tomo logo

$599,900

Beds
4
Baths
5.0
sq ft
2,880

2111 Gough St, Baltimore, MD 21231

2111 Gough St

BALTIMORE, MD 21231

  • 92 days on market
Welcome to the vibrant community of Upper Fells Point in Baltimore! This charming 2-unit building presents an exceptional opportunity for both investors and owner-occupants seeking a slice of city living with income potential. Each unit boasts its own unique character. Whether you're drawn to the classic architectural details or the modern updates, there's something for everyone in this well-maintained property. Step into spacious comfort and functionality with this home's inviting living room and kitchen area. The generous dimensions of the living room create an atmosphere of relaxation and versatility, offering ample space for various furniture arrangements and entertainment setups. Adjacent to the living room, the kitchen beckons with its blend of style and practicality. This kitchen boasts plentiful counter space, sleek cabinetry, and modern appliances. The inclusion of table space adds an extra layer of convenience, providing the perfect spot for casual dining or morning coffee routines. It also has 2 generously space bedrooms and 2 full bathrooms, with one bedroom having a private en suite bathroom. The second unit is silmilar to the first in its charm and functionality, providing 2 generously spaced bedrooms as well as 3 full bathrooms - 2 of which are en suite. Situated in the heart of Upper Fells Point, residents will enjoy the best of Baltimore living. Explore the neighborhood's eclectic mix of dining, shopping, and entertainment options, or take a leisurely stroll to nearby Patterson Park for outdoor recreation.Investors will appreciate the income potential of this property, with the opportunity to capitalize on Baltimore's strong rental market. Don't miss out on this chance to own a piece of Baltimore's history while securing your financial future. Whether you are an owner-occupant looking to reside in one unit while renting out the other for supplemental income or an investor who wants tenants that seek the convenience of city living with easy access to amenities and attractions, this property offers the ideal solution. Schedule your showing today and discover the possibilities that await in this Upper Fells Point gem!

Details

Property type

Townhouse

Est. home value

$476,200

Lot size

4,356 sq ft

Price per sq ft

$209

Year built

1920

Annual property taxes

$6,898

HOA

No

Price History

03/29/2024

Bright #MDBA2119644

Listed
$599,900
+33.76%
12/19/2022

Bright #MDBA2063180

Sold
$448,500
+15%
04/05/2021

Bright #MDBA537738

Sold
$390,000

Schools & Community

Neighborhood: 

Upper Fells Point

Elementary school: 

Unknown

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

$253,394
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$298,514
Cash to seller
$253,394

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

December 2022

Original loan amount

$303,145

Est. remaining balance

$298,514

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Lafayette Thomas and Verna Thomas

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: 06/29/2024 at 7:35 AM

Listing updated: 05/25/2024 at 10:21 PM

Listed by: LaJuan Poole Vines, Smart Buy Realty, LLC Phone #: (301) 241-6392

MLS: Bright #MDBA2119644

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