3333 Alto Road Baltimore, MD 21216

$500,000
12
Beds
2.5
Baths
0.09
Acres
5,124
SQFT
98
$/SQFT
$500,000
12
Beds
2.5
Baths
5,124   sf
$98 / sf
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active
1/22
Street View

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

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

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Baltimore City
  • Tax Amount
    $7,309
  • Status
    Active
  • Listing #
    MDBA2120354
  • Built
    1930
  • Lot Size
    0.09
  • Listed on site
    204 days
  • Listing Agent Id
    801704513054

Listed by:
RE/MAX Advantage Realty

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Gas Utilities
  • Sewer

Exterior features

  • Has garage
  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Traditional
  • End Unit

Property History

DateDays AgoEventNew Price
Oct 16, 202420 days agoPrice decreased40,000 (7%)$500,000
Oct 3, 20241 mo agoPrice decreased100,000 (16%)$540,000
Jul 31, 20243 mos agoPrice decreased35,000 (5%)$640,000
Jul 9, 20244 mos agoPrice decreased25,000 (4%)$675,000
Jun 18, 20245 mos agoPrice decreased20,000 (3%)$700,000
Jun 6, 20245 mos agoPrice decreased20,000 (3%)$720,000
Apr 15, 20247 mos agoNew on market$740,000
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