This beautifully renovated triplex in North East presents a rare investment opportunity. Located at 322 E. Cecil Ave., the property has been meticulously updated from top to bottom, including all major mechanical systems, appliances, utilities, and interior finishes. It is truly turnkey and ready for immediate occupancy or rental, featuring high-end, durable finishes such as tile and quartz, a brand-new, property-wide fire sprinkler system and a Maryland Lead-Free Certificate. The lower level consists of two separate units, each offering 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and living room. One of the lower units has been thoughtfully designed with accessibility features, including a step-free entry ramp, wider doorways, and 36-inch hallways. The upper unit, accessed by a private exterior rear staircase, features 4 bedrooms, 2 full bathrooms, a spacious eat-in kitchen, and a generous living room. Each unit is independently equipped with its own in-unit laundry, dedicated electrical meter/panel, and separate water heater and HVAC systems, providing convenience for tenants and simplified property management. Projected market rents are approximately $2,000 per month for each lower unit and $2,500 per month for the upper unit, generating an estimated gross monthly rental income of $6,500. Please contact the listing agent to learn more about available financing opportunities, including Debt Service Coverage Ratio (DSCR) loans and potential seller financing for qualified buyers.

Listing courtesy of Integrity Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.