2744, Maryland Avenue, Charles Village, Baltimore, Maryland, 21218, United States of America
Invest in the Charles Village rental market at an affordable entry point, or add this home-run property to your existing portfolio! FHA buyers: ask about your cash-on-cash return for owner-occupant financing!
2744 Maryland Ave. contains one 1-bedroom, 2-bath apartment, and one 2-bedroom, 2-bath apartment, With a charming front porch, tile bathrooms and kitchens, in-suite laundry, and central heat and a/c, these apartments are sure to be a breeze to rent. Both units have been freshly cleaned and painted and are ready for move-in!
An investor can appreciate the durable systems the owner has installed. The building has vinyl replacement windows, c-pvc plumbing, copper water main installed in 2010, and electrical upgrades circa 2006. The finished basement gives additional space for first floor apartment; and rear parking can generate added rental income.
Located directly on the Maryland Avenue Cycle Track, within walking distance to Johns Hopkins Homewood campus, and close to bus routes and I-83, these apartments are appealing to commuters. 2744 Maryland Ave has a WalkScore of 85, a TransitScore of 63, and a Bike Score of 89.
Make an appointment to tour this building today!
Investment Summary: $249,000 $124,500 Per Unit $148 Per Sq. Ft. 8.1 Times Market Rent (GRM) 7.66% Cap Rate 11.2% Projected Cash-on-Cash Return
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