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407 N Collington Avenue

BALTIMORE, MD 21231
  • $235,000
  • STATUS: Active
  • ON SITE: 112 Days
  • ID#: MDBA2129930
UPDATED: 44 min ago
$235,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,410
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

Description

FINAL PRICE ADJUSTMENT 8.5% CAP RATE- Seller says if it doesn't sell then we'll just rent it. Charming Two-Unit Duplex " Ideal Investment Opportunity!Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den/second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1,100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds " comfortable living spaces and excellent income potential.Both units are separately metered for gas and electric and have separate entrances within a common foyer.Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-11T22:52:58.037.
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407 N Collington Avenue BALTIMORE, MD 21231

  • Price: $235,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 44 min ago
  • ID#: MDBA2129930
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,410
SQFT
$167
$/SQFT
1910
Built
Neighborhood:
Care
County:
Baltimore City
Elementary School:
Commodore John Rogers Elementary-Middle School
School District:
Baltimore City Public Schools
Property Description
FINAL PRICE ADJUSTMENT 8.5% CAP RATE- Seller says if it doesn't sell then we'll just rent it. Charming Two-Unit Duplex " Ideal Investment Opportunity!Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den/second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1,100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds " comfortable living spaces and excellent income potential.Both units are separately metered for gas and electric and have separate entrances within a common foyer.Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence.
Exterior Features

Architectural Style Traditional Construction Materials Brick Door Features Double Entry Exterior Features Fire Escape Garage YN No Parking Features Public Parking Types On Street Patio And Porch Features EnclosedPatio(s) Pool No Pool Property Condition GoodVery Good Roof FlatRubberTar/Gravel Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1410 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 705 Cooling None Fireplace YN No Flooring HardwoodLaminate Plank Heating 90% Forced Air Heating YN Yes Rooms Total 9 Security Features Carbon Monoxide Detector(s)Security GateWindow Grills Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Central Air YN No Cooling Fuel None Cross Street Orleans St Electric 120/240V100 Amp Service Foundation Details Brick/Mortar Gross Income 26400.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 1500.00 Maintenance Expense 528.00 Municipality Baltimore City Navigable Water YN N Net Operating Income 20000.00 New Construction YN No Number Of Units Leased 0 Number Of Units Total 2 Operating Expense 2155.00 Operating Expense Includes Insurance Original MLSNumber 803163383360 Owner Pays InsuranceTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3708.00 Tax Lot 004 Total Actual Rent 20000.00 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mile Utilities Electric AvailableNatural Gas AvailableWater AvailableSewer AvailableCable TV Available Vacation Rental YN No Water Source Public Zoning R-8

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-11T22:52:58.037.
 
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