SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY!
2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income.
At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses.
Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio.
Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer.
Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.
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Listing Snapshot
Price
$255,000
Days On Site
25 Days
Bedrooms
3
Inside Area (SqFt)
3,655 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1900
MLS Number
MDBA2231972
Status
Active
Property Tax
$4,611
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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Recent Activity
a week ago
Listing updated with changes from the MLS
4 weeks ago
Listing first seen on site
General Features
Acres
0.03
Foundation
BlockBrick/Mortar
Levels
Two
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Short Sale
SqFt Above
3655
SqFt Total
5475
Style
Traditional
Water Source
Public
Zoning
R-8
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Cooling
Ceiling Fan(s)Electric
Heating
Natural Gas
Main Level Bedrooms
2
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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 Weichert, Realtors - Integrity Home Team
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