Prime Investment Opportunity Discover the ultimate income-generating property, perfect for savvy investors! This multi-income opportunity features a 6,000 sq ft vacant building and a fully renovated, rent-ready 4-bedroom, 1-bath townhouse on the same lot. Zoned for three 3-bedroom, 1-bath units, the vacant building offers the chance to expand further with an additional unit pending a zoning variance approval. The beautifully updated townhouse is rent-ready, allowing investors to start earning immediate rental income while completing the development of the larger building. Once fully leased, this property has the potential to generate up to $8,000/month in rental income. Situated in the Saint Helena neighborhood of Baltimore, this property offers proximity to local amenities and strong tenant demand. With multiple revenue streams and incredible value-add potential, this is your chance to secure a high-performing investment in a growing area. Schedule your showing today to capitalize on this exceptional opportunity!
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 13, 2025. Live On Site Auction - Tuesday, January 14, 2025 at 11:00 AM. List price is opening bid only. 8 Dunmanway comprises a 2 story brick former school building at the corner of the Dundalk Village Shopping center in the Dundalk National Historic District of southeastern Baltimore County. The building is well positioned for a variety of commercial, residential or special purpose uses all within close proximity of the Ports of Baltimore, a number of very large employers, local parks and public transportation. The confluence of high density housing, retail businesses and special purpose uses in the immediate area further enhance the opportunities for redevelopment. The auction offers a chance to purchase a building in need of full rehabilitation with substantial upside potential.
Rarely available 3 unit property in Dundalk! This property has 3 units which are all 1 bedroom/1 bath. Top unit is currently vacant and is in need of some turnover repairs. The main level unit is rented for $875/month. The basement unit is rented for $850/month. Both tenants are good paying tenants, have current leases and plan to remain in the property. Ductless Split HVAC system was installed in 2020 providing central air! The occupied units have current lead safe certificates and all 3 units are properly licensed by Baltimore County.
Serious inquiries only. Showings available for buyers with proof-of-funds and an informal offer, only. Please do not request a showing without first providing this information. Multi-family 3-unit (triplex) rental property in great condition. Well maintained. All units have separate entrances. Brand new 75 gallon natural gas water heater. Natural gas forced air heat for the entire building, in addition to electric baseboard heaters in basement and second floor units. Each unit has its a washer and dryer. Consists of 2 - 2 bedroom, 1 bath units (avg. rent per unit $1,045-1,090/mo. w/ utilities included), 1 - 1 bedroom, 1 bath unit (currently rented for $900/mo. w/ utilities included) with long-term tenant. Fully occupied it grosses $3k+/mo. BG&E averages $260/mo. 100% occupancy as of February 2024. All with 1-year leases in place. All units are in good condition. The first and second floor units have been recently updated with fresh paint and flooring. All appliances are in good working condition. Brand new roof and gutters/downspouts installed last year. Limited Lead-free certificate (only requires bi-annual exterior inspection of painted surfaces; interior is 100% lead-free). 2-car parking pad located behind property across from alley and a large shed with potential for additional income if rented for storage. Low vacancy and rents easily. Professionally managed. Truly a turn-key rental property. Seller looking to upgrade to a commercial property. Serious inquiries only. Showings available for buyers with proof-of-funds and an informal offer, only.
The median home value in Dundalk, MD is $198,800. This is lower than the county median home value of $321,600. The national median home value is $338,100. The average price of homes sold in Dundalk, MD is $198,800. Approximately 57.5% of Dundalk homes are owned, compared to 34.61% rented, while 7.89% are vacant. Dundalk 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 Dundalk real estate agent to arrange a tour today!
Dundalk, Maryland 21222 has a population of 66,426. Dundalk 21222 is less family-centric than the surrounding county with 24.68% of the households containing married families with children. The county average for households married with children is 28.41%.
The median household income in Dundalk, Maryland 21222 is $58,203. The median household income for the surrounding county is $81,846 compared to the national median of $69,021. The median age of people living in Dundalk 21222 is 37.8 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 41.7 inches per year, with 14.8 inches of snow per year.