3034 Guilford Ave, Baltimore, MD 21218
SOLDSEP 15, 2023

3034 Guilford Ave
Baltimore, MD 21218

Charles Village
  • 4 Beds
  • 4 Baths
  • 2,874 sqft
  • 4 Beds
  • 4 Baths
  • 2,874 sqft

$560,000

Last Sold: Sep 15, 2023
6% below list $595K
$195/sqft
Est. Refi. Payment $3,742/mo*

Homes for Sale Near 3034 Guilford 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 September 15, 2023
Experience the ease of turn-key, fully leased apartments in the sought-after Charles Village neighborhood. With 4 meticulously maintained one-bedroom units, this property offers an incredible opportunity for a new owner to enjoy top-market rents, low maintenance, and stable profits. 3034 Guilford Avenue houses 4 one-bedroom apartments. Kitchens are designed for convenience and durability, with sturdy, easy-to-clean finishes. Tenants enjoy the modern amenities of full-sized 30″ gas ranges, built-in microwaves, and stainless steel sinks complete with garbage disposals. Bathrooms feature modern vanities and full steel bathtubs. The apartments have drywall walls and ceilings throughout, and some apartments have stylish recessed lighting. Floors are a mix of hardwood, laminate, and luxury vinyl plank. Each apartment at 3034 Guilford Avenue is separately metered for gas and electric, giving tenants the responsibility of their own utility usage. Currently the landlord covers heat, public electric, and cold water/sewer; a savvy investor could implement a billback program to increase revenue. The building utilizes a steam boiler for heat. Vinyl replacement windows help to keep heating costs low. Visible plumbing supply lines are copper; drain lines are pvc. Each apartment has its own separate water heater. Tenants share a stacked clothes washer/dryer in the basement. An oversized 1-car garage can provide parking or storage and may supplement rental income. The lead-free limited status of 3034 Guilford Avenue lessens landlord liability, and significantly decreases energy spent on lead inspections. Guilford Avenue offers a quiet reprieve from the hustle and bustle of Charles Village, with its tree-lined, speed-reduced street. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park. 3034 Guilford Ave earns the designation “Walker’s Paradise” with a WalkScore of 94, a TransitScore of 68, and a BikeScore of 85. This block is patrolled by Hopkins campus security, and is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events. Investment Summary: $595,000 $148,750 Per Unit $274 Per Sq. Ft. 10.9 Times Actual Rents (GRM) 8.6 Times Market Rents (GRM) 8.15% Cap Rate 8.2% Projected Cash-on-Cash Return

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$195/sqft
Listed
180+ days ago

Home Details for 3034 Guilford Ave

Interior Features

Interior Details
Basement: Partial,FinishedNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2874 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Hot Water (Multi Tank)
Heating & Cooling
Heating: Radiator,Steam,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiator
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 200+ Amp Service
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Roof: RubberPatio / Porch: PorchOther Structures: Above Grade, Below GradeFoundation: Stone
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Garage Faces Rear,Oversized,Detached Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1893
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Traditional
Building
Construction Materials: BrickNot a New Construction
Property Information
Condition: ExcellentNot Included in Sale: Tenants' PossessionsIncluded in Sale: 3 Ranges, 1 Cooktop, 2 Built-in Microwaves, 4 Refrigerators, 1 Clothes Washer / DryerParcel Number: 0312193858 030

Price & Status

Price
List Price: $595,000Price Per Sqft: $195/sqft
Status Change & Dates
Off Market Date: Fri Sep 15 2023Possession Timing: Immediate, Rental Agreement

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: BaltimoreCommunity: Charles Village
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: 2464 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 3Sub Agency Commission Type: % Of Gross
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

Rental

No Rent Control

Miscellaneous

BasementMls Number: MDBA2088226Municipality: Baltimore City
Last check for updates: about 16 hours ago
Listed by Thomas H Fair, (410) 235-5200
Ben Frederick Realty, Inc.
Bought with: Thomas H Fair, (410) 235-5200, Ben Frederick Realty, Inc.
Source: Bright MLS, MLS#MDBA2088226

Price History for 3034 Guilford Ave

DatePriceEventSource
09/15/2023$560,000Sold
Bright MLS #MDBA2088226
07/13/2023$595,000PendingBright MLS #MDBA2088226
06/05/2023$595,000Listed For SaleBright MLS #MDBA2088226
07/03/2018$385,000Sold
N/A
03/20/2018$395,000Listed For SaleAgent Provided
04/20/1998$96,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$8,856
Assessment$375,700
Home facts updated by county records

Comparable Sales for 3034 Guilford Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Multi-Family Home
$586,250
06/09/23
5
3
3,895
0.54
Multi-Family Home
$312,000
03/29/24
4
4
3,014
0.24
Multi-Family Home
$495,000
03/22/24
3
-
3,120
0.08
Multi-Family Home
$375,000
04/19/24
3
-
1,864
0.38
Multi-Family Home
$400,000
04/26/24
6
-
4,432
0.23
Multi-Family Home
$580,000
04/11/24
5
-
3,758
0.38
Multi-Family Home
$720,000
06/05/23
8
-
3,570
0.61
Multi-Family Home
$429,000
04/05/24
4
-
2,544
0.53
Multi-Family Home
$869,900
03/13/24
4
-
5,148

Assigned Schools

These are the assigned schools for 3034 Guilford 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 Charles Village

  • Lena M.
    "I always see owners walking there dogs and there’s a park near by that is dog friendly. Many people play with their dogs there "
    3
    Flag
  • Stephanie H.
    "The neighborhood has multiple bus and shuttle stops. There’s East access to I-83. Charles and St. Paul are fairly good thoroughfares. "
    0
    Flag
  • Helene B.
    "28th and 29th Street are always busy during rush hour, but not too terrible. It’s just over a 5 min drive from 83 N and S"
    0
    Flag
  • Taylor
    "There are a lot of events during the summer and some parts of the year that it’s a cool place to live everything is in walking distance "
    0
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  • Mikle707
    "Charles Village is eclectic, diverse, progressive, and culturally inclusive. It is situated perfectly near premier universities, public transportation and major highways. It also boast the best of Baltimore’s fame row homes and “Painted Lady’s”. Great place to call home. "
    0
    Flag
  • Lwesner
    "You see people walking dogs all the time. Very close to Wyman Park Dell. Plenty of trash cans for dog poop pick up. People are friendly."
    0
    Flag
  • D a.
    "There’s a dog park within walking distance and waste bags on several light posts around the neighborhood. "
    0
    Flag
  • Danielloa712
    "Lived here for 9 years. Love this neighborhood. Safe, well cared for homes, close to great restaurants. "
    13
    Flag
  • BPR106
    "I've lived in this neighborhood a long time and like the amenities but despise the crime inherent with living in Baltimore City."
    12
    Flag
  • Jenny
    "Between the Abell Open Space, the Charles Village Parents Association, and the sheer number of families with small children, this is a super place to start a family. We have been so lucky to meet so many supportive and friendly neighbors."
    12
    Flag

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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 3034 Guilford Ave

Off Market Homes Near 3034 Guilford Ave

3034 Guilford Ave, Baltimore, MD 21218 is a 4 bedroom, 4 bathroom, 2,874 sqft multi-family built in 1893. 3034 Guilford Ave is located in Charles Village, Baltimore. This property is not currently available for sale. 3034 Guilford Ave was last sold on Sep 15, 2023 for $560,000 (6% lower than the asking price of $595,000). The current Trulia Estimate for 3034 Guilford Ave is $580,700.