UNDER CONTRACT
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Description
The property has 6 residential units and one retail space. No tenants at the moment. Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement. Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center. Multiple income streams: Combined residential and commercial units ensure stable cash flow. Ample street parking and easy access to transportation routes. The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art), presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and success, contribute to the vibrant community surrounding this property. The vacant units provide significant potential for increased revenue through renovation and leasing efforts.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$56
Listed
168 days ago
Home Details for 1700 Madison Ave
Interior Features |
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Interior Details Basement: OtherNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 2 |
Dimensions and Layout Living Area: 7560 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Other,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Other |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Accessibility: None |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Other |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 168 |
Property Information |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: Federal,Traditional |
Building Construction Materials: StoneNot a New Construction |
Property Information Parcel Number: 0314130341 001 |
Price & Status |
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Price List Price: $425,000Price Per Sqft: $56 |
Status Change & Dates Possession Timing: 0-30 Days CD |
Active Status |
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MLS Status: ACTIVE UNDER CONTRACT |
Location |
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Direction & Address City: BaltimoreCommunity: Madison Park Historic District |
School Information Elementary School District: Baltimore City Public SchoolsJr High / Middle School District: Baltimore City Public SchoolsHigh School District: Baltimore City Public Schools |
Agent Information |
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Listing Agent Listing ID: MDBA2105486 |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 2Sub 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 |
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Business Information Ownership: Other |
Miscellaneous |
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BasementMls Number: MDBA2105486Municipality: Baltimore CityZillow Contingency Status: Under Contract |
Last check for updates: about 13 hours ago
Listing courtesy of Mendel Dalfin, (410) 498-5408
Midfield Realty, (410) 498-5408
Source: Bright MLS, MLS#MDBA2105486
Price History for 1700 Madison Ave
Date | Price | Event | Source |
---|---|---|---|
04/17/2024 | $425,000 | Contingent | Bright MLS #MDBA2105486 |
03/12/2024 | $425,000 | PendingToActive | Bright MLS #MDBA2105486 |
01/24/2024 | $425,000 | Contingent | Bright MLS #MDBA2105486 |
01/02/2024 | $425,000 | PendingToActive | Bright MLS #MDBA2105486 |
12/21/2023 | $425,000 | Pending | Bright MLS #MDBA2105486 |
11/13/2023 | $425,000 | Listed For Sale | Bright MLS #MDBA2105486 |
11/18/2022 | $950,000 | Sold | N/A |
11/08/2021 | $349,900 | ListingRemoved | Bright MLS #MDBA548880 |
09/20/2021 | $349,900 | Pending | Bright MLS #MDBA548880 |
03/04/2010 | $27,500 | Sold | N/A |
06/16/2008 | $22,324 | Sold | N/A |
02/06/2002 | $21,000 | Sold | N/A |
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Property Taxes and Assessment
Year | 2023 |
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Tax | $10,253 |
Assessment | $933,200 |
Home facts updated by county records
Comparable Sales for 1700 Madison Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $760,000 | 10/17/23 | 7 | - | 5,510 | |
0.23 | Multi-Family Home | $925,000 | 09/11/23 | 5 | 5 | 4,339 | |
0.28 | Multi-Family Home | $475,000 | 12/29/23 | 5 | - | 5,214 | |
0.18 | Multi-Family Home | $545,000 | 04/17/24 | 7 | 7 | 4,053 | |
0.20 | Multi-Family Home | $515,000 | 02/20/24 | 11 | 4 | 5,386 | |
0.23 | Multi-Family Home | $315,000 | 07/24/23 | 3 | 3 | 2,950 | |
0.27 | Multi-Family Home | $505,000 | 09/13/23 | 4 | 3 | 2,968 | |
0.17 | Multi-Family Home | $416,000 | 02/21/24 | 6 | 4 | 3,400 | |
0.15 | Multi-Family Home | $406,000 | 10/23/23 | 5 | 3 | 2,700 | |
0.28 | Multi-Family Home | $479,500 | 06/21/23 | 5 | - | 2,968 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Madison Park
- Benson B.
- Resident
- 4y ago
"A nice neighborhood overall. The houses on Madison Ave and Eutaw are beautiful historic homes and sort after. "
- Tierra J.
- Resident
- 4y ago
"I jst like here the ppl are friendly and nice, close to transit, not far frm downtown. it has places outdoors where you can sit nd enjoy "
- Marquis F.
- Resident
- 5y ago
"Great schools are close but not a lot of safe play areas for children but there are some places in surrounding areas."
- Nickyponds
- Resident
- 5y ago
"There's a nice middle sidewalk that runs the length of Eutaw Place where I live that's lined with trees, floral arrangements, statues. It's beautiful. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mendel Dalfin, Midfield Realty
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.
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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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1700 Madison Ave, Baltimore, MD 21217 is a 2 bedroom, 7,560 sqft multi-family built in 1920. 1700 Madison Ave is located in Madison Park, Baltimore. This property is currently available for sale and was listed by Bright MLS on Nov 28, 2023. The MLS # for this home is MLS# MDBA2105486.