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Key Details
Sold Price $131,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,252 sqft
Price per Sqft $104
Subdivision Ellwood Park
MLS Listing ID MDBA2089016
Sold Date 08/04/23
Style Federal
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,252
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $944
Tax Year 2022
Property Description
Introducing 518 N Ellwood Ave, Baltimore, MD 21205—a hidden gem that holds immense potential for investors and those seeking immediate rental income. This extraordinary property offers an unbeatable opportunity to earn an impressive Est annual passive income of $19,500 while providing tenants with a delightful living experience.
Situated in a prime location, near Route 40 and Interstate 895, this home has been updated and is fully prepared to generate income from the moment you acquire it. With its turnkey status, you can start earning a fantastic passive income right away. The owner has gone above and beyond to ensure a hassle-free experience for both landlords and tenants, allowing you to enjoy the benefits of investing without any unnecessary stress.
For first-time buyers who have always dreamed of owning their own home, this property presents an exciting opportunity. It provides a warm and inviting space that you can proudly call your own, allowing you to experience the joys of homeownership, build equity, and create lasting memories. With a mortgage payment lower than what you would pay in rent, this is the perfect chance to turn your dreams into a reality.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Federal
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0307181661 027
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Evan Kundrat • Keller Williams Flagship of Maryland