UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $92
Subdivision Biddle Street
MLS Listing ID MDBA2184702
Style Traditional
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,250
Year Built 1905
Annual Tax Amount $1,024
Tax Year 2024
Lot Size 1,022 Sqft
Acres 0.02
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Excellent investment opportunity with this 1,409 sq. ft. home featuring 3 bedrooms and 1 bathroom. The property is currently tenant-occupied on a month-to-month lease, providing immediate rental income and flexibility for the next owner.
The home is equipped with essential appliances including a refrigerator, stove/oven, and washer/dryer, making it a practical rental option for continued occupancy. Current rent is $1,500 per month ($18,000 annually), delivering an estimated 14.4% cap rate at the list price of $125,000. With market rent potential of $1,600 per month ($19,200 annually), the property offers the possibility of achieving a cap rate of approximately 15.4%.
Whether you're expanding your portfolio or seeking your first investment property, this is a turnkey opportunity with proven income and attractive ROI. Contact me today for more information.
Location
State MD
County Baltimore City
Zoning R-8
Direction East
Rooms
Basement Other, Partially Finished
Interior
Interior Features Floor Plan - Traditional, Kitchen - Efficiency
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Concrete, Carpet, Laminated
Equipment Refrigerator, Washer, Stove, Dryer
Furnishings No
Fireplace N
Window Features Vinyl Clad
Appliance Refrigerator, Washer, Stove, Dryer
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Exterior Feature Porch(es)
Utilities Available Electric Available, Cable TV Available, Natural Gas Available, Phone Available
Water Access N
Roof Type Flat
Accessibility None
Porch Porch(es)
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 1250
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Baltimore City Public Schools
Others
Pets Allowed N
Senior Community No
Tax ID 0308221556 049
Ownership Fee Simple
SqFt Source 1350
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
The J Walden Home Group
Phone