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7689 Baltimore Annapolis Boulevard

GLEN BURNIE, MD 21060
  • $515,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: MDAA2094182
UPDATED: 50 min ago
$515,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,832
    SQFT
  • $182
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Information

High School:

Description

It is possible to both own a statement property and make a lot of money! This showcase triplex (called "B&A Bungalows") sits at a corner location on B&A Blvd. It's been lauded by the community as a property that has been wonderfully renovated and operated. The fully fenced corner lot has four off-street parking spaces + a carport, a separate shed with power, and a large landscaped yard. The building consists of a 3 bedroom apartment on the ground floor and 2 separate studios on the bottom floor. The upstairs and downstairs are separately metered. The property was fully renovated in the '21 - '22 timeframe. This included on the exterior: new fencing, upgraded parking, upgraded landscaping, new paint, new exterior LED lighting, new awnings, new roof and gutters on main building and shed, among others. This included on the interior: completely remodeled with paint, lighting, flooring, baseboard heaters, window mounted a/c's, new bathrooms, new appliances (fridge, washer/dryer, etc), etc, etc. There is a boiler that provides for hot water and heat upstairs that is < 10 years old and in great shape. The upstairs includes a beautiful original wood flooring that was rehabilitated. Bottom line - no deferred maintenance.It is fully legal (permits and licenses) and lead free.The building is fully leased and very easy to occupy. It brings in $52,740 in annual gross rent from the 3 units. It is being sold at a current cap rate of 8.0%, based on actuals.Showing requirements: we will not show the property unless a potential buyer has driven by it and provides some proof of funds or financing. We will not carry financing.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T19:51:55.537.
www.lisasellsdelaware.com/homes/155033327
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7689 Baltimore Annapolis Boulevard GLEN BURNIE, MD 21060

  • Price: $515,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 50 min ago
  • ID#: MDAA2094182
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,832
SQFT
$182
$/SQFT
1940
Built
County:
Anne Arundel
High School:
Glen Burnie
School District:
Anne Arundel County Public Schools
Property Description
It is possible to both own a statement property and make a lot of money! This showcase triplex (called "B&A Bungalows") sits at a corner location on B&A Blvd. It's been lauded by the community as a property that has been wonderfully renovated and operated. The fully fenced corner lot has four off-street parking spaces + a carport, a separate shed with power, and a large landscaped yard. The building consists of a 3 bedroom apartment on the ground floor and 2 separate studios on the bottom floor. The upstairs and downstairs are separately metered. The property was fully renovated in the '21 - '22 timeframe. This included on the exterior: new fencing, upgraded parking, upgraded landscaping, new paint, new exterior LED lighting, new awnings, new roof and gutters on main building and shed, among others. This included on the interior: completely remodeled with paint, lighting, flooring, baseboard heaters, window mounted a/c's, new bathrooms, new appliances (fridge, washer/dryer, etc), etc, etc. There is a boiler that provides for hot water and heat upstairs that is < 10 years old and in great shape. The upstairs includes a beautiful original wood flooring that was rehabilitated. Bottom line - no deferred maintenance.It is fully legal (permits and licenses) and lead free.The building is fully leased and very easy to occupy. It brings in $52,740 in annual gross rent from the 3 units. It is being sold at a current cap rate of 8.0%, based on actuals.Showing requirements: we will not show the property unless a potential buyer has driven by it and provides some proof of funds or financing. We will not carry financing.
Exterior Features

Architectural Style Ranch/Rambler Construction Materials Aluminum SidingBlock Garage YN No Other Structures Shed Parking Types Attached CarportDrivewayOff Street Pool No Pool Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1416 Basement Outside EntranceSide EntranceDaylightPartial Basement YN Yes Below Grade Finished Area 1416 Below Grade Unfinished Area 0 Cooling Window Unit(s) Exclusions Items and tools in shed Fireplace YN No Flooring VinylWood Heating RadiantBaseboard - Electric Heating YN Yes Single Room Units 2 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0 Walls Ceilings Dry WallBlock Walls

Property Features

Acceptable Financing CashFHAConventionalVA Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Foundation Details Block Gross Income 52740.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 803350886494 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2577.00 Tax Lot 19 Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning R5

Listing courtesy of Taylor Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T19:51:55.537.
 
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