UPDATED:
12/21/2024 06:55 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $187
Subdivision Glenham - Belford
MLS Listing ID MDBA2150754
Style Cape Cod
Bedrooms 3
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,600
Originating Board BRIGHT
Year Built 1924
Annual Tax Amount $2,860
Tax Year 2023
Lot Size 8,773 Sqft
Acres 0.2
Property Description
This spacious 4-bedroom, 3-bathroom single-family home offers a wealth of features and incredible investment potential. Currently tenant-occupied with a total rental income of $3,200 per month, this property boasts a gross cap rate of 12.8% (before net operating expenses). With all leases set to expire within 90 days, buyers have the flexibility to take possession of the property vacant or renegotiate new lease terms to keep it as a lucrative addition to their portfolio. The home features a large main bedroom with an ensuite that includes a jacuzzi tub, a separate shower, and generous closet space. The basement is fully finished with two additional bedrooms, a full bathroom, and the potential for a second kitchen, making it ideal for extended family or additional rental income. Outdoor amenities include a large above-ground pool with an expansive deck for entertaining, a spacious garage (30x30 concrete pad) equipped with a vehicle lift, and electricity/lighting installed. There are also two additional parking pads in the front for added convenience. A smart security system with installed cameras provides peace of mind. Offered AS-IS, the seller will make no repairs. Whether you're an investor seeking a high-performing asset or a buyer looking for a versatile property to customize, this home is a must-see!
Location
State MD
County Baltimore City
Zoning R-3
Rooms
Basement Rear Entrance, Space For Rooms
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Central A/C
Heat Source Natural Gas
Exterior
Parking Features Oversized
Garage Spaces 4.0
Water Access N
Accessibility Other
Total Parking Spaces 4
Garage Y
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0327025762 007
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Negotiable, Private, Other
Horse Property N
Listing Terms Cash, Conventional, FHA, Negotiable, Private, Other
Financing Cash,Conventional,FHA,Negotiable,Private,Other
Special Listing Condition Standard
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