🔥MULTI-UNIT with COMMERCIAL SPACE at BALTIMORE MD🔥

Baltimore, MD, 21223 view full address
For Sale
Listed at: September 10th, 2024
Price
$340,000
ARV
$499,000
Gross Margin
$159,000
Sq. Footage
4800
Type
Multifamily
Parking
Assigned
Year build
1920
Lot size
0.05 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

Asking Price: $340,000 (Buyer pays all the Closing costs and Excise Tax) 

About Property: Introducing a 4,800 sq. ft. multi-unit building with commercial space, perfect for any investor looking to add a high-performing asset to their portfolio. This property is not only move-in ready but also delivers instant equity and steady passive income, with a total monthly rent of $3,075 from reliable tenants.

The residential units are finished with elegant Italian porcelain throughout, and the building has been fully updated with new electrical systems, gas lines, and a modern furnace, ensuring low maintenance and operational efficiency for years to come.

Located just steps from popular restaurants and beautiful parks, this property is situated in a highly desirable area that attracts both commercial and residential tenants, making it an ideal investment for long-term growth.

Whether you're an experienced investor or just expanding your portfolio, this property offers a fantastic opportunity for immediate cash flow and future appreciation. Don’t miss out on this chance to secure a solid investment with ready-to-go rental income!


Details of the property:   Please see below the information for the property.

Estimated repairs and details: 
New sink in 1 apt.
Paint interior in 1 apt.
New Flooring in 1 apt.
New baseboard in 1 apt
Estimated repairs: $10,000

Estimated ARV: $499K-$735K

Non-refundable EM Due from Buyer: $10,000

We'd like to encourage you to do a drive-by before requesting a one-time walk-through. Not unless you are already familiar with the neighborhood.

This is an Assignment  Contract deal. Let me know if you are interested in this or know anyone. 

Feel free to let me know if you have any further questions or interests.

Looking for a solid buyer ready to take action!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Khang Le

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