2316 E MADISON ST, Baltimore, MD 21205

• 3 beds |
• 2 baths |
• 1,109 sqft

Property Description

Investor Alert - This is part of a two-property portfolio in conjunction with 2221 Jefferson St Baltimore, MD 21205 MLS# MDBA2192164. Both properties are being offered at $365,000 through the sale of the holding LLC (Saving at least $5,000 on transfer taxes). - 2316 E Madison St is a 3 bed, 1 full & 1 half bath, with partially finished basement. This property went through a full renovation in 2013 with all new framing, drywall, wood flooring, electric, plumbing, baths, kitchen, etc. A new roof including decking and skylight were installed in 2024. Minimal renovations needed to make it rent ready. Long term rents project at $1,700+ per month (Source: Zillow and MLS) and mid-term (90 Days min) furnished rents projected at $2,000+ per month (Source: Furnished Finder) A more extensive renovation with value add options will increase your ARV to well over $275,000. - With new construction homes at Henderson Crossing and a short walk to Johns Hopkins Hospital, Northeast Market, and Patterson Park, this area has seen a massive revitalizing over the past few years with numerous renovated properties hitting the market. Don't miss out to cash in on this prime investment opportunity.

Listing Status:

Active

Listing Office:

EXP Realty, LLC : 8888607369

Listing Agent:

Thomas A Altvater : 4435103691

MLS ID:

MDBA2192208

Interior

• General: Floor Plan - OpenSkylight(s)Wood Floors
• Rooms: Living RoomBedroom 2Bedroom 3KitchenBasementBedroom 1Bathroom 1
• Appliances: Dryer - ElectricOven/Range - GasRefrigeratorWasher - Front Loading
• Laundry: Has Laundry
• Basement: DaylightPartialPartially finishedSump pumpInterior access
• Flooring: Hardwood
• A/C: Central A/C
• Heating: 90% Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• Roofing: FlatRubber
• General: CombinationCPVC/PVCMasonry3StoneSlab

Location

• Originating MLS: BRIGHT_MAIN
• School District: BALTIMORE CITY PUBLIC SCHOOLS
• County: BALTIMORE CITY-MD

Lot

• Zoning: R-80307021607 059
• Fencing: FullyMasonry/StonePrivacy

Utilities

• Utilities: Electric availableSewer availableWater availableNatural gas available120240 v100 amp serviceCircuit breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Thomas A Altvater, EXP Realty, LLC