316 North Paca Street
$1,300,000
—
4,725
4,725
$275
Active Under Contract
Description
Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers. Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities...Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers. Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors. Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.
- Listed by Menachem M. Dalfin • Midfield RealtyP: (410)-498-5408 yaakov@midfieldre.com
Property Details for 316 North Paca Street
Tax ID Number
0304030575 027
OwnershipOther
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
SubdivisionNONE AVAILABLE
SubdivisionNONE AVAILABLE (BALTIMORE CITY MD)
LISTING UPDATED: 12/18/2024 04:29 PM
Property Details for 316 North Paca Street
Status | Active Under Contract |
---|---|
MLS # | MDBA2140644 |
Days on Market | 87 |
Taxes | $9,780 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Other |
Year Built | 1900 |
Lot Size | - |
County | Baltimore Independent City |
Building Information for 316 North Paca Street
Stories-Residences1Year Built1900Building Size-Lot Size-
Property Information for 316 North Paca Street
Property History for 316 North Paca Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 316 North Paca Street
Taxable ValueLand$86,800Additions$327,600Total$414,400
Tax Record2023$9,354 ($780 / month)
Home Facts
Total Finished SqFt4,725 SqFtAbove Grade Finished SqFt4,725 SqFtStories3Lot Size2,482 SqFtStyleMulti-Family Res (5+ Units)ZoningC-5DCCountyBALTIMORE CITYAPN04-03-0575 -027
Schools near 316 North Paca Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 7 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
Paul Laurence Dunbar 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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