7 months on rocket

1627 Gwynns Falls Pkwy, Baltimore, MD, 21217

$220,000

Home List Price

$2,613*

Closing Credit

0 Baths
2,500 SqFt
$88/SqFt
Multi

Location

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1627 Gwynns Falls Pkwy, Baltimore$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingRadiant
CoolingCentral Air, Window Unit(s)
MLS #MDBA2118484
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 1627 Gwynns Falls Pkwy

Investment Opportunity! Triplex Near Druid Hill Park & Mondawmin Mall (As-Is, Pending Release) Back on the market pending release after buyer in breach of contract. Welcome to this fantastic investment opportunity! Located just one block away from Druid Hill Park and within walking distance to Mondawmin Mall, this triplex offers convenience and charm in one of Baltimore's vibrant neighborhoods. **Property Features:** 1. **Three Units:** This triplex consists of three separate units, offering flexibility and potential for rental income. 2. **Tenant Occupied:** 2 units are currently tenant occupied, providing immediate cash flow for the savvy investor. 1 unit is vacant to allow for a possibility to house hack or put your own tenant in place! 3. **Prime Location:** Situated just a block away from Druid Hill Park, residents can enjoy leisurely strolls, picnics, and various outdoor activities. Additionally, Mondawmin Mall, with its shopping, dining, and entertainment options, is only two blocks away. 4. **Well-Maintained:** This property has been well-maintained, ensuring peace of mind for the new owner. 5. **Income Potential:** With its convenient location and multiple units, this property presents an excellent opportunity for rental income or potential future development. **Unit Details:** - Each unit features [specify details such as number of bedrooms, bathrooms, square footage, etc.]. - Tenants enjoy [mention any specific amenities or features of the units]. **Location Highlights:** - **Druid Hill Park:** Residents have easy access to one of Baltimore's most beloved parks, offering green spaces, walking trails, a zoo, and more. - **Mondawmin Mall:** Just a short walk away, Mondawmin Mall provides a variety of shopping, dining, and entertainment options, adding convenience and value to the neighborhood. - **Transportation:** Close proximity to public transportation hubs ensures easy commuting options for residents. Don't miss out on this incredible opportunity to own a triplex in a desirable location with great income potential. Submit an offer to see the property, or attend an Open House to see the property, and start reaping the rewards of this prime investment property!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Ashley White

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: One block away from Druid Hill Park

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $1,758
  • 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

1627 Gwynns Falls Pkwy vs Baltimore

219 DAYS ON ROCKET

+179 Days

$220,000

-$4.9K Less

$88/SqFt

-$75 Less

KEY TAKEAWAY

This property is $4.9K less than the Median Sold Price and $75/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: #MDBA2118484

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Ashley White

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: 11/15/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 25, 2020Home Sold
$123,375
Jun 19, 2015Home Sold
$49,500
Aug 20, 2013Home Sold
$28,001
Apr 26, 2007Home Sold
$162,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,758$77,800
2020$1,567$66,400
2019$1,749$74,500
2018$1,758$74,500
2017$1,758$74,500

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-397498
1
/10

  • Matthew A. Henson Elementary School

  • 1600 N Payson St

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-397499
1
/10

  • Gwynns Falls Elementary School

  • 2700 Gwynns Falls Pkwy

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-397500
1
/10

  • John Eager Howard Elementary School

  • 2011 Linden Ave

  • 0.94 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 $34,130. Most Baltimore, MD residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Baltimore›21217›1627 Gwynns Falls Pkwy

This home is located at 1627 Gwynns Falls Pkwy in Baltimore, MD and zip code 21217 in the West neighborhood. This 2,500 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $220,000.

Over 198 listings were sold over their listed price in October 2024 in Baltimore, MD. In the same period over 223 listings were sold below the listed price and 145 listings were sold for the listed price. The number of homes for sale in Baltimore, MD increased by 12% between September 2024 and October 2024. While the average time on the market in October 2024 was 40 days, the median list price was $224,997.

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

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