3908 CLAREMONT ST Coming Soon

Baltimore,MD 21224

$ 130000

4 Beds

2 Baths

1040 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $125

Subdivision Highlandtown

MLS Listing ID MDBA2143840

Style Federal

Bedrooms 4

Full Baths 2

Year Built 1920

Annual Tax Amount $2,598

Tax Year 2024

Property Description

Turnkey Investor Opportunity in Highlandtown! One of ten properties that is being sold! Please read full remarks in regards to packaged sale of portfolio. Updated and rehabbed in 2013 to ensure low maintenance costs. Updated flooring throughout, updated kitchen and bathroom. Finished basement with 4th bedroom w/ egress window and walkout. Basement washer and dryer room! Central a/c and heat!

Tenants have been in place since 2020 with no increases in rent. Current rent $1300. Market rent $1500-$1600. ARV $135K-$159K. GR $15,600

Seller would prefer to sell all units together. All offers will be considered. Showings only available upon ratified contract.

Portfolio Sales Price $1,200,000.00
ARV $1,300,000.00
10 units / 11 doors
Gross scheduled income- $180,360.00
NOI- $120,664.04
Cap Rate 10.06

Portfolio Includes:
342 Imla st 21224 - 3bed/1bath - $145k
3718 E Lombard st 21224 - 3bed/1bath - $130k
3705 E Lombard st- 21224 Unit A - 2bed/1bath - $140k

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Central,Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank,Luxury Vinyl Tile

Equipment Stainless Steel Appliances,Dishwasher,Refrigerator,Washer,Dryer,Oven/Range - Gas

Laundry Basement,Dryer In Unit,Washer In Unit

Exterior

Utilities Available Cable TV

Waterfront N

Water Access N

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Special Listing Condition Standard

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