Charming Two-Unit Duplex – Ideal Investment Opportunity! 9.3% Cap Rate Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den/second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1,100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds – comfortable living spaces and excellent income potential. Both units are separately metered for gas and electric and have separate entrances within a common foyer. Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence.
CASH FLOW MACHINE! Phenomenal location literally next to Johns Hopkins medical campus. Remodeled into 3 private living spaces that are perfect for owner-occupant or investor. Easy to rent with strong rental demand from Hopkins med/grad students, researchers and nurses. Gross rents exceed $44k annually and net over $35k after expenses. Opportunity for rent increases given location and demand. Live in the property and have the tenants pay for the house. One off-street parking space reserved for property in the community parking lot. Seller has invested over $100k in permitted improvements since purchasing the home. Current zoning is C-2. Buyer to do due diligence about zoning codes. Potential grants up to $70k for 1st time home buyers. Call Song Hong, for more information. Property back on market due to buyer financing falling through & 2nd offer the buyer breached contract,not due to seller.
LOCATION couldn't be better! View and purchase this beautiful DUPLEX, end of group, in the Patterson Park Neighborhood. This unique property has two separate units, Front (F) and Rear (R), each comprising 3 bedrooms, 1 bath and 3 bedrooms 1.5 bath , respectively. One unit is tenanted, on a month to month basis. Here is an opportunity for a First time Home Buyer to live in one unit and rent the other, virtually living mortgage free. For the savvy investor, this will definitely add to your rental portfolio, but more importantly, can be rented out by rooms or for Bed and Breakfast accommodation in a well positioned area. The possibility is vast since the corner building can be converted into a business haven with vast possibilities. Each unit is self sufficient, with own entrance, dinning room, living room, kitchen, complete with refrigerator, stove and washer/dryer. The first unit has a basement for storage or additional living space. In terms of convenience, the property is located within walking distance to famous Patterson Park and Johns Hopkins University, as well as, easy access to public transportation, downtown, rtes 40, 1895 and 195. Don't miss out on this very special offer at a time when interest rate was just lowered. TWETY FOUR (24) HOUR NOTICE is required before viewing. and AGENT must accompany.
Just Reduced!!!Large muti-family 3 story brick building in need of renovation. Over 3400 SF. 3 Adjoining Lots. Addresses: 1630,1628,1626,1625 E. Baltimore Street. Great opportunity to Build a Condo / townhouse project. Or an Apartment building!! A solid investment for investors. This building once had 3 apartments on each floor. Front of building in process of being restored. Many areas around this building are being developed into villages of Townhomes, Condos, mixed use with commercial retail too. A visionary site for the right builder or rehabber. Sold As Is...
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21231 has a population of 592,211. Baltimore 21231 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21231 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21231 is 35.7 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.