Investor Opportunity - Tenant-Occupied Property in Baltimore, MD 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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Floor Plan - Traditional
- Kitchen - Efficiency
Appliances
- Refrigerator
- Washer
- Stove
- Dryer
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 1022
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: BALTIMORE CITY PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 1024
- Source Listing Status: Active
- County: BALTIMORE CITY
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: BIDDLE STREET
- Postal Code Plus 4: 3754
- Subdivision: BIDDLE STREET
- Township: Baltimore City
Building and Construction
- Total Square Feet Living: 1350
- Year Built: 1905
- Above Grade Finished Area: 1250
- BelowGradeFinishedArea: 100
- Construction Materials: Brick
- Levels: 2
- Property Age: 120
- Levels or Stories: 2
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1350
- Total Below Grade Area: 100
- Architectural Style: Traditional