$115,000
$120,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,270 SqFt
SOLD DATE : 09/30/2020
Key Details
Sold Price $115,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,270 sqft
Price per Sqft $90
Subdivision Gardenville
MLS Listing ID MDBA517158
Sold Date 09/30/20
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 870
Originating Board BRIGHT
Year Built 1954
Annual Tax Amount $2,342
Tax Year 2019
Lot Size 2,752 Sqft
Acres 0.06
Property Description
Newly renovated semi-detached townhouse rental with a fantastic tenant already in place. This turn-key rental is a perfect addition to any portfolio and cashflows over the 1% rule, used by many savvy investors. This renovation was completed for renting, so it was designed to be both beautiful and durable. The kitchen features granite countertops and stainless steel appliances, and the home has a modern color scheme and vinyl flooring throughout. Other renovated homes in the neighborhood are selling for as much as 135,000 so this home provides instant equity for the new owners. The rent is guaranteed and the property is professionally managed so this property will provide easy instant cashflow to the new buyer. The home is also certified limited lead-free. The sellers planned on keeping this property for the long-term, but COVID has caused changes in the lending and financial world and the sellers have chosen to sell several updated properties in order to increase cash reserves. Other similar homes are for sale if interested in a package deal. Contact listing agent with any additional questions
Location
State MD
County Baltimore City
Zoning R-5
Rooms
Basement Partially Finished, Rear Entrance, Interior Access
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Laundry Basement
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0327015864O079
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Private, Other
Listing Terms Cash, Private, Other
Financing Cash,Private,Other
Special Listing Condition Standard
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Bought with Adaora O Ichoku • Long & Foster Real Estate, Inc.