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!
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Listing Snapshot
Price
$89,900
Days On Site
74 Days
Bedrooms
3
Inside Area (SqFt)
1,180 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.03 Acres
Year Built
1920
MLS® Number
MDBA2224534
Status
Active
Property Tax
$1,112
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Price changed to $89,900
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Other
Levels
Two
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1180
SqFt Total
1740
Style
Other
Water Source
Public
Zoning
R-6
Interior Features
Appliances
Gas Water Heater
Basement
Partially Finished
Cooling
NoneGas
Heating
Natural GasRadiant
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
BALTIMORE CITY PUBLIC SCHOOLS
Schools
School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty
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