1823 Ramsay Street
Baltimore, MD 21223
$124,900
Price
3
Beds
1
Bath
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Investors and homebuyers alike, take note! This exceptional property offers versatility as both a strong investment opportunity and a comfortable primary residence. Currently occupied by a reliable tenant paying $1,600 per month, the property generates a gross cap rate of 15% and a net cap rate of 13%, factoring in current operating expenses. For homebuyers, this presents a chance to secure a beautifully updated home in a prime location with rental income potential or future equity growth. Renovated...Investors and homebuyers alike, take note! This exceptional property offers versatility as both a strong investment opportunity and a comfortable primary residence. Currently occupied by a reliable tenant paying $1,600 per month, the property generates a gross cap rate of 15% and a net cap rate of 13%, factoring in current operating expenses. For homebuyers, this presents a chance to secure a beautifully updated home in a prime location with rental income potential or future equity growth. Renovated within the last three years, this 3-bedroom, 1.5-bathroom home features an open floor plan perfect for entertaining, recessed lighting, durable LVP flooring, and a stylish kitchen equipped with stainless steel appliances. The exposed brick in the living room creates a warm and inviting aesthetic, while the main-level laundry, central A/C, and forced air heat provide modern comfort and convenience. The private backyard is an ideal spot for outdoor relaxation or hosting gatherings. Situated just 10 blocks west of the Inner Harbor, the property is within close proximity to Baltimore’s stadiums, dining, shopping, and all the vibrant attractions downtown has to offer. Whether you're an investor seeking immediate cash flow or a homebuyer looking for a residence in a fantastic location, 1823 Ramsay St. is a property that meets your needs. Don’t miss out on this rare opportunity!
- Listed by Timothy Lee Joseph Dominick • Coldwell Banker RealtyP: (443)-414-8843 tim@dominickhomes.realestate
Property Details for 1823 Ramsay Street
Tax ID Number
0319100291 012
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeInterior Row/Townhouse
StyleTraditional
Levels/Stories3
WaterfrontNo
LISTING UPDATED: 12/16/2024 07:34 PM
Property Details for 1823 Ramsay Street
| Status | Active |
|---|---|
| MLS # | MDBA2149604 |
| Days on Market | 1 |
| Taxes | $543 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.00 AC / 0 SF |
| County | Baltimore Independent City |
Building Information for 1823 Ramsay Street
Stories3Residences-Year Built1920Lot Size0.00 AC / 0 SF
Property Information for 1823 Ramsay Street
Location
Location
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Property Manager Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $23,000
- Year Assessed: 2023
- County Tax: $26
- City Town Tax: $517
- Clean Green Assessed: No
- Land Use Code: R
- Section: 10
- Zoning: R-8
- Tax Lot: 012
- School Tax: $0
- Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
- Pets Allowed: Yes
- Pet Restrictions: No Pet Restrictions
Rooms
All Upper Levels
- # Bedrooms Count All Upper Levels: 3
- # Bathrooms Count All Upper Levels: 2
- # Bathrooms Full All Upper Levels: 1
- # Bathrooms Half All Upper Levels: 1
Upper Level 1
- # Bedrooms Count Upper Level: 3
- # Bathrooms Count Upper Level: 2
- # Bathrooms Full Upper Level: 1
- # Bathrooms Half Upper Level: 1
Rooms
- Stories: Upper 1
Financial Information
Financial Information
- Annual Rental Income: $19,200
Building Info
Building Info
- Total Finished SQFT: .00
- Total Finished SQFT Source: Estimated
- Total SQFT: .00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Basement Type: Unfinished
- Foundation Details: Other
- Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bathrooms Half-Upper Level 1-1
- # Bathrooms Full: 1
- # Bathrooms Half: 1
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Estimated
- Location Type: Urban
Parking
Parking
- Type Of Parking: On Street
Interior Features
Interior Features
- Interior Features: Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Recessed Lighting
- Fireplace: No
- Appliances: Stainless Steel Appliances
- Accessibility Features: 2+ Access Exits
- Laundry Type: Main Floor
Exterior Features
Exterior Features
- Spa: No
- Pool: No Pool
- Horse: No
Utilities
Utilities
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Baltimore Board of REALTORS
Property History for 1823 Ramsay Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1823 Ramsay Street
Taxable ValueLand$35,000Additions$115,000Total$150,000
Tax Record2023$543 ($45 / month)
Home Facts
Lot Size720 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920ZoningR-8CountyBALTIMORE CITYAPN19-10-0291 -012Fireplace TypeHas Fireplace
Schools near 1823 Ramsay Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Frederick Elementary School CharterPK to 5 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
Digital Harbor High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Realty
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/16/2024 07:34 PM