Presented by: George Howard Real Estate Inc.
$688,000
400 Patterson Park Ave, Baltimore, MD 21231
- 6Beds
- 8Baths
- 3172SqFt
- 6Beds
- 8Baths
- 3172SqFt
- Property TypeTownhouse
- Year Built1910
- Price per Sqft$217
- On highrises1 Day
Property Details
2-UNITS | 3 BEDROOMS, 3.5 BATHS PER UNIT!! MOTIVATED SELLER OPEN TO $120K DOWN AT CLOSING TO ASSUME EXISTING LOAN AT 8% INTEREST WITH A 5-YEAR BALLOON. STRONG INCOME POTENTIAL WITH PROJECTED GROSS RENTS OF APPROX. $9, 000/MONTH WHEN FULLY LEASED ($1, 500/ROOM). RECENTLY RENOVATED FROM TOP TO BOTTOM SELLER IS TAKING A LOSS, CREATING A UNIQUE OPPORTUNITY FOR INVESTORS TO ACQUIRE A HIGH-CASH-FLOW ASSET WITH MINIMAL CAPITAL OUTLAY. LOCATED JUST BLOCKS FROM JOHNS HOPKINS, ONE OF THE BEST AREAS OF BALTIMORE CITY, A PRIME AREA FOR CONSISTENT TENANT DEMAND. EACH BEDROOM FEATURES A PRIVATE FULL BATHROOM AN IDEAL SETUP FOR ROOMMATE RENTALS. EVERYTHING IS BRAND NEW SEPARATELY METERED - TRULY TURNKEY!!
Property Features
Bedrooms
- Bedrooms: 6
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Corey Howard
- state license#5012211
- Brokered by:
- George Howard Real Estate Inc.
- (301) 233-3180
