2 months on rocket

1863 N Gay St, Baltimore, MD, 21213

$88,000

Home List Price

$1,045*

Closing Credit

3 Bedrooms
1 Full Bath
Townhouse

Location

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1863 N Gay St, Baltimore$88,000

Buyer Closing Credits

$1,045*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingNone
Year Built1915
HeatingOther
CoolingOther
BasementYes
MLS #MDBA2141364
StatusActive
(ACTIVE)

About 1863 N Gay St

Exceptional mixed-use retail in the heart of East Baltimore!! This property is located at 1863 N Gay St. It is a mixed-use retail property with a storefront on the bottom and an apartment upstairs with 3 bedrooms and 1 bath. This apartment could also be easily converted into an office to support any potential existing business using the storefront, or the owner could use it as a dwelling to live in it while running his business downstairs to decrease living expenses substantially. Previously operated as a carryout spot for hot food, existing restaurant infrastructure has already been built inside. While the property definitely needs updates and renovations, it still indeed presents an excellent opportunity for a restaurant entrepreneur or aspiring entrepreneur to start their own fast food business or add another location to sell their carryout goods to the East Baltimore community residents Owner financing and an NNN lease with a tenant improvement allowance may be considered

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (410) 814-2400
  • Listing Agent: ifeanyichukwu A Opara

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: E North Ave to N Gay St

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $88,000

Tax Information:

  • Annual Amount: $260
  • 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

$225.7K

Med. Price/SqFt

$162

Avg. Days On Market

36

# of Sold Homes

553

1863 N Gay St vs Baltimore

80 DAYS ON ROCKET

+44 Days

$88,000

-$137.7K Less

KEY TAKEAWAY

This property is $137.7K less than the Median Sold Price in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2141364

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (410) 814-2400
  • Listing Agent: ifeanyichukwu A Opara

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: 12/21/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$260$13,667
2020$291$12,333
2019$258$11,000
2018$260$11,000
2017$260$11,000

History based on county public records data.

Payment Calculator

$507

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$330

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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-828303
2
/10

  • Harford Heights Elementary School

  • 2050 N Wolfe St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-828304
1
/10

  • Dr. Bernard Harris, Sr. Elementary School

  • 1400 N Caroline St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-828305
4
/10

  • The Green School of Baltimore

  • 2851 Kentucky Ave

  • 1.07 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,021. Typical income of Baltimore, MD residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1863 N Gay St

What is the listing price of this property?

The listing price of 1863 N Gay St property is $88,000.

What type of property is this?

The property 1863 N Gay St is a townhouse located in Baltimore, Maryland, 21213.

Is this property for sale now?

Active Listing: 1863 N Gay St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $260 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1863 N Gay St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 1863 N Gay St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 1863 N Gay St is 1915.

Rocket Homes›Maryland›Baltimore›21213›1863 N Gay St

This home is located at 1863 N Gay St in Baltimore, MD and zip code 21213 in the Broadway East neighborhood. This home was built in 1915. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $88,000.

In November 2024 more than 197 listings in Baltimore, MD were sold above the asking price. During the same period more than 151 listings were sold at asking price, while more than 205 were sold below. Between October 2024 and November 2024, Baltimore, MD real estate market has seen increase in the number of listings by 4.6%. In November 2024 median list price was $225,730 and the average listing age was 36 days.

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

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