317, East 33rd Street, Abell, Baltimore, Maryland, 21218, USA
This 1552 square foot brick townhouse contains 3 large bedrooms plus a large living room, kitchen with island, separate dining room, covered front porch, and a full basement providing plenty of living space for the tenants.
The kitchen is updated with solid wood cabinets and laminate counters, and durable slate floor with stainless steel appliances including dishwasher. Clothes washer/dryer in basement.
2 full bathrooms, each with a modern vanity; second floor has an original clawfoot tub. Updated half bath on the first floor gives a bathroom on each of the three floors.
The living areas have original (refinished) hardwood floors and crown molding. A decorative fireplace in the dining room adds to the historic charm of this home.
The property has a proper lead inspection certificate and has passed the new Baltimore City rental licensing inspection.
Located just 2 blocks from the Charles Village Shopping District, with its Chipotle, Starbucks, Barnes and Noble Bookstore, Eddie’s supermarket, CVS Pharmacy and Bank of America make this a super convenient location. The Saturday Waverly Famer’s Market is a short 1 block walk. Johns Hopkins University Homewood Campus is a short 3 blocks away while Union Memorial Hospital is across the street.
Currently rented for $2,350 per month, through May 31, 2020. Close proximity to Hopkins University ensures that this building leases easily for top-market rents. Priced at a reasonable $260,000, this valuable asset is sure to sell soon!
$168 per square foot
9.2 times gross annual rent
8.4% cap rate
12.6% cash-on-cash return on investment
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
Owning a home is a keystone of wealth… both financial affluence and emotional security.Suze Orman