Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1920
Sq.Footage
1,600
Incredible investment! Must Sell! Fully Rented - photos were taken prior to tenants moving in. Currently rented for $1,900/m and producing over a 30% Cash on Cash Return. This licensed, lead-certified and registered property is an ideal income-generating opportunity. Formerly a two-unit property, each level is rented as a rooming unit for $950/m. Upstairs has 2BD/1BA with a kitchen and a the main-level 1BD/1BA with a kitchen. Both tenant are on annual leases that run through September 2025 and are current on their rent. Tenant split utilities except for water which is included in the rent. All the hard work is done! The seller purchased the property in 2023, renovated the main floor, and made various improvements throughout. Now, it is fully leased and professionally managed. Offering approximately 1,600 sq. ft. of living space. The main floor features new flooring, a new kitchen, a new bathroom, updated appliances, fresh paint, and modern fixtures. The upstairs unit is in rentable condition with a huge front bedroom, large second bedroom, an updated bathroom, and a rear kitchen with a small deck/outdoor space. The property includes HVAC and a full basement for storage. Conveniently located two blocks from the Penn North Metro Stop and near Mondawmin Mall and Coppin State University, with easy access to I-83. Showings must be coordinated through the property management company. Don’t miss out! If you're looking for cash flow and equity, buy this property today! Priced to sell and offered as-is—firm price. Love it or leave it! Our 12-month "Buy it Back or Sell it for Free Guarantee" gives you peace of mind. Do you have a home to sell? Buy this home, and we will buy yours for cash!* Reach out today!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
Area & Lot
-
Property Type
Residential
-
Architectural Style
Federal
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
Financial
-
Sales Price
$119,900
-
Tax Amount
1038.0
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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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