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Presented by: George Howard Real Estate Inc.Powered by Highrises
For Sale

$688,000

400 Patterson Park Ave, Baltimore, MD 21231

  • 6Beds
  • 8Baths
  • 3172SqFt
  • 6Beds
  • 8Baths
  • 3172SqFt
  • Property Type
    Townhouse
  • Year Built
    1910
  • Price per Sqft
    $217
  • On highrises
    1 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
  • Presented by:
  • Corey Howard
  • state license#5012211

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Learn more about 400 Patterson Park Ave