tomo logo

$249,900

Beds
3
Baths
2.5
sq ft
Unknown

629 N Duncan St, Baltimore, MD 21205

629 N Duncan St

BALTIMORE, MD 21205

  • 40 days on market
Attention Investors and Business Owners. John’s Hopkins adjacent C1 3 Unit Property. Business owners could work rent free as $1,900/m income exceeds an estimated $1,700/m mortgage payment. Investors who wish lease out the lower commercial space could generate a 15% cash on cash return. The building was completely renovated less than two years ago. Improvements include three separately metered AC and heat in all levels, a new roof, newly poured concrete pad and privacy fence. The upstairs 2BD apartment has a new kitchen with granite countertops and stainless steel appliances, a renovated bathroom, recessed lighting, exposed brick and new flooring throughout. It is rented for $1,450 a month. The main floor tenant is a retail apparel shop. The space was also renovated with exposed brick walls new flooring ceiling fan and improved fireplace mantle and a new half bathroom. It is rented for $450 a month. The lower level was also fully approved with new flooring, exposed brick walls new lighting and a new full bathroom. It’s perfect for many businesses and has a project and rent of $850 a month. Great uses for lower level tenant is coffee shop, salon, cell phone, office etc. Property is located in the busy Monument Street business corridor and is half a block from the John Hopkins Medical Campus. Property has great foot traffic from Hopkins Employes as well as the local community. Lease with the Option to Purchase is also available. Rare to find this renovated cash flowing asset in an excellent location with continued upside. Don’t miss out. Call to get more info today!

Details

Property type

Townhouse

Lot size

400 sq ft

Price per sq ft

Unknown

Year built

1800

Annual property taxes

$441

HOA

No

Price History

12/13/2024
Bright

Bright #MDBA2149204

Listed
$249,900
+138%
04/15/2022
Bright

Bright #MDBA2032388

Sold
$105,000

Schools & Community

Neighborhood: 

Middle East

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

Mds Investments Ira Llc

Loan start date

May 2022

Original loan amount

$149,000

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial

Seller

Kunstler Russell

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: 01/22/2025 at 2:05 AM

Listing updated: 12/27/2024 at 2:29 PM

Listed by: Dimitrios Lynch, ExecuHome Realty Phone #: (443) 632-3000

MLS: Bright #MDBA2149204

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