3211 batavia ave, baltimore, MD 21214

This listing is NOT a foreclosure. $8,603 Monthly NOI with Tenant in Place Through August 2030!nnRare opportunity to acquire a renovated inome-producing property with a long-term lease already in place. The current tenant is secured through August 31, 2030, providing immediate cash flow and operational continuity from day one.nnUnlike many residential investments, the tenant is responsible for utilities, maintenance, and replacement of major building systems, including HVAC and water heating equipment. This structure reduces owner involvement, limits capital expenditure exposure, and creates a more passive ownership experience than typical residential rental property.nnRenovated in 2024, the 3,805-square-foot building is configured across nine bedrooms and features durable finishes designed for high-occupancy use. Improvements include a modern kitchen with granite and laminate countertops, wood cabinetry, multiple refrigerators, gas cooking, updated baths, laminate flooring, chairlifts, an ADA-accessible entry ramp, and a full sprinkler system.nnMechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted heat ...

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pump with independent thermostat, a 50-gallon electric water heater, and updated C-PVC and PVC plumbing.nnLocated in the owner-occupied Hamilton-Waltherson neighborhood, just off Harford Road, the property offers convenient access to I-95, I-695, Downtown Baltimore, and numerous employment centers throughout the region.nnInvestment Summaryn $1,100,000 Purchase Pricen $103,237 Current NOIn $8,603 Monthly NOIn 9.39% Cap Raten12.0% Projected Cash-on-Cash Returnn Tenant in Place Through 8/31/2030This MLS Resale home is a single family home located in BALTIMORE. It offers 0.53 acres in size, 9 beds and 3 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.