Baltimore, MD 21230,637 S PACA ST
Baltimore, MD 21230,637 S PACA ST
Baltimore, MD 21230,637 S PACA ST
Baltimore, MD 21230,637 S PACA ST
Baltimore, MD 21230,637 S PACA ST
Baltimore, MD 21230,637 S PACA ST
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$451,000

$445,000

1.3%
Est.Price: ?

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Est. payment /mo

1,950 SqFt


SOLD DATE : 05/31/2024

Key Details

Sold Price $451,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $231

Subdivision Ridgely'S Delight

MLS Listing ID MDBA2123104

Sold Date 05/31/24

Style Converted Dwelling

Abv Grd Liv Area 1,950

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,487

Tax Year 2023

Lot Size 1,725 Sqft

Acres 0.04

Property Description

Only a 7 Minute Walk to University of Maryland Baltimore Campus, Which Houses Six Distinct Graduate Schools & Does Not Offer Students On-Campus Housing, Creating High Rental Demand. 250,000 Square Foot Addition to University of Maryland's BioPark: Attracting 50 to 100 New Companies to Baltimore City & Encouraging Population Growth. Self-Contained Apartments Are More Easily Manageable as Tenants Control Their Own Living Environment and Pay Their Own Utilities. Affordable Entry Point into Ridgely's Delight at Only $148,333 Per Unit. Located on the west end of South Paca, this Ridgely's Delight 3-unit dwelling is accessed through an airy breezeway. Apartment A spans three stories and features spacious bedrooms with en-suite bathrooms. The open kitchen and living area are bright, adorned with large wooden windows that overlook a quiet, tree-lined street.

Apartment B is spread across two stories and showcases a recently renovated kitchen, boasting cement countertops, stainless steel appliances, stone backsplash, and stylish wood-shaker cabinetry. Pressed tin ceilings add charm to the main floor living area.

The studio apartment occupies the top floor of the carriage house, situated atop a one-car garage. It is outfitted practically, with upgrades including new laminate flooring throughout. Each unit is equipped with its own washer and dryer, providing added convenience for tenants. Apartments in the main building have gas-fired furnaces with central air conditioning. The carriage house has an electric heat pump with central air. Each apartment is served by its own 40-gallon electric-fired water heater. The main water supply line has been upgraded to copper, preventing a costly repair in the future. All observable interior water supply lines are copper or C-PVC. All observable drain lines are PVC. The landlord currently pays for water. Ridgely's Delight is known for its beautiful and well-maintained rowhouses, many of which were built in the Federal style popular during the late 18th and early 19th centuries. The architecture reflects the neighborhood's historic significance and adds to its charm.

With its proximity to the University of Maryland's Baltimore Campus, graduate students demand quality housing within walking distance, which 637 South Paca proudly offers. Tenants can truly experience Baltimore City, with both the Orioles Stadium and Ravens Stadium close by, along with the popular restaurants and bars that host these die-hard fans. The University of Maryland's BioPark is across the street and expected to be completed in late 2024. This project hopes to incentivize up to 100 new companies to move into the building, creating jobs, foot traffic, and increased retail. Rents at time of sale: Apt A (2 Bedroom): $1275/. Apt B (2 Bedroom): $1249. Apt C (1 Bedroom): $800

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Electric

Heating Heat Pump(s), Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric, Natural Gas

Exterior

Parking Features Garage - Rear Entry, Garage Door Opener

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Foundation Brick/Mortar

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 0322060861 042

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Will A Cannon III • Ben Frederick Realty, Inc.
Bought with Jane Ann Huelle • EXP Realty, LLC
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914 S. Pine St, Suite 3, York, York, PA, USA

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