$375,000
$500,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
3 Baths
5,124 SqFt
SOLD DATE : 12/13/2024
Key Details
Sold Price $375,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,124 sqft
Price per Sqft $73
Subdivision Hanlon
MLS Listing ID MDBA2120354
Sold Date 12/13/24
Style Traditional
Bedrooms 12
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 4,764
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $7,309
Tax Year 2024
Lot Size 4,103 Sqft
Acres 0.09
Property Description
A generous layout of 12 bedrooms, 3 full bathrooms, and 1 half bath, this home is ideally suited for an Assisted Living Facility. It comes with a current assisted living CFO license, making it a prime opportunity for those looking to invest in the healthcare sector or expand their portfolio with a property designed to meet the needs of a thriving assisted living facility. Nestled in the heart of Baltimore, MD, at 3333 Alto Rd, 21216, this expansive property, boasting over 4,700 sq ft of living space, is currently on the market for $740,000.
This facility is uniquely positioned to accommodate up to 16 residents, with a potential revenue of approximately $3800 per person per month if operated as an assisted living facility. This offers an excellent investment opportunity with significant income potential in the growing sector of residential care.
The house is equipped with essential features for comfort and safety, including chair lifts, a comprehensive sprinkler system, and a water storage system, ensuring a secure and convenient environment for residents and operators alike. Furthermore, the property is already metered for 3 separate units, offering the flexibility to accommodate multiple residents or tenants with ease and efficiency. Whether you're looking to step into the assisted living business or searching for a large, versatile property in Baltimore, 3333 Alto Rd
presents a unique and valuable opportunity
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Hot Water 60+ Gallon Tank
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Furnishings Partially
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Utilities Available Natural Gas Available, Electric Available, Water Available, Sewer Available
Water Access N
Accessibility Chairlift, Grab Bars Mod
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0315273061A016
Ownership Fee Simple
SqFt Source Estimated
Horse Property N
Special Listing Condition Standard
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Bought with Efua Hayford • Fairfax Realty Premier
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Agent | License ID: 1865788