726 Reservoir St

BALTIMORE, MD 21217

About this property

Back on the market!! Investors and House hackers!!! PAY ATTENTION. THIS IS THE ONE YOU'VE BEEN LOOKING FOR. Fabulous opportunity for owner-occupant to really take advantage of the FHA-203K program and improve a great investment and live (relatively) rent-free. This building opens to a cute lobby area with floor to ceiling windows, the original staircase and skylight. First floor and third floor are rented by stable tenants who take care of their spaces. So, turn-key rentals the day you move in. Annual rental income is currently $21,000 per year with the two units rented . Second floor unit is a blank slate waiting for your vision of your own home to come to life. Building is in good shape - will improve your ARV with some easy updates like laundry in units and maybe some kitchen and bath updates. Reservoir Street is tree-lined and has stately Victorians lining the block. Fabulous location in Reservoir Hill - near Druid Hill Park and easy access to both MLK and 83. Building was just inspected - available in documents. Being sold strictly as-is with 15-day right to inspect. Make sure you check out the Matterport virtual tour. Prior to showing tenant occupied units, prospective buyers must fill out and certify Financial Information Sheet, COVID Hold Harmless, and provide proof of funds or pre-qualification. All documents available with listing. Easy to see vacant owner's unit without documents.

Date Added
May 23, 2020
Listing Status
Pending - Show
Days On Site
122
MLS#
MDBA511138

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1905
Garage
0
Pool
No
Story(s)
Property View
No
Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$299,500 Pending - Show
0 Beds
0 Full Baths
2,692 SQFT

Presented By Addison Wolfe Real Estate

Agent Image
Get in touch today! Phone: (215) 862-5500
Brokerage
New Hope
(215) 862-5500
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| BALTIMORE CITY-MD County |

$ 299,500
This listing is play_arrow 313.7% higher than the average in the area
$ 72,400 in the area
2,692 SqFt
This listing is play_arrow 236.5% larger than the average in the area
800 SqFt in the area
$ 111 $/SqFt
This listing is play_arrow 409.3% more than the average in the area
$ 22 $/SqFt in the area
122 days on site
This listing is play_arrow 16.7% below the average in the area
147 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Addison Wolfe

Real Estate Links Our Domains