Imagine living in the perfect home...and getting paid to do so!
This LOVELY Victorian Home was built in 1920, it is completely renovated and remodeled which makes it the perfect investment to add to your portfolio! There are 5 bedrooms, 3 bathrooms and a top floor penthouse suite complete with its own balcony, making it the perfect place for the live-in landlord! The home features all new appliances, a new furnace, central air, new gas line and all of the furniture placed by staging is being offered as well.
The property is located in West Baltimore, Maryland. It is right at the intersection of all of the major highways (95, 695, 195, 295) local Baltimore beltways (40, 70, 83, 29). It is 10 minutes from Baltimore Penn Station, 15 minutes from BWI airport and 7 minutes from the MARC commuter rails for the DC professionals. The state's best private schools, public and parochial schools are only a short distance away. And the nation's Social Security Administration offices (Woodlawn and Reisterstown Road locations) are both 10 minutes away and the FBI offices for the state of Maryland are also only 10 minutes away. This gives you a large pool of qualified, desirable and credit accountable renters or potential buyers should you choose to sell the property as its value continues to increase.
It is in an area where the state and big box commercial retailers have begun to invest handsomely and are continuing to do so! The property values and rental rates are up and because of the new investments to the local college, arts district revitalization and new retailers, they will continue to do so! Even if you begun by renting the remaining portion of the house at $1400-$1750 per month (which is low for this area and the house in general) the property would start to cash flow immediately. The house has all of the required city occupancy permits and all codes are up to date.
The time is now to invest in this area as once you have your property, your ROI will already be rising as others scramble to jump on board! Target, Home Depot, Ross, Marshall's, 2 Whole Foods locations, Lowe's, Walgreen's, Sam's Club, Harris Teeter, Office Depot, Staples, Safeway, Weis, are all within a 10-12 minute drive of this location. In 7 minutes one is downtown enjoying all of the attractions (O's games, Raven's games, Horseshoe Casino, Fells Point, Harbor East, Federal Hill, Johns Hopkins University, Charles Village and the Arts District) that Baltimore has to offer. Two areas hospitals, St.Agnes and Sinai are less than 10 minutes away. And within 20 minutes Columbia/Howard County, and within 45 minutes Annapolis/DC can be enjoyed as well!
Why pay 2 mortgages!? Purchase a property that is already renovated, move in and become an owner occupying landlord that ensures YOUR investment stays in good shape!
New Lower Asking Price of $165,900!! At this time there is no interest in Lease Purchases, Lease Options, Lease to Own Agreements. Cash Buyers Only. Email for additional!
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