942 n broadway, baltimore, MD 21205

This listing is NOT a foreclosure. Executive SummarynFully renovated, stabilized income-producing property configured as five private bedrom suitesnwith five full baths and one half bath. The property is 100% occupied with newly signed one-yearnleases and has a proven operating history serving Johns Hopkins students and healthcarenprofessionals.nProperty Highlightsn Approx. 2,4002,500+ SFn 5 Bedrooms / 5 Full Baths / 1 Half Bathn Dual HVAC systemsn Two laundry roomsn New plumbing, electrical, HVACn Excellent conditionn Fully occupiednRent RollnFour rooms at $950/month and one room at $875/month. Gross monthly income: approximatelyn$4,675. Gross annual income: approximately $56,100.nOperating SummarynOwner-paid utilities are approximately $700/month. Home warranty approximately $75/month. NonHOA. Mortgage approximately $1,800/month (includes escrow; mortgage is not used in NOInvaluation).nInvestment ThesisnThe property is best marketed as a turnkey, cash-flowing investment rather than a traditionalnsingle-family residence. Fresh leases, multiple income streams, and proximity to Johns Hopkinsndistinguish it from many nearby properties.nValuation DiscussionnResidential comparable sa...

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les and the income approach should both be considered. Thenappropriate asking price should ultimately be supported by verified comparable sales, legal rentalnconfiguration, and documented operating income.nMarketing StrategynTarget investor buyers seeking immediate cash flow, student housing, healthcare-worker housing,nor long-term hold opportunities. Emphasize occupancy, renovation quality, and operational history.nNext StepsnThis memorandum is a preliminary package. A final broker-quality offering memorandum shouldnincorporate current comparable sales, neighborhood maps, charts, verified operating statements,nand professional photography.nCurrent Rent RollnRoomnMonthly Rentn1-$950n2-$950n3-$950n4-$950n5-$875nTotaln$4,67nTurn Key Home, furniture included.This MLS Resale home is a multi family property located in BALTIMORE. It offers 0.02 acres in size, 5 beds and 5 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.