This listing is NOT a foreclosure. Discover an exceptional investment opportunity with this turn-key 2-unit duplex in the highly desirable verlea area of Baltimore. This property is ideal for both seasoned investors and those looking to house hack their way into real estate, offering the potential for strong cash flow of $3,000 or more per month.nnThe duplex features two well-appointed units, with Unit 1 currently vacant and previously rented for $1,500, making it primed for new tenants. Unit 2 is already generating income at $1,400 per month, with the potential for both rents to be raised. The steady tenant market in Overlea makes this an attractive option, allowing you to enjoy reliable passive income while benefiting from an appreciating asset surrounded by single-family homes selling for $350,000 to $400,000.nnRecent upgrades enhance the appeal of this property, including a brand-new roof installed in 2023, featuring 50-year asphalt shingles for long-lasting durability. Unit 1 was fully renovated in 2023, showcasing stylish vinyl flooring, modern stainless steel appliances, and elegant quartz countertops. Additionally, the main drain line was replaced in 2024, ensuring peace
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of mind for future maintenance. The heat pumps, approximately seven years old, have also been recently serviced, providing efficient climate control for your tenants.nnWith rental rates in the area remaining stable since 2023, theres ample potential for rent increases in the future. The property was appraised at $295,000 in 2023, underscoring its value in a thriving neighborhood. Dont miss your chance to seize this incredible opportunity before it hits the market!This MLS Resale home is a single family home located in BALTIMORE. It offers 0.17 acres in size, 4 beds and 2 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.
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Property Info
Property ID1039005272
MLS NumberMDBA2184914
Parcel Number27-04-5594 -006A
CountyBALTIMORE CITY
Bedrooms4
Bathrooms2.0
Living Area1560
Year Built01/01/1985
Property TypeSingle Family Home
Lot Size0.17 acres
Total Units1
BasementImproved Basement (Finished)
HeatingElectric, Forced Air
CoolingCentral A/C
Roof TypeComposition Shingle
Style42
rto financingtrio