3516 Springdale Ave, Baltimore, MD 21216
SOLDMAR 28, 2024

3516 Springdale Ave
Baltimore, MD 21216

Forest Park
  • 7 Beds
  • 3 Baths
  • 2,826 sqft
  • 7 Beds
  • 3 Baths
  • 2,826 sqft

$240,000

Last Sold: Mar 28, 2024
14% below list $280K
$85/sqft
Est. Refi. Payment $1,612/mo*

Homes for Sale Near 3516 Springdale Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from January 26, 2024
ATTENTION BUY AND HOLD INVESTORS!! Welcome to 3516 Springdale Avenue, a prime three-unit rental property nestled in the heart of Baltimore, offering a lucrative opportunity for savvy buy-and-hold investors. This strategically located investment property presents a compelling proposition with its mix of two currently occupied units and one vacant unit awaiting your personalized touch. The property has immediate income generation. The two occupied units contribute to a steady cash flow, while the third unit offers an excellent canvas for enhancement, allowing investors to increase the property's overall value. Situated in a vibrant neighborhood, 3516 Springdale Avenue enjoys proximity to local amenities, schools, and public transportation, making it an attractive option for tenants seeking convenience and accessibility. The property's location also enhances its potential for long-term appreciation, adding an extra layer of value for investors looking for sustained growth. As the real estate market in Baltimore continues to show promise, this three-unit rental property stands out as an exceptional investment opportunity. With a mix of existing income and the potential for increased returns through strategic improvements, 3516 Springdale Avenue is a solid foundation for a robust and diversified investment portfolio.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$85/sqft
Listed
135 days ago

Home Details for 3516 Springdale Ave

Interior Features

Interior Details
Basement: OtherNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2826 Square Feet
Appliances & Utilities
Appliances: Oven/Range - Gas, Refrigerator, Gas Water HeaterRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Wood Floors
Levels, Entrance, & Accessibility
Accessibility: NoneFloors: Wood Floors

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below Grade
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Other,Detached Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: OtherArchitecture: Other
Building
Construction Materials: FrameNot a New Construction
Property Information
Parcel Number: 0315262910 009

Price & Status

Price
List Price: $280,000Price Per Sqft: $85/sqft
Status Change & Dates
Off Market Date: Mon Jan 22 2024Possession Timing: 0-30 Days CD, 31-60 Days CD

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: BaltimoreCommunity: Forest Park
School Information
Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: MDBA2108144
Last check for updates: about 8 hours ago
Listed by Sheri Smith, (410) 746-8156
EXP Realty, LLC
Bought with: Federico Busacca, (717) 668-5032, EXP Realty, LLC
Source: Bright MLS, MLS#MDBA2108144

Price History for 3516 Springdale Ave

DatePriceEventSource
03/28/2024$240,000Sold
N/A
01/23/2024$240,000Sold
Bright MLS #MDBA2108144
01/09/2024$280,000PendingBright MLS #MDBA2108144
12/21/2023$280,000PendingBright MLS #MDBA2108144
12/16/2023$280,000Listed For SaleBright MLS #MDBA2108144
04/21/2005$195,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$4,526
Assessment$227,500
Home facts updated by county records

Comparable Sales for 3516 Springdale Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.53
Multi-Family Home
$290,000
05/30/23
6
3
5,333
0.08
Multi-Family Home
$290,000
08/04/23
4
-
2,300
0.26
Multi-Family Home
$203,500
06/22/23
5
-
2,745
0.66
Multi-Family Home
$308,000
11/09/23
6
-
2,581
0.65
Multi-Family Home
$350,000
01/31/24
6
-
2,818
0.62
Multi-Family Home
$425,000
04/05/24
6
-
3,192
0.74
Multi-Family Home
$250,000
12/08/23
6
-
3,490
0.55
Multi-Family Home
$285,000
01/31/24
3
-
4,311

Assigned Schools

These are the assigned schools for 3516 Springdale Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Forest Park

  • Trulia User
    "Area is up and coming. Needs better neighbors that actually care about the community. Maybe it will be better in a few years."
    2
    Flag
  • Brittany D.
    "nice quiet area, schools, playground, and bus line, plus strip walk and local walking distant stores"
    8
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3516 Springdale Ave

Off Market Homes Near 3516 Springdale Ave

3516 Springdale Ave, Baltimore, MD 21216 is a 7 bedroom, 3 bathroom, 2,826 sqft multi-family built in 1910. 3516 Springdale Ave is located in Forest Park, Baltimore. This property is not currently available for sale. 3516 Springdale Ave was last sold on Mar 28, 2024 for $240,000 (14% lower than the asking price of $280,000). The current Trulia Estimate for 3516 Springdale Ave is $242,100.