4 months on rocket

1 W 27th St, Baltimore, MD, 21218

$329,000

Home List Price

$3,907*

Closing Credit

0 Baths
2,178 SqFt
$151/SqFt
Multi

Location

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1 W 27th St, Baltimore$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1900
HeatingRadiant
CoolingWindow Unit(s)
MLS #MDBA2133466
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1 W 27th St

Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Don’t miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30″ electric and 20″ gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins’ other Baltimore campuses. 1 West 27th Street earns the designation “Walker’s Paradise” with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.

Property Details

Property Features

Property Information:

  • Architectural Style: Converted Dwelling
  • Year Built: 1900
  • Living Area: 2,178 SqFt

Listing Office:

  • Office Name: Ben Frederick Realty, Inc.
  • Office Phone: (410) 235-9500
  • Listing Agent: Will A Cannon III

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $4,135
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

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Baltimore, MD

City

Med. Sold Price

$224.9K

Med. Price/SqFt

$162

Avg. Days On Market

40

# of Sold Homes

566

1 W 27th St vs Baltimore

122 DAYS ON ROCKET

+82 Days

$329,000

+$104K More

$151/SqFt

-$12 Less

KEY TAKEAWAY

This property is $104K more than the Median Sold Price and $12/SqFt less than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2133466

Listing Office:

  • Office Name: Ben Frederick Realty, Inc.
  • Office Phone: (410) 235-9500
  • Listing Agent: Will A Cannon III

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2004Home Sold
$175,000
May 23, 2003Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,135$178,000
2020$4,167$176,600
2019$4,115$175,200
2018$4,135$175,200
2017$4,135$175,200

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-341783
1
/10

  • Dallas F. Nicholas, Sr. Elementary School

  • 201 E 21st St

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-341784
1
/10

  • Cecil Elementary School

  • 2000 Cecil Ave

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-341785
1
/10

  • John Eager Howard Elementary School

  • 2011 Linden Ave

  • 1.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,354. Typical income of Baltimore, MD residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Baltimore›21218›1 W 27th St

This home is located at 1 W 27th St in Baltimore, MD and zip code 21218 in the North neighborhood. This 2,178 square foot home, which was built in 1900, sits on a 0.03 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $329,000.

In October 2024, from all listings sold in Baltimore, MD there were more than 198 sold above asking price, over 223 sold below and more than 145 were sold right at the asked price. The number of homes for sale in Baltimore, MD increased by 12% between September 2024 and October 2024. In October 2024 median list price was $224,997 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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