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Key Details
Sold Price $279,900
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,752 sqft
Price per Sqft $159
MLS Listing ID MDBA2138238
Sold Date 10/31/24
Style Traditional
Abv Grd Liv Area 1,452
Originating Board BRIGHT
Year Built 1949
Annual Tax Amount $3,745
Tax Year 2024
Lot Size 4,400 Sqft
Acres 0.1
Property Description
Fully-Occupied 2-Unit Rental Property! This property cashflows at an annual scheduled income of $28,968 (8%+ Cap Rate). Fantastic opportunity to acquire a recently-renovated (2021) rental property. Both units are 2BD/1BA floor plans with updated kitchen cabinets, formica countertops, energy efficient appliances and LVP flooring throughout. The basement is unfinished with tenant access to leased laundry (Washer and Dryer). Central A/C units are available in both units. Hot water heaters were replaced in 2018. Roof replaced in 2018. Unit 1 pays $1,174 + $40/mo in pet rent. Unit 2 pays $1,200. New Owner Has An Opportunity To Increase Rents To Market at $1,350. 1st floor unit will not be able to be viewed until signed contract. Submit all offers
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327565138A200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Nathaniel Brooks • Keller Williams Capital Properties
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