BALTIMORE rent to own home - a townhouse or condo (3 beds, 1 baths)

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: $145,440
Well-maintained 3BR / 1BA Baltimore City rowhome located just minutes from Morgan State University, offering immediate in-place rental incoe with long-term stability and future upside. The property has been tenant-occupied by the same resident for 13 years with a perfect payment history. The home was remodeled in 20132014 and features thoughtful updates and solid systems, including downstairs carpet replaced in 2024, hot water heater replaced in 2024, gas boiler heating system, and windows approximately 10 years old. Additional highlights include a dry basement, pitched roof with asphalt shingles, and one off-street parking space behind the property which will convey and is separately deeded. The property is Certified Lead Free by Leadtec Services, Inc., reducing compliance concerns for rental ownership. With modest cosmetic improvements, comparable resale values support an estimated after-repair value (ARV) of $215,000$225,000, making this a compelling opportunity for investors seeking both income stability and equity growth. Property to be sold AS-IS. Seller will make no repairs.nnAn excellent addition to a buy-and-hold portfolio in a strong Baltimore rental corridor near major...

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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Property Brokerage: Keller Williams Legacy

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