This large home located in the desirable Parkside neighborhood has two separate living spaces. Ideal for the owner occupant; live in one unit while renting the other(s) and still potentially have a positive cash flow after the mortgage is paid. Great for an investor seeking a positive cash flow, and equity growth. Conveniently located; with easy access to mass transit and highways. It's walking distance to the serene public spaces at Herring Run Park. It's fully rented, with a monthly income of $2400. The 1st unit has 2 BR 1 BA on two floors, that's currently rented as rooms. There's a large kitchen and a washer and dryer. It's fully occupied, and the tenants are on a month to month lease. The monthly income for this unit is $1550. The 2nd unit is a large 1 BR 1BA apartment that's occupied on a month to month tenancy. The tenant pays $850 per month. Most of the tenants are long-term, and some will like to stay if possible. There is off street parking at the rear of the property, with a parking pad that can accommodate 2 cars. The units are separately metered, and the property is registered and licensed with the Baltimore City DHCD. The property is in good condition, but is sold "As Is". It also comes with a Home Warranty. The property needs some updating, and it's reflected in the price. However, at this price you'll get a positive cash flow and equity. The seller is motivated. Bring all reasonable offers.
Courtesy of: RE/MAX Town Center Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 20th May, 2022 10:13 PM (UTC)
We thought you’d like to know how much your mortgage payment might be. Feel free to use the mortgage calculator to find out the estimated amount!