Property
Beds
1
Full Baths
None
1/2 Baths
None
Year Built
1941
Sq.Footage
1,260
**ATTENTION INVESTORS & OWNER-OCCUPANTS! EXCELLENT INCOME-PRODUCING OPPORTUNITY AT JUST $140,000!** Discover the investment potential of this two-unit property in Baltimore's desirable Parkside neighborhood! Currently generating **$2,070 in monthly rental income ($24,840 annually)**, with the potential to increase to **$2,670 monthly ($32,040 annually)** when fully occupied. At the current asking price, that's a potential gross rental yield of approximately 22.9%! **Unit 1** features 3 bedrooms and 1 full bathroom across two levels, currently rented by the room on month-to-month agreements, generating $1,050 monthly, with one additional room available for rental. **Unit 2** offers a spacious 1-bedroom, 1-bathroom apartment occupied by a long-term tenant paying $1,020 monthly. All existing tenants are on month-to-month agreements. Although they would prefer to remain, they have been given notice and are prepared to vacate, offering potential flexibility for investors and owner-occupants alike. Additional features include **off-street parking for two vehicles**, convenient access to major highways and public transportation, and proximity to the beautiful walking trails and recreational spaces of Herring Run Park. The property is in good overall condition but could benefit from updating, providing an opportunity to enhance its value and rental potential. **Offered strictly AS-IS and priced accordingly.** Whether you're looking to expand your rental portfolio or occupy one unit while generating income from the other, this property deserves your attention! **MOTIVATED SELLER! BRING ALL REASONABLE OFFERS!** Seller's preferred title company is Salazar Law & Title. Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
N/A
-
Above Grade Finished Area
1260.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Oil, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street, On Street, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,500
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Dwelling with Rental
Price
-
Sales Price
$140,000
-
Tax Amount
$2,575
-
Sq. Footage
1,260
-
Price/SqFt
$111
HOA
-
Association
N/A
-
Total Monthly Fees
true
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Septic Tank, Public Sewer
-
Tax Lot
028
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Adrian Bobb, Samson Properties
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Salesperson, Realtor
Kyle Colliflower
Call Kyle today to schedule a private showing.
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