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$415,000

Beds
10
Baths
6.0
sq ft
3,960

1812 McCulloh St, Baltimore, MD 21217

1812 McCulloh St

BALTIMORE, MD 21217

  • 1 day on market
Exceptional Multi-Unit Townhouse in Historic Druid Heights – Prime Investment Opportunity Welcome to 1812 McCulloh Street, a remarkable three-unit townhouse nestled in the heart of Baltimore’s historic Druid Heights (Ward 14). This unique property offers an outstanding investment opportunity in a rapidly developing neighborhood with increasing demand for rental properties and urban living. A quick overview of this property includes: Unit 1: 2 Bedrooms, 2 Baths Unit 2: 4 Bedrooms, 2 Baths Unit 3: 4 Bedrooms, 2 Baths A 3-unit total with historic charm and modern potential; this property is perfect for investors seeking strong rental income or homeowners looking to offset mortgage costs with additional rental revenue. With a versatile unit mix, this townhouse is ideal for multi-generational living, short-term rentals, or long-term leasing. This is a prime Location & Investment Growth located in Druid Heights, one of Baltimore’s emerging revitalization areas, this property sits within minutes of major development projects aimed at enhancing the community’s infrastructure and appeal. Recent and upcoming investments in affordable housing, community initiatives, and business incentives make this an excellent time to invest. This is a convenient access to nearby attractions like : - Parks & Recreation; Walking distance to Druid Hill Park, a 745-acre urban oasis featuring the Maryland Zoo, walking trails, sports courts, and the Rawlings Conservatory. - Education & Employment including Johns Hopkins University, MICA (Maryland Institute College of Art), Coppin State University, and University of Maryland Medical Center, ensuring a steady stream of potential tenants. Minutes from Penn Station, Metro SubwayLink, I-83, and public transit, offering quick commutes to downtown Baltimore and beyond. - Cultural & Lifestyle Hubs like nearby Mount Vernon, Station North Arts District, and Bolton Hill, known for their vibrant arts scene, cafes, and restaurants. Proximity to Mondawmin Mall, Lexington Market Revitalization Project, and new mixed-use developments driving property values up. These are some reasons why Invest in 1812 McCulloh Street; ✔ High Rental Demand in a growing community ✔ Strategic Location with easy access to major institutions and transit ✔ Historic Appeal with Modern Potential for added value ✔ Future Development & Appreciation in an evolving neighborhood Whether you're an experienced investor or seeking a multi-unit residence with income potential, this property offers strong returns and long-term appreciation in one of Baltimore’s most promising neighborhoods. 📍 **Schedule your private tour today and seize this rare investment opportunity!**

Details

Property type

Townhouse

Est. home value

$343,620

Lot size

4,300 sq ft

Price per sq ft

$105

Year built

1920

Annual property taxes

$6,518

HOA

No

Price History

02/01/2025
Bright

Bright #MDBA2154640

Listed
$415,000
+3.75%
04/17/2024
Bright

Bright #MDBA2117624

Sold
$400,000
+25%
07/25/2022
Bright

Bright #MDBA2050716

Sold
$320,000
+77.78%

Schools & Community

Neighborhood: 

Druid Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CALL SCHOOL BOARD

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

$150,635
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$231,165
Cash to seller
$150,635

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

July 2022

Original loan amount

$240,000

Est. remaining balance

$231,165

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jamal Momon and Diana Lao Momon

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: 02/01/2025 at 11:55 PM

Listing updated: 02/01/2025 at 12:35 AM

Listed by: JIMMY A OKUNOLA, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDBA2154640

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