6205 York Rd: 4-Bedroom College Rental House

6205 York Rd:  4-Bedroom College Rental House

6205 York Rd: 4-Bedroom College Rental House

SOLD COMP

Property ID :

 None

Added to Favorite

Favorite

Print

Description

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.

INVESTMENT SUMMARY:
$174,900   Investment
7.3   Gross Rent Multiplier
10.5% Cap Rate
19% Cash-on-cash return on investment

Click the Image Above for a Virtual Tour!