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$160,000

Beds
3
Baths
3.0
sq ft
1,600

3411 Keene Ave, Baltimore, MD 21214

3411 Keene Ave

BALTIMORE, MD 21214

  • 65 days on market
    • Price drop $140,000↓
************ Guided tour will be held this Monday, February 10th, at 10:30 AM ************************* Auction Property. In Cooperation with Alex Cooper Auctioneers. List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding Thursday, February 6th & ends Tuesday, February 11, 2025 at 11:00AM. Here’s a fantastic opportunity to acquire a detached house with a separate detached garage, currently generating income from two tenants with active leases. The property holds a Baltimore City Rental Property License, permitting 1 Dwelling Unit, 3 Rooming Units, and 1 Other Unit, valid through April 30, 2026. This makes for a prime investment opportunity! Current Gross Monthly Rent: $3,200*Current Gross Annual Rent: $38,4008 *Tenant 1: Rent: $2,000/month Occupies the main, upper, and part of the lower level. This unit includes: • Upper level: 2 bedrooms, 2 full bathrooms • Main level: Entryway, living room, dining room, and kitchen • Lower level: Small kitchen, bedroom, and living area Tenant 2: Rent: $1,200/month Occupies the detached garage and a portion of the lower level, which includes: • Lower level: 1 room and a full bath • Detached garage: 2 garage doors and a regular door Location: Conveniently located near dining, shopping, schools, and recreational facilities. The property also offers easy access to major transportation routes including Belair Rd., Harford Rd., E. Northern Parkway, and E. Cold Spring Lane. Zoning: The property is zoned R-3, a residential district allowing up to 8.7 units per acre, according to the Baltimore City Department of Planning. This property is a promising income-generating asset in a well-connected area, perfect for investors looking to expand their portfolio!

Details

Property type

Single Family Residence

Est. home value

$314,822

Lot size

8,773 sq ft

Price per sq ft

$100

Year built

1924

Annual property taxes

$2,860

HOA

No

Price History

01/30/2025
Bright

Bright #MDBA2150754

Price change
$160,000
-46.67%
01/23/2025
Bright

Bright #MDBA2150754

Listed
$300,000
01/07/2025
Bright

Bright #MDBA2150754

Removed
$300,000

Schools & Community

Neighborhood: 

Glenham-Belford

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

Indymac Bank Fsb

Loan start date

November 2006

Original loan amount

$162,400

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Purchase Money Mortgage, 30 year

Seller

Daniel Henriquez

Lender

Indymac Bank Fsb

Loan start date

November 2006

Original loan amount

$30,450

Est. remaining balance

Not provided

Interest rate

5.98%

Loan type

Stand Alone Second, 15 year

Seller

Daniel Henriquez

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: 02/23/2025 at 7:55 PM

Listing updated: 02/11/2025 at 5:24 AM

Listed by: Timothy L Dominick, Coldwell Banker Realty Phone #: (410) 327-2200

MLS: Bright #MDBA2150754

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