Just south of Towson, this 4-bedroom 2-bath house has consistently been fully occupied and rented.
Totally renovated in 2006, the house has all new 200-Amp electric service with all new interior wiring, plumbing, kitchens and baths. It is 100% lead-free per MDE standards. Simple to maintain, the house has electric baseboard heat, electric water heater and electric range.
The property is located exactly 2 miles south of Towson University and 2 miles north of Loyola College along busy York Road. The property features a large gravel parking lot.
7.3 Gross Rent Multiplier
10.5% Cap Rate
19% Cash-on-cash return on investment