Open House Thursday, May 23rd from 5:00-7:00 pm. Offers, if any, due Friday, May 24th by 5:00pm.
Exciting Investment Opportunity in Baltimore!
Calling all investors or savvy homeowners looking to offset their mortgage payments – this ready-to-rent 3-unit property is a gem waiting to be discovered! With the option to live in one unit and have the other two units cover your mortgage, financial freedom is within reach. Plus, explore the 2-4 unit owner-occupied conventional or FHA loan program, sometimes requiring just 3.5-5% down payment for added convenience.
Unit breakdown: Unit 1: Charming 2 bedrooms, 1 bathroom. Unit 2: Cozy 2 bedrooms, 1 bathroom. Unit 3: Quaint 1 bedroom, 1 bathroom
Each unit is separately metered for hassle-free utility management. The entire property underwent a complete renovation in 2022, ensuring modern living spaces for tenants. Additionally, newer furnace and water heater systems in each unit provide peace of mind for long-term maintenance.
Situated on a spacious lot with a convenient parking pad at the back, this property offers both comfort and practicality. Adjacent to a daycare facility, the neighborhood is family-friendly and bustling with activity.
Location is key! Just minutes away from the Baltimore Zoo and Coppin State University, residents will enjoy easy access to entertainment and educational opportunities. Near the metro and major commute routes. Rental comps indicate strong potential, with projected income of $3,700 (excluding utilities), making this property a lucrative investment.
Don’t miss out on this fantastic opportunity to grow your real estate portfolio or secure a smart housing solution. Contact us today to schedule a viewing and make this property yours!