UPDATED:
10/20/2024 04:32 PM
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $116
Subdivision Highlandtown
MLS Listing ID MDBA2143860
Style Traditional
Abv Grd Liv Area 1,120
Originating Board BRIGHT
Year Built 1904
Annual Tax Amount $2,088
Tax Year 2024
Lot Size 700 Sqft
Acres 0.02
Property Description
Tenants have been in place since 2021 with no increases in rent. Current rent $1360. Markert rent $1500-$1600. ARV $135K-$140K. GR $16,320
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
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank, Luxury Vinyl Tile, Carpet
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0326156278 039
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
GET MORE INFORMATION
Joseph Lam
Broker Associate | License ID: 0682262
Broker Associate License ID: 0682262
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