This listing is NOT a foreclosure. Turnkey Investment - 10.3% Gross Yield / 8.95% Cap Rate, Occupied, Zero Work Requirednn3BR/1BA rowhome i a stable rental pocket, fully occupied with a paying tenant already in place. Lease runs through 10/31/26 at $1,959/month ($23,508/year), tenant-paid utilities - that's a 10.3% gross yield and a confirmed 8.95% cap rate at the $229,000 list price, with income starting day one and no vacancy gap.nnUpdated kitchen with granite counters, updated flooring throughout. Finished lower level offers legal 4th-bedroom conversion potential for a rent bump at next turnover. Large rear yard adds tenant appeal and retention value.nnWell-maintained unit, responsive tenant history, low-turnover rental corridor. Priced for investors who want income now and upside later - not a renovation project, not a flip.This MLS Resale home is a townhouse or condo located in BALTIMORE. It offers 2014.00 sq. ft. in size, 3 beds and 1 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.
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 ID1101278928
Parcel Number27-44-5267E-028
CountyBALTIMORE CITY
Bedrooms3
Bathrooms1.0
Living Area (sqft)1,520
Price/sqft$150
Year Built01/01/1944
Property TypeTownhouse or Condo
Lot Size2014.00 sq. ft.
Stories2
Total Units1
BasementImproved Basement (Finished)
HeatingForced air unit
CoolingYes
Roof TypeBuilt-up
Style35
Exterior WallsBrick
ZoningR-5
rto financingtrio
Property Brokerage:
Cummings & Co. Realtors