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Description

Great Investment Opportunity – super easy to rent and manage 4 One-Bedroom Apartments with a welcoming covered front porch just 3 blocks from Johns Hopkins University.  All kitchens and baths have been updated, brand new modified rubber roof, vinyl windows, 400-Amp circuit breaker electric service.

This is the often-photographed, famous block of Charles Village with iconic “Painted Ladies”.

Fully licensed and zoned as 4 dwelling units.

Rents average $825 per month; offering significant potential to raise rents in increasing cash flow.

INVESTMENT SUMMARY:
$340,000   Purchase Price
$  85,000    Per Unit
8.6    GRM
8.3   Cap Rate
12%   Cash Flow

  • Address: 3006 Guilford Ave
  • City: Baltimore
  • State/county: Maryland
  • Neighborhood: Charles Village
  • Country: United States

Detail

Updated on April 18, 2019 at 5:34 pm

  • Price: $340,000
  • Units: 4
  • Property Type: Apartment Building - Townhouse
  • Property Status: For Sale - COMP

Contact info

Ben Frederick Realty
Ben Frederick Realty

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