Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211,1301 ROLAND HEIGHTS AVE
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$395,000

$395,000

Est.Price: ?

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Est. payment /mo

1,350 SqFt


SOLD DATE : 06/04/2021

Key Details

Sold Price $395,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $292

Subdivision Medfield

MLS Listing ID MDBA548246

Sold Date 06/04/21

Style Converted Dwelling,Traditional

HOA Y/N N

Abv Grd Liv Area 1,350

Originating Board BRIGHT

Annual Tax Amount $5,869

Tax Year 2021

Lot Size 0.321 Acres

Acres 0.32

Property Description

This 1/3 acre site is located in an R6 Zoning District, permitting 9 Units by right with higher density possible with a zoning variance. This development site is in Medfield, one of Baltimore Citys popular and up-and-coming neighborhoods is a rare opportunity. Situated on a mostly level, corner lot, the site has 105 of frontage along Roland Heights Avenue. City water and sewer connections are already in place. The Church building is leased through 1/31/2022, with the landlord having the right to terminate the rental agreement with two-months notice. The church rental income helps cover carrying costs while going through the pre-development stages. The R6 zoning district allows both townhomes and multi-family, with up to 9 units by right. Woodberry, an adjacent neighborhood, is seeing a dramatic increase in the redevelopment of old industrial lots into new housing, with new townhomes in this market sell from mid-$300 and into the mid-$400s, 1-bedroom apartments in this market rent as high as $1200/month, with 2-bedrooms as high as $1500/month. Nestled 2 minutes from I-83 and the West Cold Spring Metro Station allow your potential home buyers or renters to live in the City, but work outside of City limits. Both Johns Hopkins University and Loyola University are 1 mile away. The newly developed Rotunda, home to MOMs Organic Market and Starbucks, is less than a mile and offers shopping, food and entertainment. Hampdens famous Avenue offers locals affordable ubers for nights out on the town. Latest statistics show that Medfield is 75% home owners and 25% renters.

Location

State MD

County Baltimore City

Zoning R-6

Rooms

Basement Other

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling, Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0313153575A045

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Cheryl L, Sadera • Ben Frederick Realty, Inc.
Bought with John E Simmonds • RE/MAX Ikon
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