1627 Gwynns Falls Parkway
Baltimore, MD, 21217 $ 225,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 1,572
for $225,000 with 5 bedrooms. This home was built in 1920 on a lot size of 0.04.
Investment Opportunity! Triplex Near Druid Hill Park & Mondawmin Mall (As-Is) Welcome to this fantastic investment opportunity! Located just one block away from Druid Hill Park and within walking distance to Mondawmin Mall, this triplex offers convenience and charm in one of Baltimore's vibrant neighborhoods. **Property Features:** 1. **Three Units:** This triplex consists of three separate units, offering flexibility and potential for rental income. 2. **Tenant Occupied:** All units are currently tenant occupied, providing immediate cash flow for the savvy investor. 3. **Prime Location:** Situated just a block away from Druid Hill Park, residents can enjoy leisurely strolls, picnics, and various outdoor activities. Additionally, Mondawmin Mall, with its shopping, dining, and entertainment options, is only two blocks away. 4. **Well-Maintained:** This property has been well-maintained, ensuring peace of mind for the new owner. 5. **Income Potential:** With its convenient location and multiple units, this property presents an excellent opportunity for rental income or potential future development. **Unit Details:** - Each unit features [specify details such as number of bedrooms, bathrooms, square footage, etc.]. - Tenants enjoy [mention any specific amenities or features of the units]. **Location Highlights:** - **Druid Hill Park:** Residents have easy access to one of Baltimore's most beloved parks, offering green spaces, walking trails, a zoo, and more. - **Mondawmin Mall:** Just a short walk away, Mondawmin Mall provides a variety of shopping, dining, and entertainment options, adding convenience and value to the neighborhood. - **Transportation:** Close proximity to public transportation hubs ensures easy commuting options for residents. Don't miss out on this incredible opportunity to own a triplex in a desirable location with great income potential. Submit an offer to see the property, or attend an Open House to see the property, and start reaping the rewards of this prime investment property!
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FeaturesInteriorHeating Fuel Natural Gas Electric
Hot Water Electric Natural Gas
Heating Y/N Y
Fireplace Y/N N
Street Suffix PARKWAY
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Radiator
Cooling Central A/C Window Unit(s)
Possession Immediate
Zoning R-7
Architectural Style Other
Construction Materials Brick
Year Built 1920
Property SubType Triplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric Natural Gas
Municipality Baltimore City
Section 05
Accessibility 2+ Access Exits
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions One block away from Druid Hill Park
City BALTIMORE
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 1800.00
Waterfront Y/N N
Street Name GWYNNS FALLS
Tax Annual Amount 2382.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total 90.0
Vacation Rental Y/N N
Days on Market 41
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 13
Tax Lot 026
Buyer Agent Compensation Type % Of Gross
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 25000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Capital PropertiesBroker
ashleydoesrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,572
- Monthly Property Taxes
- $199
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Baltimore, MD
Average List Price $380,867
Percent of Sale Price 69%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/19/2024 | $225,000 | -1.75% | Price Down |
| 5/2/2024 | $229,000 | -7.47% | Price Down |
| 4/10/2024 | $247,500 | | Listed Price |