Homes for sale - 1823 RAMSAY ST, Baltimore, MD 21223

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Kerry O'Hara

[email protected] +1(410) 507-0834

$ 124,900

Est. payment -/mo

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1823 RAMSAY ST Baltimore, MD 21223

3 Beds

2 Baths

UPDATED:

12/16/2024 11:34 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Carrollton Ridge

MLS Listing ID MDBA2149604

Style Traditional

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $543

Tax Year 2023

Property Description

Investors and homebuyers alike, take note! This exceptional property offers versatility as both a strong investment opportunity and a comfortable primary residence. Currently occupied by a reliable tenant paying $1,600 per month, the property generates a gross cap rate of 15% and a net cap rate of 13%, factoring in current operating expenses. For homebuyers, this presents a chance to secure a beautifully updated home in a prime location with rental income potential or future equity growth. Renovated within the last three years, this 3-bedroom, 1.5-bathroom home features an open floor plan perfect for entertaining, recessed lighting, durable LVP flooring, and a stylish kitchen equipped with stainless steel appliances. The exposed brick in the living room creates a warm and inviting aesthetic, while the main-level laundry, central A/C, and forced air heat provide modern comfort and convenience. The private backyard is an ideal spot for outdoor relaxation or hosting gatherings. Situated just 10 blocks west of the Inner Harbor, the property is within close proximity to Baltimore's stadiums, dining, shopping, and all the vibrant attractions downtown has to offer. Whether you're an investor seeking immediate cash flow or a homebuyer looking for a residence in a fantastic location, 1823 Ramsay St. is a property that meets your needs. Don't miss out on this rare opportunity!

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Unfinished

Interior

Interior Features Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Recessed Lighting

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Equipment Stainless Steel Appliances

Fireplace N

Appliance Stainless Steel Appliances

Heat Source Natural Gas

Laundry Main Floor

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 0319100291 012

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Private, Other

Horse Property N

Listing Terms Cash, Conventional, Private, Other

Financing Cash,Conventional,Private,Other

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Listed by Timothy Lee Joseph Dominick • Coldwell Banker Realty

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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