Auction Property. In Cooperation with Alex Cooper Auctioneers. List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding Thursday, February 6th & ends Tuesday, February 11, 2025 at 11:00AM. Here’s a fantastic opportunity to acquire a detached house with a separate detached garage, currently generating income from two tenants with active leases. The property holds a Baltimore City Rental Property License, permitting 1 Dwelling Unit, 3 Rooming Units, and 1 Other Unit, valid through April 30, 2026. This makes for a prime investment opportunity! Current Gross Monthly Rent: $3,200*Current Gross Annual Rent: $38,4008 *Tenant 1: Rent: $2,000/month Occupies the main, upper, and part of the lower level. This unit includes: • Upper level: 2 bedrooms, 2 full bathrooms • Main level: Entryway, living room, dining room, and kitchen • Lower level: Small kitchen, bedroom, and living area Tenant 2: Rent: $1,200/month Occupies the detached garage and a portion of the lower level, which includes: • Lower level: 1 room and a full bath • Detached garage: 2 garage doors and a regular door Location: Conveniently located near dining, shopping, schools, and recreational facilities. The property also offers easy access to major transportation routes including Belair Rd., Harford Rd., E. Northern Parkway, and E. Cold Spring Lane. Zoning: The property is zoned R-3, a residential district allowing up to 8.7 units per acre, according to the Baltimore City Department of Planning. This property is a promising income-generating asset in a well-connected area, perfect for investors looking to expand their portfolio!
Richiesta email a Coldwell Banker Realty
Immobiliare ID: 110096975138