Welcome to 141 E North Ave, an exceptional investment prospect nestled in the vibrant and revitalized Station North neighborhood of Baltimore, Maryland. Priced at $425,000 this multi-family building comprises three fully occupied units, currently yielding a total rent of $3,711 monthly, while presenting the promising opportunity to reach market rents of $4,185. Boasting immediate income potential, this property is strategically positioned in a thriving locale, just minutes away from the bustling downtown Baltimore area.
Don’t overlook the chance to seize this sound investment, characterized by stable occupancy rates and the promise of lucrative returns in a neighborhood on the rise
PRIME LOCATION: Situated in Baltimore, the property is close to MICA, Johns Hopkins, and Baltimore University guaranteeing a steady demand for rentals in the vicinity.
With easy access to Penn Station, local job markets, and the I-83 highway, it’s a prime location for convenience and connectivity.
IMMEDIATE ROI: With tenants already in place, this property offers immediate investment potential, ensuring a favorable return on investment from day one.
HOUSE HACK POTENTIAL: Possibility of house hack, living in one of the units and renting the other two. With this approach, the homeowner lives rent-free.
CONVENIENT ACCESSIBILITY: Situated on a high-traffic road, the property ensures easy access to major highways such as HWY 40, 83, and 2, enhancing both visibility and convenience for residents.
LUXURIOUS INTERIORS: All units feature wood flooring, white cabinets, granite counters, modern stainless steel kitchen appliances, HVAC and washer and dryer in the unit.
Property Type :
Multi-Family
County :
BALTIMORE CITY
Style :
Multi-Family
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ByOwner last updated this listing 04/29/2024 @ 07:06
MLS: MDBA2119072
LISTED BY: Menachem M. Dalfin , Midfield Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
