321 S PAYSON ST Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21223
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,750 sqft
Price per Sqft $63
Subdivision Carrollton Ridge
MLS Listing ID MDBA2147500
Style Federal,Dwelling with Rental
Abv Grd Liv Area 2,750
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $598
Tax Year 2024
Lot Size 1,584 Sqft
Acres 0.04
Lot Dimensions 16 x 99
Property Description
321 S Payson St has undergone renovations over the years and has generated $4,200+ per month in rental income when fully occupied. Perfect for both savvy investors and aspiring house hackers, it offers two spacious 3-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making a total of four separate units.
Located in the up and coming neighborhood of Carrollton Ridge. With ongoing renovations and a wealth of state & city grants available, this area is rapidly transforming. Don’t miss this chance to secure a prime piece of real estate with excellent cash flow potential!
Though it is currently partially occupied, tenants are on month to month leases and the property can be conveyed vacant at closing if desired.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Interior
Interior Features Entry Level Bedroom
Hot Water Electric
Heating Forced Air,Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
View City
Accessibility 36\"+ wide Halls
Garage N
Building
Lot Description Adjoins - Open Space
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Federal,Dwelling with Rental
Additional Building Above Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0320120274 046
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard