2801 e federal st, baltimore, MD 21213

This listing is NOT a foreclosure. 2801 East Federal Interiors:nThis East Baltimore Duplex includes two apartments with upgraded, low-maintnance finishes suited for rental use. Kitchens are equipped with granite countertops, wood shaker-style cabinets, 30 gas ranges, and stainless-steel sinks. The two-bedroom unit offers a half-bath on the main level and a full bath with a fiberglass tub and enclosure. The one-bedroom unit includes a full bath with a cast iron tub and ceramic tile tub surround. Each apartment has private in-unit laundry, a bonus amenity for tenants.nnUtilities:n2801 East Federal is separately metered for gas and electric, with no pesky public service bill for the landlord to manage. Tenants pay their own BGE bills, while the landlord covers water and sewer. Unit 1 is heated by a gas-fired boiler with radiators, and Unit 2 uses electric baseboard heat. A central 40-gallon gas-fired water heater, installed in 2022, supplies domestic hot water to both apartments. Observable plumbing includes copper, PEX, and steel supply lines, with PVC and PEX drain lines.nnWhats Special about Berea, Baltimore:nLocated just east of the Belair Road corridor and north of the old Nort...

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hern Central Railroad tracks, this East Baltimore Duplex sits in the residential Berea neighborhoodan area characterized by traditional brick rowhomes and long-established households. The property is a little over a mile from Clifton Park, where tenants can access passive green space, a lake, and walking paths for outdoor enjoyment. 2801 East Federal is Certified Lead-Free, offering added protection for tenants and easing compliance for landlords. With separate gas and electric meters, in-unit laundry, and no major capital expenses needed, this duplex offers an easy-to-manage addition to your rental portfolio.nnInvestment Summary:n$245,000n$122,500 Per Unitn$179 Per Sq. Ft.n7.8 Times Actual Rents (GRM)n7.5 Times Market Rents (GRM)n9.77% Cap Raten12.6% Projected Cash-on-Cash ReturnnnBoth units are leased through the Housing Choice Voucher Program, with 82% of rent paid directly by the subsidy provideroffering reliable, guaranteed income.This MLS Resale home is a townhouse or condo located in BALTIMORE. It offers in size, 3 beds and 4 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.