1823 Ramsay St, BALTIMORE

$114,900

3 Beds
1½ Baths
0 Sqft
0 Acres
0 Garages

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!

Essential Information
MLS® #MDBA2149604
Price$114,900
Bedrooms3
Bathrooms1.50
Full Baths1
Half Baths1
Acres0.00
Year Built1920
TypeResidential
Sub-TypeInterior Row/Townhouse
StyleTraditional
StatusActive Under Contract
Community Information
Address1823 Ramsay St
SubdivisionCARROLLTON RIDGE
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21223
Amenities
AmenitiesTub Shower, Recessed Lighting
Interior
Interior FeaturesFloor Plan-Open
AppliancesStainless Steel Appliances
HeatingForced Air
CoolingCentral A/C
Has BasementYes
BasementUnfinished
# of Stories3
Stories3
Exterior
ExteriorBrick and Siding
FoundationOther
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningR-8
Listing Details
OfficeColdwell Banker Realty
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $124,900 to $114,900
Status Changed from Coming Soon to Active
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Listing information last updated on March 31st, 2025 at 1:03pm EDT.

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