Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
1800
Sq.Footage
N/A
Attention Investors and Business Owners. John’s Hopkins adjacent C1 3 Unit Property. Business owners could work rent free as $1,900/m income exceeds an estimated $1,700/m mortgage payment. Investors who wish lease out the lower commercial space could generate a 15% cash on cash return. The building was completely renovated less than two years ago. Improvements include three separately metered AC and heat in all levels, a new roof, newly poured concrete pad and privacy fence. The upstairs 2BD apartment has a new kitchen with granite countertops and stainless steel appliances, a renovated bathroom, recessed lighting, exposed brick and new flooring throughout. It is rented for $1,450 a month. The main floor tenant is a retail apparel shop. The space was also renovated with exposed brick walls new flooring ceiling fan and improved fireplace mantle and a new half bathroom. It is rented for $450 a month. The lower level was also fully approved with new flooring, exposed brick walls new lighting and a new full bathroom. It’s perfect for many businesses and has a project and rent of $850 a month. Great uses for lower level tenant is coffee shop, salon, cell phone, office etc. Property is located in the busy Monument Street business corridor and is half a block from the John Hopkins Medical Campus. Property has great foot traffic from Hopkins Employes as well as the local community. Lease with the Option to Purchase is also available. Rare to find this renovated cash flowing asset in an excellent location with continued upside. Don’t miss out. Call to get more info today!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
Area & Lot
-
Lot Size(acres)
0.01
-
Property Type
Residential
-
Architectural Style
Colonial
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
Financial
-
Sales Price
$229,000
-
Tax Amount
441.0
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Dimitrios Lynch , ExecuHome Realty
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