Investors and homebuyers alike, take note! This exceptional property offers versatility as both a strong investment opportunity and a comfortable primary residence. Currently occupied by a reliable tenant paying $1,600 per month, the property generates a gross cap rate of 15% and a net cap rate of 13%, factoring in current operating expenses. For homebuyers, this presents a chance to secure a beautifully updated home in a prime location with rental income potential or future equity growth. Renovated within the last three years, this 3-bedroom, 1.5-bathroom home features an open floor plan perfect for entertaining, recessed lighting, durable LVP flooring, and a stylish kitchen equipped with stainless steel appliances. The exposed brick in the living room creates a warm and inviting aesthetic, while the main-level laundry, central A/C, and forced air heat provide modern comfort and convenience. The private backyard is an ideal spot for outdoor relaxation or hosting gatherings. Situated just 10 blocks west of the Inner Harbor, the property is within close proximity to Baltimore’s stadiums, dining, shopping, and all the vibrant attractions downtown has to offer. Whether you're an investor seeking immediate cash flow or a homebuyer looking for a residence in a fantastic location, 1823 Ramsay St. is a property that meets your needs. Don’t miss out on this rare opportunity!

• Status: Active
• MLS #: MDBA2149604
• Days On Market: 52
• Taxes: $543 / 2023
• Property Type: Residential
• Year Built: 1920
• Lot Size: 0 / 0
• InteriorFeatures: Bathroom - Tub Shower, Dining Area, Floor Plan - Open, Recessed Lighting
• Courtesy of: Coldwell Banker Realty

Property Information

• Accessibility Features: 2+ Access Exits
• New Construction: No
• Roof: -
• Structure Design Type: Interior Row/Townhouse
• Style: Traditional
• Levels: 3
• Property Condition: -

Community

• County: BALTIMORE CITY-MD
• City: BALTIMORE
• Zip: 21223
• Subdivision: CARROLLTON RIDGE

School

• School District: -
• Elementary School: -
• Middle School: -
• High School: -

Amenities

• Property: Residential
• MLS: ACTIVE-BRIGHT
• Acres: 0
• Status: Active
• Basement: Yes
• Year Built: 1920
• Lot SQFT: 0
• Lot Size Units: Square Feet
• Structure Design Type: Interior Row/Townhouse