3BR/1.5BA rowhome, fully occupied with a paying tenant already in place, strong payment history. Lease runs through 5/31/27 at $1,909/month ($22,908/year), tenant-paid utilities — a 10.0% gross yield and confirmed 8.78% cap rate at the $229,000 list price, income starting day one with no vacancy gap.
Updated kitchen, updated flooring, and a finished lower level with a half bath — added functional living space beyond the main 3BR/1BA footprint. Large rear deck adds usable outdoor square footage, a plus for tenant retention at renewal.
Well-maintained unit with a reliable payment history. Priced for investors seeking stabilized income with room to reposition rents at future turnover.
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Listing Snapshot
Price
$229,000
Days On Site
67 Days
Bedrooms
3
Inside Area (SqFt)
1,024 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
N/A
Year Built
1954
MLS® Number
MDBA2224562
Status
Active
Property Tax
$2,202
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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