**INVESTOR ALERT** TENANT OCCUPIED - Here is an opportunity to build your portfolio! Each tenant here is renting a room and they're on a month-to-month lease. Monthly income of $2500. The new furnace, ductwork, and water heater are 3 years old. U&O permit and lead certificate
Property Details
Property Features
Property Information:
Architectural Style: Federal
Year Built: 1940
Stories: 3
Listing Office:
Office Name: Cummings & Co. Realtors
Office Phone: (410) 823-0033
Listing Agent: Diana Brown
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: On Street
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
Baltimore City College, Public District Grades 9-12
The Reach! Partnership School, Public District Grades 8-12
Mergenthaler Vocational-Technical High School, Public District Grades 9-12
Stadium School, Public District Grades 6-8
Afya Public Charter School, Public Charter Grades 6-8
Vanguard Collegiate Middle School, Public District Grades 6-8
Other
Directions Information:
Directions: GPS
Municipality:
Baltimore City
Price Information
Listing Price Info
Price Summary:
List Price: $130,000
Tax Information:
Annual Amount: $401
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Baltimore, MD.
This property is $90K less than the Median Sold Price in Baltimore, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDBA2107394
Listing Office:
Office Name: Cummings & Co. Realtors
Office Phone: (410) 823-0033
Listing Agent: Diana Brown
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$716
Per Month
Principal & Interest
$649
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$456
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Stadium School
1300 Gorsuch Ave
Distance between this listing and this school0.31 miles
Public District Grades 6-8
4
/10
Afya Public Charter School
2800 Brendan Ave
Distance between this listing and this school1.26 miles
Public Charter Grades 6-8
3
/10
Vanguard Collegiate Middle School
5000 Truesdale Rd
Distance between this listing and this school2.64 miles
Public District Grades 6-8
High School
7
/10
Baltimore City College
3220 The Alameda
Distance between this listing and this school0.30 miles
Public District Grades 9-12
1
/10
The Reach! Partnership School
2801 Saint Lo Dr
Distance between this listing and this school0.62 miles
Public District Grades 8-12
3
/10
Mergenthaler Vocational-Technical High School
3500 Hillen Rd
Distance between this listing and this school0.80 miles
Public District Grades 9-12
Nearby Schools
1
/10
Monarch Academy Public Charter School
2525 Kirk Ave
Distance between this listing and this school0.31 miles
Public Charter Grades KG-6
2
/10
Abbottston Elementary School
1300 Gorsuch Ave
Distance between this listing and this school0.31 miles
Public District Grades PK-5
2
/10
Harford Heights Elementary School
1919 N Broadway
Distance between this listing and this school0.53 miles
Public District Grades PK-5
Assigned Schools
2
/10
Stadium School
1300 Gorsuch Ave
Distance between this listing and this school0.31 miles
Public District Grades 6-8
4
/10
Afya Public Charter School
2800 Brendan Ave
Distance between this listing and this school1.26 miles
Public Charter Grades 6-8
3
/10
Vanguard Collegiate Middle School
5000 Truesdale Rd
Distance between this listing and this school2.64 miles
Public District Grades 6-8
Assigned Schools
7
/10
Baltimore City College
3220 The Alameda
Distance between this listing and this school0.30 miles
Public District Grades 9-12
1
/10
The Reach! Partnership School
2801 Saint Lo Dr
Distance between this listing and this school0.62 miles
Public District Grades 8-12
3
/10
Mergenthaler Vocational-Technical High School
3500 Hillen Rd
Distance between this listing and this school0.80 miles
The neighbors living near this home have an average income of $23,878. Typical income of Baltimore, MD residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1603 Gorsuch Ave
What is the listing price of this property?
The listing price of 1603 Gorsuch Ave property is $130,000.
What type of property is this?
The property 1603 Gorsuch Ave is a townhouse located in Baltimore, Maryland, 21218.
Is this property for sale now?
Active Listing: 1603 Gorsuch Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1603 Gorsuch Ave are: Stadium School: GreatSchools Rating 2/10Afya Public Charter School: GreatSchools Rating 4/10Vanguard Collegiate Middle School: GreatSchools Rating 3/10Baltimore City College: GreatSchools Rating 7/10The Reach! Partnership School: GreatSchools Rating 1/10Mergenthaler Vocational-Technical High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $401 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1603 Gorsuch Ave has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The sq. ft. of 1603 Gorsuch Ave is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 1603 Gorsuch Ave is 1940.
This home is located at 1603 Gorsuch Ave in Baltimore, MD and zip code 21218 in the Coldstream Homestead Montebello neighborhood. This home was built in 1940. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 03, 2023 and is currently priced at $130,000.
While more than 257 listings in Baltimore, MD in April 2024 were sold above asking price, there were more than 143 listings sold at asking price, and more than 198 were sold below. The number of listings in Baltimore, MD increased by 8.9% between March 2024 and April 2024. In April 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $220,000.
From Rocket Homes Real Estate and based on county public records data.