****The buyer's financing fell through.****
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 Baltimores 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. Dont miss out on this rare opportunity!
Presented By: Coldwell Banker Realty
Interior Features for 1823 Ramsay Street
Bedrooms
Bedrooms Count All Upper Levels3
Bedrooms Count Upper Level 13
Total Bedrooms3
Bathrooms
Bathrooms Half Upper Level 11
Bathrooms Half All Upper Levels1
Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 12.00
Bathrooms Count All Upper Levels2
Half Baths1
Total Baths2
Other Interior Features
LivingAreaSourceEstimated
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceEstimated
Above Grade Finished Area0
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceEstimated
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBathroom - Tub Shower, Dining Area, Floor Plan - Open, Recessed Lighting
Laundry TypeMain Floor
General for 1823 Ramsay Street
Acceptable FinancingCash, Conventional, Private, Other
Accessibility2+ Access Exits
AppliancesStainless Steel Appliances
Architectural StyleTraditional
Association Recreation FeeN
CityBALTIMORE
Condo/Coop Association Y/NNo
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBALTIMORE CITY
DirectionsPlease see GPS for the most accurate directions
Full Baths1
Garage Y/NNo
HOANo
HeatingForced Air
Lease Considered Y/NNo
Legal SubdivisionWard 19
Levels3
Location TypeUrban
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-24T17:09:17
MunicipalityBaltimore City
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease, Negotiable, Other
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