This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $62,298
Investor Opportunity Tenant-Occupied Property in Baltimore, MDnExcellent investment opportunity with this 1,409 sq. ft. home featuring 3 berooms and 1 bathroom. The property is currently tenant-occupied on a month-to-month lease, providing immediate rental income and flexibility for the next owner.nnThe home is equipped with essential appliances including a refrigerator, stove/oven, and washer/dryer, making it a practical rental option for continued occupancy. Current rent is $1,500 per month ($18,000 annually), delivering an estimated 14.4% cap rate at the list price of $125,000. With market rent potential of $1,600 per month ($19,200 annually), the property offers the possibility of achieving a cap rate of approximately 15.4%.nnWhether youre expanding your portfolio or seeking your first investment property, this is a turnkey opportunity with proven income and attractive ROI. Contact me today for more information.This rent to own home is a multi family property located in BALTIMORE. It offers 0.02 acres in size, 3 beds and 1 baths. Review its detailed information and determine if this BALTIMORE rent to own has the qualities you are looking for.
Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
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