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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

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Property Documents

  • City: Baltimore
  • State/county: Maryland
  • Neighborhood: Cedarcroft-Lake/Walker
  • Country: United States

Detail

Updated on May 14, 2019 at 7:52 pm

  • Property ID: York6205
  • Price: $155,000
  • Bathrooms: 2
  • Parking Spaces: 2
  • Year Built: 1921
  • Property Type: Single Family Home
  • Property Status: For Sale - COMP

Contact info

Ben Frederick
Ben Frederick

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