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400 Venable Avenue

BALTIMORE, MD 21218
  • $525,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: MDBA2067828
UPDATED: 56 min ago
$525,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Unique opportunity in Oakenshawe/Greater Charles Village! Gut renovation completed in 2021, and currently leased by tenant as a residential care facility. Seven bedrooms with en suite bathrooms in each. The tenant extended their lease for an additional five years through 2026, with rent escalations of about 3.5% each year. The property is currently managed and the property manager is available to continue at buyer's request. Rent escalation are as follows: 10/01/2022 +GG 9/30/2023 $4140.00 per month10/01/2023 +GG 9/30/2024 $4285.00 per month10/01/2024 +GG 9/30/2025 $4435.00 per month10/01/2025 +GG 9/30/2026 $4590.00 per month*Given that the property is used as a residential care facility, photographs of the interior will not be published for confidentiality reasons. Listing Agent can provide video of interior upon request.*

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T18:51:44.763.
www.execuhome.com/homes/134932756
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400 Venable Avenue BALTIMORE, MD 21218

  • Price: $525,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 56 min ago
  • ID#: MDBA2067828
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1900
Built
Neighborhood:
Oakenshawe
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Unique opportunity in Oakenshawe/Greater Charles Village! Gut renovation completed in 2021, and currently leased by tenant as a residential care facility. Seven bedrooms with en suite bathrooms in each. The tenant extended their lease for an additional five years through 2026, with rent escalations of about 3.5% each year. The property is currently managed and the property manager is available to continue at buyer's request. Rent escalation are as follows: 10/01/2022 +GG 9/30/2023 $4140.00 per month10/01/2023 +GG 9/30/2024 $4285.00 per month10/01/2024 +GG 9/30/2025 $4435.00 per month10/01/2025 +GG 9/30/2026 $4590.00 per month*Given that the property is used as a residential care facility, photographs of the interior will not be published for confidentiality reasons. Listing Agent can provide video of interior upon request.*
Exterior Features

Construction Materials Vinyl Siding Garage YN No Parking Types Driveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2869.00 Cooling Ductless/Mini-Split Heating Forced Air Heating YN Yes Net Square Feet 2557.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Other Central Air YN No Cooling Fuel Electric Foundation Details Slab Heating Fuel Electric Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Original MLSNumber 802022812940 Ownership Interest Fee Simple Possession Settlement Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 6093.00 Tax Assessment Amount 78167.00 Tax Lot 028 Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning R-6

Listing courtesy of Next Step Realty: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T18:51:44.763.
 
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