4017 Eastern Avenue
Baltimore, MD, 21224 $ 1,100,000
Baths0.0 Sq 6,459 Monthly Estimate*
$ 7,311
Studio
for $1,100,000. This 6,459 square foot building was built in 1900 on a lot size of 0.08.
Highlights: > Fully Gut Renovated in 2020, with All New Systems, Including Plumbing, HVAC, Electric & Sprinkler System, Keeping Maintenance Costs Low > Located in Brewers Hill, 1-Mile to Johns Hopkins Bayview Medical Campus & 1/2 Mile to Canton Crossing > High-End Finishes Appeal to Quality Tenants, Achieving Top-Dollar Rents > Owner-Occupant Potential, as Office Tenant Will Vacate at Sale. Meticulously and thoughtfully renovated, with high-end finishes throughout both the commercial and residential units. All tenants appreciate a welcoming and secure entry. Apartments are located on the second and third floors, boasting new vinyl plank flooring, high ceilings, and recessed lighting, creating bright and spacious living quarters. Kitchens feature modern wood shaker cabinetry and granite countertops. Stainless steel kitchen suites include French door refrigerators with bottom freezers, over-the-range microwaves, 5-burner gas ranges, dishwashers, and garbage disposals. Some bedrooms feature 8 closets, adding to the attractiveness of the apartment itself. Bathrooms have steel tubs with ceramic tile tub surrounds and ceramic tile flooring. The 900 square foot first-floor front retail space is currently used as a floral and gift shop. The floral shop has a large glass store front window with street access. The same tenant utilities the1,300 square foot basement retail space for production. The basement is accessible from the rear exterior of the building and has a full bathroom, including a modern vanity and shower stall with tile-surround. The first-floor rear is used as a professional office. This suite has a waiting area and several private offices, in addition to a restroom and kitchenette. This Brewers Hill 7-Unit offers peace of mind to an investor, as all systems are new and up to code, including wiring and plumbing. Each unit is self-contained, with tenants paying for the gas and utility consumption. Trane 90# gas-fired forced air furnaces provide heating to each unit; each unit has central air conditioning. All units have individual 40-gallon gas-fired water heaters. All new interior water supply lines are C-PVC; interior drain lines are PVC. A new mineral felt roof was installed during the renovation. Utility closets in the apartments have full sized washers and dryers, which is an amenity tenants desire. 800 amps serve the building, with 100 amps to each unit. The landlord pays the public service electric and water for the building. 4017 Eastern Avenue is ideally situated just east of Greektown, west of Patterson Park, and north of Canton, three highly sought-after neighborhoods. Its proximity to the Johns Hopkins Bayview Medical Campus (1 mile west) and Johns Hopkins Hospital Main Campus (2 miles east) places it in an area with high rental demand. Tenants of the Brewers Hill 7-unit can take advantage of abundant retail shopping at Canton Crossing, less than one mile south. Surrounding neighborhoods offer numerous restaurants and bars, creating ample social opportunities. Additionally, developments such as Refinery Row and Brewers Crossing along Haven Street, extending south to Canton at Boston Street, contribute to the areas growth. Retail options are expanding with the recent openings of fast-casual establishments like Canton | CAVA and Shake Shack. Eastern Avenue serves as a major thoroughfare between west Baltimore City and east Baltimore County, providing convenient access to I-895 for travel south to DC and I-95 North to New York City, all within a 5-minute drive.
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Commercial ActiveApartment Building,Professional,/General Retail
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement Subject to Existing Lease
Zoning C-2
Construction Materials Brick
Exclusions Tenant's possessions excluded
Year Built 1900
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building Professional Other/General Retail
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name BREWERS HILL
Water Access Y/N N
Status ACTIVE
Directions GPS
City BALTIMORE
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State
Zoning Description Licensed for 4 Dwelling Units and office/retail.
NumberOfUnitsTotal 7
Lot Size Units Square Feet
Lot Size Square Feet 3360.00
Waterfront Y/N N
Street Name EASTERN
Tax Annual Amount 13277.0
Price Per Sq Ft Total 119.49
Vacation Rental Y/N N
Days on Market 27
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 26
Tax Lot 015
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Inclusions 4 gas ranges 4 dishwashers 4 OTR microwaves 4 refrigerators 4 clothes washers 4 clothes dryers
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 9206.00
Lot Size Acres 0.08
Lot Size Source Assessor
Land Assessed Value 100400.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByBen Frederick Realty, Inc.Broker
will@benfrederick.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,311
- Monthly Property Taxes
- $1,106
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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 NearbyCommerical listings in Baltimore, MD
Average List Price $702,684
Percent of Sale Price 36%
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.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/8/2024 | $1,100,000 | | Listed Price |