tomo logo

$975,000

Beds
4
Baths
3.5
sq ft
4,400

2207 E Baltimore St, Baltimore, MD 21231

2207 E Baltimore St

BALTIMORE, MD 21231

  • 16 days on market
Welcome to 2207 E Baltimore St! This rare 4400 SF historic home in Butchers Hill, 1/2 block from Patterson Park, includes 4 assets. The primary home which includes an Airbnb unit and 2 building lots. This unique home is a must see for the adventurous buyer who wants space, AirBnB income or an in-law suite! This stunning home is 28 ft wide with 12ft ceilings. Within the home is an integrated fully licensed 5 star, 800 square foot AirBnB/ or in-law suite with separate entrance, kitchenette and laundry .The AirBnB generates $3,000-3,600 (documented) per month rent. Owner-occupants can reduce their mortgage with consistent rental income. Inside this grand home you will appreciate the updates as the huge chef's gourmet kitchen which features a gas fireplace, cherry cabinets, an oversized (4.5ft x 8ft) black granite island, high-end stainless appliances including all gas six burner cook-top, double ovens and a warming drawer. The living room is an impressive 20 feet wide by 35 feet long with 12ft ceilings and is accented by a working wood burning fireplace, beautiful hardwood floors and a large picture windows across the entire front. The second floor offers three bedrooms with two fully updated baths and convenient laundry. The Main Bedroom ( with fireplace) and spa-like bath with steam shower encompass the third floor. The AirBnB studio is on the second level with a separate entrance and has a large open floor plan with a kitchenette, with refrigerator, freezer , 2 portable gas burners, front load washer/dryer and a gas log fireplace in the brick fireplace and chimney. Directly behind the main house, included in the sale, are 2 water metered vacant lots ready to build with property taxes under $50 per year. These lots are currently used as a 4 car parking pad and beautiful courtyard. Up to 100% longer-term fixed rate 6% owner financing available, for a qualified buyer, for the two rear lots (2206-2208 Boyer Street) currently the back courtyard & 4 car rear parking - assuming a value for the lots up to $160,000. Please check out the AirBnB listing photos and reviews in Disclosures as it may not be available for viewing at the same time you tour the main part of the home . Schedule your private tour today! **Sale price is $975K and the price breakdown is as follows: $815,000 is the home value and the Airbnb unit. $160,000 is the value for both adjoining building lots. Properties can be sold separately with owner consent.

Details

Property type

Townhouse

Est. home value

$956,609

Lot size

4,791.6 sq ft

Price per sq ft

$222

Year built

1936

Annual property taxes

$11,304

HOA

No

Price History

06/13/2024

Bright #MDBA2128660

Listed
$975,000

Schools & Community

Neighborhood: 

Butcher's Hill

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

National City Bank

Loan start date

February 2006

Original loan amount

$114,500

Est. remaining balance

Not provided

Interest rate

6.26%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

John S Marsiglia

Lender

National City Mortgage

Loan start date

February 2006

Original loan amount

$650,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

John S Marsiglia

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 8:50 AM

Listing updated: 06/18/2024 at 3:44 PM

Listed by: Thomas B Maley, Cummings & Co. Realtors Phone #: (410) 823-0033

MLS: Bright #MDBA2128660

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