Average square foot calculated using Size range provided by listing agent.
Description
Investor Opportunity – Tenant-Occupied Property in Baltimore, MD Excellent investment opportunity with this 1, 409 sq. Ft. Home featuring 3 bedrooms and 1 bathroom. The property is currently tenant-occupied on a month-to-month lease, providing immediate rental income and flexibility for the next owner. The home is equipped with essential appliances including a refrigerator, stove/oven, and washer/dryer, making it a practical rental option for continued occupancy. Current rent is $1, 500 per month ($18, 000 annually), delivering an estimated 14.4% cap rate at the list price of $125, 000. With market rent potential of $1, 600 per month ($19, 200 annually), the property offers the possibility of achieving a cap rate of approximately 15.4%. Whether you’re expanding your portfolio or seeking your first investment property, this is a turnkey opportunity with proven income and attractive ROI. Contact me today for more information.Show Description
MLS® NumberMDBA2184702
Laundry LevelWasher In Unit, Dryer In Unit
Central VacNo
FireplaceNo
Acreage0.02
Exterior
GarageNo
Approx. Age1905
BasementOther, Partially Finished
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric
Heating Fuel
Extras
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