Discover a prime investment opportunity just three blocks from the scenic waterfront of Thames Street. These turn-key apartments promise a stable and lucrative return. Each unit is separately metered with individual heating, cooling, and hot water systems, ensuring tenant independence and convenience. This all-electric building not only aligns with modern energy-saving trends but also offers significant cost efficiencies. Don't miss your chance to secure a valuable asset in this desirable location! Tenants enjoy the best of Baltimore living at 521 South Wolfe Street. Apartment One is a two-bedroom, one-bathroom unit spanning three stories and including a chic loft bedroom. Recently renovated, the kitchen features granite countertops, shaker cabinets, and a full suite of stainless steel appliances. The combination of contemporary finishes and historic touches provides an inviting and sophisticated atmosphere. Apartments Two and Three are each one-bedroom units. Their kitchens feature easy-to-clean laminate countertops and wood cabinets, with electric ranges and dishwashers. Each of these units boasts outdoor living space as well: a rear wood deck for Apartment Two and a concrete patio for Apartment Three. 521 South Wolfe Street is all-electric, featuring four separate electric meters. Each apartment is equipped with its own electric heat pump, air conditioning, and water heater, ensuring comfort and efficiency. In-unit washers and dryers are a “must-have” for modern tenants. The landlord employs a utility bill back program for public service utilities, offering a convenient and cost-effective solution for managing utility expenses. Tenants pay their own electric for each unit. Fell’s Point is renowned for its historic character, bustling waterfront, and vibrant community. Residents of 521 South Wolfe Street can enjoy easy access to the picturesque Thames Street, lined with boutique shops, trendy cafes, and lively pubs. The proximity to the waterfront provides opportunities for scenic walks, water activities, and outdoor recreation. Additionally, the neighborhood’s rich history and unique architecture create a charming and inviting atmosphere, making it a sought-after destination for both locals and visitors. Whether you’re looking to expand your investment portfolio or find a new place to call home, 521 South Wolfe Street offers a fantastic opportunity to experience the best of Fells Point living.
Property Details
Property Features
Property Information:
Architectural Style: Converted Dwelling
Year Built: 1920
Living Area: 2,200 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: None
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Central Air
Other
Directions Information:
Directions: GPS
Municipality:
Baltimore City
Price Information
Listing Price Info
Price Summary:
List Price: $574,999
Price Per SqFt: $261/SqFt
Tax Information:
Annual Amount: $5,007
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Baltimore, MD.
This property is $349.2K more than the Median Sold Price and $98/SqFt more than other homes in Baltimore, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDBA2133452
Listing Office:
Office Name: Ben Frederick Realty, Inc.
Office Phone: (410) 235-9500
Listing Agent: Will A Cannon III
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,937
Per Month
Principal & Interest
$2,870
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,790
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Wolfe Street Academy
245 S Wolfe St
Distance between this listing and this school0.21 miles
Public Charter Grades PK-5
1
/10
William Paca Elementary School
200 N Lakewood Ave
Distance between this listing and this school0.90 miles
Public District Grades PK-5
5
/10
Federal Hill Preparatory School
1040 William St
Distance between this listing and this school1.25 miles
Public District Grades PK-5
Nearby Schools
5
/10
The Crossroads School
802 S Caroline St
Distance between this listing and this school0.43 miles
Public Charter Grades 6-8
2
/10
City Springs Elementary/Middle School
100 S Caroline St
Distance between this listing and this school0.52 miles
Public Charter Grades PK-8
3
/10
Commodore John Rogers Elementary/Middle School
100 N Chester St
Distance between this listing and this school0.60 miles
Public District Grades PK-8
Nearby Schools
4
/10
Paul Laurence Dunbar High School
1400 Orleans St
Distance between this listing and this school0.86 miles
Public District Grades 9-12
1
/10
National Academy Foundation
540 N Caroline St
Distance between this listing and this school0.92 miles
Public District Grades 6-12
1
/10
Digital Harbor High School
1100 Covington St
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $51,507. The majority of Baltimore, MD residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 521 S Wolfe St in Baltimore, MD and zip code 21231 in the Fell's Point neighborhood. This 2,200 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $574,999.
In November 2024, from all listings sold in Baltimore, MD there were more than 197 sold above asking price, over 205 sold below and more than 151 were sold right at the asked price. In November 2024 in Baltimore, MD there were 4.6% more homes for sale than in October 2024. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $225,730.
From Rocket Homes Real Estate and based on county public records data.