.03
  • Water Public
  • Property Sub Type Townhouse
  • Attached Garage No
  • Foundation Permanent
  • Zoning C-1

Interior Features

  • Cooling Central A/ CElectric
  • Heating CentralNatural Gas
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No

Schools

School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,451
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