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Rarely Available 3 Unit

14xx W. Fayette St Baltimore, MD 21223

3 Units Fully Occupied (month to month leases)

Separately Metered. Tenants are paying. No lead certs.

Current Unit Breakdown:

Unit 1: 2BR/2BA - Rent $900/mo

Unit 2: 2BR/2BA- Rent $900/mo

Unit 3: 1BR/1BA- Rent $800/mo

Total Current Rent: $2600/mo

Market Rent: $1100+/mo per unit

Comparable: (Same block)

1421 W. Fayette St Baltimore, MD 21223

Sold for 180k 1/20/21

Price: 149k

XX s carey St Baltimore Md 21223

Price: 93k

This 4 BR 2 BA property is being rented out as rooms right now and 2 are occupied for $700 & $650

3XX N Grantley St Baltimore, MD 21229

This 2 BR  2BA is in very good condition.  The tenant has been in the property for years and wants to stay.  The Tenant  pays on time.  The owners pay for first $80mo of water bill and anything over that the tenant pays.  The basement also has another bedroom plus a full bath.  Looking for best offer and will present to owner Thursday April 22 at 5pm.

NEED POFs to SHOW.  Sold as is.

Video

https://www.dropbox.com/sh/463a3clil16sdi7/AAB_xsm5DDzcTyBl1o7OnHd5a?dl=0

RECENT SALES ACTIVITY

3507 W Mulberry SOLD 1/21 $132.5k

305 Allendale  SOLD 12/20  $95k

9XX S Curley St. Baltimore, MD 21224

3 Beds 3 Baths | 1,840 SQFT 

Finished Basement 

Direct Access to Top Deck

Property in great condition,

currently has tenants in place.

Monthly rent $2,300 PLUS

Utilities. 

Price $295k

Sold ARV Comps

908 S Curley St, Baltimore, MD 21224 - $450,500

814 S Curley St, Baltimore, MD 21224 - $418,000

9XX Whitmore Ave, Baltimore, MD 21216

Price $87k

3 beds 2 baths 1,200 sqft. Renting at $1100/Month to Month Lease

Details

The property is currently tenant occupied

Renting at $1100/Month to Month Lease

2528 W Lafayette Ave Baltimore 21216 $180,000

2513 Calverton Heights Ave Baltimore 21216 $170,000

2509 Calverton Heights Ave Baltimore 21216 189,000

2310 Calverton Heights Ave Baltimore 21216 153,000

ARV $175,000

Address: 25XX Wilkens Ave Baltimore MD 21223

3 Br 1 Bath property tenant occupied paying $900/month, tenant pays all utilities besides water bill . Lead cert in place no lease but tenant is willing to sign one before settlement.

26XX W Lafayette Baltimore, MD 21216

This 2BR/1BA w/parking pad is Occupied with tenant paying $1000/mo.  Tenant is paying on time.  Central air.

Price $79.9k

Address: 53XX Pennington St Baltimore MD 21226

Price: 39.9k

This Two Unit (Potentially Can Be Converted to a Three Unit) Detached Property in Brooklyn is a great opportunity! Originally the bottom floor was a bar which has been converted into a studio. Upstairs was set up residential, needs major rehab!

15XX Argyle Baltimore, MD 21217

Price $54k

3 BR 1.5 BA in decent condition.  Needs clean up for almost rent ready. End unit. Forced air furnace.

Taxes $626.

Excellent Recent Sales

26XX E. Biddle Street. 21213

This 3 BR 1 BA need a complete rehab. Most the houses in this area are 2 BRs and this is a 3BR.  Very rough condition. 

 Video

https://www.dropbox.com/sh/9b0dwfbf33gvcon/AAC9M2khMagd_eVjlAvwWMuya?dl=0

RECENT SALES ACTIVTY

2513 E Chase PENDING  $144.9k

2637 E Biddle SOLD 1/21 $155k

2718 E Chase SOLD 2/21 $110k

18XX East 28th St. Baltimore 21218

2 beds 1bath.  Most houses in the neighborhood are 3BR so they must have merged 2 BR's into one so that there is only 2BR's in the property.

Price: $ 39,900 

RECENT SALES ACTIVITY  

2803 The Alameda  under contract  $85k

5XX n Pulaski Baltimore MD 21223

Price: 29.9k

12XX N. Eden Street, Baltimore, MD 21213

Price: $69,900

5BR/3.5BA   3-Story Townhouse with basement

Oliver Neighborhood - comps on the street $250-289k+!

TITLE IS READY TO CLOSE ASAP.

Comps:

1232 N Eden Pending $249,000

2800 Blk Kennedy Ave., Baltimore, MD 21218

Price $26.9k

This three bedroom is in bad shape. Needs work dangerous to walk through.

RECENT SALES ACTIVITY

2822 The Alameda  SOLD 1/21 $109.9k

2803 The Alameda  PENDING  $85k

1805 E 29th St  SOLD 3/21 $150k

35XX Park Heights Ave, Baltimore, MD 21215

Price $49.9k

*must be able to close within 15 days

*$2500 non-refundable deposit payable to Curran Law

5BR 2BA

1600sqft, 3707 sq ft lot, back entrance parking

(right around the corner 3501 Reisterstown Rd Baltimore, MD 21215 sold for $199K in March 2021!!!!)

26xx Loyola Southway Baltimore MD 21215

Price: 39.9k

Rehab Opportunity available in hot 21215! Great fix and flip opportunity

2XXX Division St, Baltimore, MD 21217

3 bed 1 bath

WILL BE DELIVERED VACANT

Price: $43.5k

Recent MLS Sales:

1916 Druid Hill Ave 21217, $105,000

1114 Laurens St 21217, $77,143

2016 Brunt St 21217, $60,000

608 Collet St 21217, $55,001

7XX 18Th St NE, Washington, DC 20002

3 BED 1 BATH

Tax 970 SqFt - Act 1100 Sqft - 1,022 Sqft Lot

Basement: YES

Zoning: RF-1

Address: 15XX Richland St Baltimore MD 21217

Price: 29.9k

This 2 BR 1 Bath property is a detached home in rent ready condition once cleaned up! Great opportunity to own a house in 21217 about a 1 mile away from Druid Hill/Remington.

"IRVINGTON/ST JOSEPH” 21229

2XX COLLINS AVE; BALTO, MD 21229

3 BEDROOM/ 1 BATH SEMI-DET, 1,440 SF, 

RENTED $1,000, CAC, 

WILL BE DELIVERED VACANT, 

WILL NEED SOME WORK!

(Working on getting pictures)

Price: $63k 

RECENT SALES

4016 Massachusetts SOLD 2/21  $165k

4006 Massachusetts SOLD 3/21 $99.5k

248 S Loudon PENDING  $149.9k

16XX Moreland Ave Baltimore, MD 21216

Price 199.9k

Multi-Family 3 units BUY/HOLD

Multi-Family - 3 units ( 2-2bed/1bath + 1-1bed-1bath)

Estimated: 1700 SQFT + 850 SQFT Basement: Total 2,550 SQFT

All units have A/C- Built: 1920

Taxes: $802 (2019)

DETAILS

Occupancy: All 3 units are vacant now

Location: Near Coppin University Science Center Area

Condition: Property is in good condition just needs paint and clean

Utilities: All separate meters. Each unit has separate utilities and tenants pay for gas/electric, the landlord only pays for water.

Income last time fully occupied(rented below market value): Unit #1-2bed/1bath $875/ Unit #2-2bed/1bath $875/Unit #3-1bed/1bath $800= Total $2450/month or $29,400/year

Income projected based on current market values: Unit #1-2bed/1bath $1000/ Unit #2-2bed/1bath $1000/Unit #3-1bed/1bath $900= Total $2900/month or $34,800/year

Expenses: ~ $3,700/year

CAP RATE: Last 14% could go up to 17%

27xx mosher st Baltimore md 21216

Price: $79.9k

3BR 1 bath property

Address: 4XX N Castle St Baltimore MD 21231

Price: 124.9k

This property located in the 21231 is a great fix and flip opportunity or fix and rent! Hot Area! 2 BR 1 BA. With opportunity to add either an extra bedroom or bathroom!

Comps:

422 Castle St PENDING $225,000

2XX S Bruce St, Baltimore, MD, 21223 

Carrollton Ridge Area

Price: $22,000

Beds: 2

Baths: 1

Vacant

Giver her some love

Rent Potential: $900-1100/month

2XX Maxwell Ct, Churchville, MD 21028

Asking $340k or Best Offer

Property Details:

7 Bed 5 Bath

2822 Square Feet

Good shape

Finished basement 7’

Address: 6XX N Glover St Baltimore MD 21205

Price: 56k

This property is in the HOT 21205 zip code. 3 BR (with a walkthrough bedroom). Will need some minimal work to get into rent ready condition

Address: 19XX Lemmon St Baltimore MD 21223

Price: 34.9k

This 2 BR 1 Bath 

Address: 16XX Mckean Ave Baltimore MD 21217

Price: 39.9k

This property has had a major rehab started and it about 80% complete. Property will be sold as is including materials in the property! Permits to be transferred to new buyer.

Rent Ready Now

8 N Abington Ave  Baltimore, MD 21229

Price $69.9k

3BR 1.5BA in good condition.  Ready for your Renter. Two bedrooms upstairs and one in the basement that needs some finishing. Forced hot air furnace.

Nice kitchen, freshly painted.

Videos:

First floor

https://www.dropbox.com/sh/8emtesx9x7pynmt/AAA3d4H53s0_Bs1FqnzkybZha?dl=0

Second Floor

https://www.dropbox.com/sh/80p2gts86kqyx12/AACXRpaFKCGrp3tNh0QqNqoya?dl=0

Basement

https://www.dropbox.com/sh/whtgaist4esig16/AAAw2cOqF0dOL-xMC4Led1Pia?dl=0

RECENT SALES

102 N Hilton  SOLD 12/20  $154k

22N Abington SOLD 2/21  $160k

2XX S Durham St Baltimore, MD 21231  (listed)

This 1BR on an alley street is the cheapest property in the area.  The owners have owned it as a rental for 20 years and have had no trouble renting it out for $1200-$1300mo.  Close to John Hopkins and Fells Point. Seller will give a $5k credit to buyer. Price $119.9k

RECENT SALES

232 S Chapel  1BR  SOLD 11/20  $143k