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$265,000

Beds
5
Baths
2.5
sq ft
1,956

2029 W North AVENUE W, Baltimore, MD 21217

2029 W North AVENUE W

BALTIMORE, MD 21217

  • 125 days on market
This versatile property offers an excellent opportunity for both residential and commercial use. Perfect for a transitional house, it comes with the added benefit of a transferable license, allowing you to easily adapt it for a new business venture. Property Features: 5 Spacious Bedrooms: Plenty of room for residents, transitional rooms or office spaces. 2.5 Bathrooms: Conveniently located for shared use. Large Living Areas: Open and inviting spaces suitable for communal living or business operations. Update Floors, alarms, fire escape and windows. Add your touch and make it yours. Key Benefits: Residential Property: Can be used for residential property with commercial downstairs use. Transferable License: Easily transfer the current transitional house license to your business name. Commercial Potential: Suitable for use as a residential care facility, office space, or other commercial purposes. Prime Location: Situated in a desirable area with easy access to local amenities, public transportation, and major highways. Up and coming Coppin Area. Ideal For: Residential home Transitional Housing Programs Residential Care Facilities Small Business Offices Co-Working Spaces Community Centers Additional Amenities: Outdoor Space: Backyard and Fire Escape Accessibility: Features to accommodate diverse needs. Income potential of $36,000 a year or more.

Details

Property type

Townhouse

Lot size

2,178 sq ft

Price per sq ft

$136

Year built

1915

Annual property taxes

$606

HOA

No

Price History

06/15/2024
Bright

Bright #MDBA2126598

Listed
$265,000

Schools & Community

Neighborhood: 

Easterwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

Velocity Commercial Capital Llc

Loan start date

January 2023

Original loan amount

$98,800

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Verona Enterprise Llc

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: 09/28/2024 at 8:30 PM

Listing updated: 09/18/2024 at 3:46 AM

Listed by: Shanertra Barnes, EXIT Spivey Professional Realty Co. Phone #: (410) 465-0083

MLS: Bright #MDBA2126598

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