Description
Investor Alert or Perfect Starter Home! At just $95,900, this turnkey 3-bedroom, 1.5-bathroom property offers a rare 15.3% current Gross ROI, with projections pushing it to a massive 18.7% Gross ROI! Keep it as a high-yield investment or move in yourself when the lease renews this July. The property features a rock-solid, reliable tenant who has been in place since 2016, currently paying $1,225/month with projections to increase to $1,500/month. There is already a property management company dealing with the property. Major capital expenses have already been taken care of for you. Recent upgrades include: Brand New Roof & Boiler New Kitchen Stove & Fresh Carpets Fully Renewed Bathroom (updated toilet, sink, flush, and beautiful new tiling) Brand New Smoke & Carbon Monoxide Detectors Whether you're looking to expand your portfolio with zero immediate headache or searching for an affordable, updated home to call your own, this is an unbeatable find. Schedule your tour today!
Details
| MLS # | MDBA2224534 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 78 |
| Listing Provided By | Berkshire Hathaway HomeServices Homesale Realty | Recep Gurgen |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,180 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.03 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1112 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21216 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $89,900 low | high Med: $360,000 sqft: 1,180 low | high Med: 1,100 $ / sqft: $76 low | high Med: $331 On site: 78 low | high Med: 177 | |
Market Activity 21216
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21216 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $89,900 low | high Med: $360,000 sqft: 1,180 low | high Med: 1,100 $ / sqft: $76 low | high Med: $331 On site: 78 low | high Med: 177 | |
