2018 MCCULLOH ST, Baltimore, MD 21217
2018 MCCULLOH ST, Baltimore, MD 21217
2018 MCCULLOH ST, Baltimore, MD 21217
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Will Cannon • Ben Frederick Realty, Inc.
$305,000
Est. payment /mo
2,440 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $125

MLS Listing ID MDBA2226716

Style Converted Dwelling

Abv Grd Liv Area 2,440

Year Built 1920

Annual Tax Amount $2,082

Tax Year 2025

Lot Size 1,920 Sqft

Acres 0.04

Lot Dimensions 16'5\" x 120'

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

2018 McCulloh Street is a three-unit apartment building offering two one-bedroom apartments and one one-bedroom apartment with a den. The property is priced at $101,667 per unit, with current rents already near projected market levels. A new owner can improve income without relying on substantial rent increases or major renovations. Projected operations support a 9.32% cap rate and 12.1% cash-on-cash return.

Kitchens include wood cabinetry, laminate countertops, 30-inch gas ranges, built-in microwaves, stainless-steel sinks, and garbage disposals. Bathrooms feature modern vanities, ceramic tile flooring and tub enclosures, including jetted bathtubs in two apartments. Each unit also includes central air conditioning, an individual electric water heater, and a stack washer and dryer.

The property has four electric meters, three gas meters, and 400-amp electrical service. Tenants pay their separately metered electric usage, while the landlord currently pays for heat and water/sewer. The building is certified Limited Lead Free, reducing annual fees and the paperwork and inspection costs typically associated with tenant turnover.

Located in Druid Heights, 2018 McCulloh Street is convenient to North Avenue, Pennsylvania Avenue, the Penn-North Metro station, and several major bus routes. The surrounding area has also been the focus of ongoing community development and housing investment, including projects targeting the McCulloh Street and Druid Hill Avenue corridors

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions 3 30" gas ranges, 3 refrigerators, 3 stacked washers and dryers included.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2440

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0314040315 010

Ownership Fee Simple

SqFt Source 2440

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)

Nearby School & Business

Get More Information

John Becker

John Becker

+1(484) 947-8764

REALTOR® | License ID: RS294501

REALTOR® License ID: RS294501

Name

Name

Phone*

Phone

Message