CHARIS REALTY GROUP

Colonial

717 NEWINGTON AVENUE

BALTIMORE , MD 21217

MLS#: MDBA2200058

$445,000

Status: Active
Listing number: MDBA2200058
Listing provided by: Keller Williams Lucido Agency
Listing agent phone: None
Last update: 2 hours ago
New on site 1 day ago
Browse Properties
RESERVOIR HILL - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1905

Sq.Footage

2,765

Exceptional investment opportunity: Three well-maintained, separate units in a brick multifamily building are being offered and sold together. Offering a total of 5 bedrooms, 4 bathrooms, and 3,740 square feet in charming Reservoir Hill. The building features three separately leased units with stable rental histories, all registered with Baltimore City and lead-certified. All tenants are on 12-month leases and pay their own gas, electric, cable, and internet, with water paid by the owner due to non-separately metered service (water subsidy currently reimbursed by two of the three units). A BGE public service account covers common area lighting.Each unit offers functional layouts with updated finishes, hardwood flooring throughout, and is equipped with a stove, refrigerator, microwave, dishwasher, and in-unit washer and dryer, providing convenience and modern appeal for tenants.Unit 1 is a 2 bedroom, 1 bath, 1,000 square feet residence, includes a water subsidy. Unit 2 is a 2 bedroom, 2 bath, 1,200 square feet residence, currently vacant.Unit 3 is a 1 bedroom, 1 bath, 538 square feet residence, currently rented with water subsidy.The property includes a rear parking pad available to tenants in addition to street parking. A full rent roll and income statement are available, and the property has been professionally managed by Bay Management Group since early 2024. Additional highlights include strong rental demand in the area, an upcoming value-add opportunity with Unit 2’s turnover, and stabilized occupancy across the remaining units.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Ceiling Fan(s)

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2765.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Exhaust Fan, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony, Lighting

  • Parking

    Concrete, On Street, Private, Paved, Other

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $445,000

  • Tax Amount

    3085.0

  • Sq. Footage

    2, 765

  • Price/SqFt

    $160

HOA

  • Association

    No

School District

  • Elementary School

    CALL SCHOOL BOARD

  • Middle School

    CALL SCHOOL BOARD

  • High School

    CALL SCHOOL BOARD

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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BALTIMORE CITY

Elementary School

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Listing Courtesy of Robert J Lucido , Keller Williams Lucido Agency

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Marylynn Brennan

AGENT

Marylynn Brennan

Call Marylynn today to schedule a private showing.

(703) 405-5323

brottlyn@gmail.com


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Exceptional investment opportunity: Three well-maintained, separate units in a brick multifamily building are being offered and sold together. Offering a total of 5 bedrooms, 4 bathrooms, and 3,740 square feet in charming Reservoir Hill. The building features three separately leased units with stable rental histories, all registered with Baltimore City and lead-certified. All tenants are on 12-month leases and pay their own gas, electric, cable, and internet, with water paid by the owner due to non-separately metered service (water subsidy currently reimbursed by two of the three units). A BGE public service account covers common area lighting.Each unit offers functional layouts with updated finishes, hardwood flooring throughout, and is equipped with a stove, refrigerator, microwave, dishwasher, and in-unit washer and dryer, providing convenience and modern appeal for tenants.Unit 1 is a 2 bedroom, 1 bath, 1,000 square feet residence, includes a water subsidy. Unit 2 is a 2 bedroom, 2 bath, 1,200 square feet residence, currently vacant.Unit 3 is a 1 bedroom, 1 bath, 538 square feet residence, currently rented with water subsidy.The property includes a rear parking pad available to tenants in addition to street parking. A full rent roll and income statement are available, and the property has been professionally managed by Bay Management Group since early 2024. Additional highlights include strong rental demand in the area, an upcoming value-add opportunity with Unit 2’s turnover, and stabilized occupancy across the remaining units.

717 NEWINGTON AVENUE

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