tomo logo

$389,000

Beds
4
Baths
3.0
sq ft
2,159

1756 Park Ave, Baltimore, MD 21217

1756 Park Ave

BALTIMORE, MD 21217

  • 19 days on market
Unlock the potential of this fantastic multifamily investment opportunity! This well-maintained 2-unit property features: Spacious Living: unit 2 has 3 bedrooms and 2 baths and Unit 1 has 1 bedroom and den with one bathroom offering ample space for tenants with extra space in the basement. Modern Amenities: Updated kitchens and bathrooms, with in-unit laundry facilities for added convenience Prime Location: Situated in a desirable neighborhood, close to schools, parks, shopping, and public transportation. Strong Rental History: Proven track record of consistent occupancy and rental income. Whether you’re an experienced investor or looking to start your real estate journey, this property is a must-see. A lot of new development by Rayan Homes across the street. Unit two is vacant show up anytime unit two has tenants who need an appointment. call the showing time or agent before showing there are tenants in unit one be considerate.

Details

Property type

Townhouse

Est. home value

$357,902

Lot size

Unknown

Price per sq ft

$181

Year built

1890

Annual property taxes

$6,069

HOA

No

Price History

11/04/2024
Bright

Bright #MDBA2142952

Listed
$389,000
+39.43%
11/19/2020
Bright

Bright #MDBA516090

Sold
$279,000

Schools & Community

Neighborhood: 

Bolton Hill

Elementary school: 

MT. ROYAL

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$166,843
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$191,037
Cash to seller
$166,843

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

November 2020

Original loan amount

$209,250

Est. remaining balance

$191,037

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ergeba Sheferaw

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/04/2024 at 11:10 PM

Listing updated: 11/04/2024 at 9:14 AM

Listed by: Girma Mengistu, HomeSmart Phone #: (301) 434-4065

MLS: Bright #MDBA2142952

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