Note, this property can qualify for the mixed use residential loan program. Want to know where the next hot Baltimore neighborhood will be. Considering its historic character, grand scale architecture, current affordability and proximity to other desirable neighborhoods and academic institutions such as Johns Hopkins University, JHU, The University of Baltimore, UB, the Maryland Institute College of art, Mica, and Downtown, look no further than the neighborhood know as Old Goucher College. This 5,000 plus square foot Townhome has been newly and expertly renovated. Nothing left to be done. It is literally a turnkey situation. It features 2, contemporary, beautifully renovated 2 bedroom, 2 bathroom Apartments. plus 2 renovated commercial units. Some of the tasteful historic architectural elements such as exposed brick accent walls, original marble fireplace mantles and winding staircase have been retained in the renovation. The flooring is made of very wide plank real oak hardwood . The kitchens feature counter eating space, granite counters , stainless appliances and contemporary wooden cabinets. The bathrooms feature modern tile . Each apartment has one bathroom with double vanities and one with a single vanity, both are equipped with shower tub combinations. Note as of this writing 1 of the units is vacant. The apartments are located on the second and third floor of the building. Parking is provided at the rear of the building in a paved lot that can hold four to six cars.
The other 2 units which are also completely renovated with charm and grace are commercial and located in the English basement and the first floor. Both commercial units are currently rented long term, with boutique style retail enterprises.
This building is incredibly inviting. Fully renovated. Turnkey. GREAT NEWS!!!! FHA has announced a new 5% down mixed use loan program for which we think this building will qualify. The owner has to live in 1 of the units, the income from the second residential unit can help the qualification process, however, the income from the commercial units can not be used for qualifying. The qualifier is that 51% of the building has to be committed to residential use. We exceed that criteria. Additional great news for employees of Johns Hopkins. A $17,000 grant from the JHU Live near your work program for eligible applicants. This is part of the Homewood Community Partners initiative, HPCI. This only applies if one resides in the property. Contact JHU for varyfication of information.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 6th December, 2023 2:40 AM (UTC)