628 E 37Th Street
Baltimore, MD, 21218 $ 175,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 1,163
for $175,000 with 3 bedrooms. This home was built in 1922 on a lot size of 0.03.
> Renovated, Turn-Key Rental Home in Waverly Provides Stable Income with Reduced Maintenance Costs > Modern & Appealing Finishes are Desirable for Tenants, Ensuring High Occupancy Rates > One Mile from Union Memorial MedStar Hospital, Home to Over 2,500 Employees > From LiveBaltimore.com: Waverly boasts quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes. A bright and spacious open floor plan greets tenants as they enter from their covered porch. Recessed lighting and large windows compliment the hardwood floors. Tenants appreciate ample wood shaker cabinetry and granite counters in the kitchen, including a breakfast bar. A top-notch appliance suite keeps this property one step ahead of other rentals in the immediate area, including a French door refrigerator with bottom freezer, gas range, dishwasher and over-the-range microwave. Three bedrooms and a full bathroom are located on the second floor. The bathroom has a modern vanity and steel tub with ceramic tile tub-surround, which tenants can easily clean and maintain. The kitchen and bathroom have ceramic tile flooring; upstairs is carpeted. A full basement allows tenants additional storage space and access to a full-size washer and dryer. This Waverly investment property is easy to manage, as tenants are responsible for all utilities. The home is heated by a Columbia gas-fired hot-water boiler with radiator distribution. Tenants provide their own window air conditioners. A 40-gallon Rheem water heater, replaced in 2021, provides hot water. 100 amps serve the property. The main water supply is copper, saving a buyer worry and costly replacement in the future, with interior lines a mix of C-PVC and steel. All observable interior drain lines appear to be PVC. LiveBaltimore.com loves Waverly, stating quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes. Only one mile away from Union Memorial MedStar Hospital, and a little over a mile to Johns Hopkins University Homewood Campus. Loyola University is 1.5 miles northeast. The Waverly Y is within walking distance and offers an indoor pool with 4 swim lanes, 6,600 square foot fitness center and rock wall. There is plenty of green space nearby, as the neighborhood used to be home to Memorial Stadium, former home of the Baltimore Orioles. Now the Ripken Memorial Stadium Ball Field is a multiple use turf field, with full football field and 60 baseball diamond, open to the public. More and more investors are finding that nearby outdoor amenities, and not indoor amenities, lead to higher tenant retention. The proximity to the YMCA and Ripken Ball Field creates happier, longer-term tenants.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement Subject to Existing Lease
Roof Rubber
Zoning R-7
Architectural Style Converted Dwelling
Construction Materials Brick
Exclusions Tenant's possessions excluded
Year Built 1922
Electric 100 Amp Service
Property SubType Other
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Section 20
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Subdivision Name WAVERLY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City BALTIMORE
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State Prop Disclaimer
Zoning Description Licensed for 1 dwelling unit.
Total Units 1
Lot Size Square Feet 1274.00
Waterfront Y/N N
Street Name 37TH
Tax Annual Amount 2830.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft 136.29
Vacation Rental Y/N N
Days on Market 6
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 9
Tax Lot 015
Buyer Agent Compensation Type % Of Gross
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ExteriorPool No Pool
Water Source Public
Inclusions 1 fridge 1 gas range 1 microwave
Type of Parking None
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 30000.00
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
- $1,163
- Monthly Property Taxes
- $236
- 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 NearbyMulti-family listings in Baltimore, MD
Average List Price $391,514
Percent of Sale Price 124%
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 HistoryDate | Price | Price Change | Description |
---|
5/7/2024 | $175,000 | | Listed Price |