3717 BOARMAN AVE Baltimore, MD 21215
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $118
MLS Listing ID MDBA2159582
Style Federal
Abv Grd Liv Area 4,096
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $7,697
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Detached
Property Description
3717 Boarman Ave is a 4 unit property with each identical unit of 2 bedrooms/ 1bathrooms located in Callaway-Garrison minutes away from West Cold Spring Metro, Pimlico Race Track and Halon park. With easy access to Major Traffic Artery Liberty Heights Ave and 695.
VALUE ADD POTENTIAL
The Property boasts in-place rents of $1,200, $850 respectively giving the new owner an opportunity to place their own tenants. Average area rents are between $1200-$1300. The new owner can place washers and dryers in each unit increasing the potential rents to $1350-$1450. Perfect for a 1st time investor who wants to live in one unit rent free and have the remaining tenants pay the mortgage or Ideal for a seasoned investor who's looking to cash flow at full capacity.
WELL MAINTAINED ASSET
The Property is extremely well-maintained, reflecting the commitment of current ownership. The current owner has upgraded 3 out of the 4 units, ensuring the building's reliability and appeal. These enhancements improve tenant comfort and help preserve long-term value for investors.
Location
State MD
County Baltimore City
Zoning R-5
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Other
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
View City
Accessibility None
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315212947 015
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, VA
Listing Terms FHA, Conventional, VA
Financing FHA,Conventional,VA
Special Listing Condition Standard
