• Price: $575,000
  • Rooms: 4 bed(s) 4 bath(s)
  • Home Area: 2,440 sqft
  • Year: 1918
  • Property ID: 5881911
  • Listing Agent: Jamie Koehler
  • Listing Company: Cummings & Co. Realtors
  • Phone: 410-675-1550
  • MLS Number: MDBA2126150
  • Posted On: May 23, 2024
  • Updated On: Jun 26, 2024

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Cheap House Description

Rarely does an incredible opportunity like this come along! This meticulously maintained four-unit property is located in the heart of vibrant Charles Village in Baltimore City and provides a ‘house hacking’ opportunity to live in one unit while collecting rents on the others! Three of the four units are presently rented and all rents are being paid timely. Rent out the fourth unit to enjoy a stable investment property with steady income and low maintenance, or move in and use the rental income to offset your monthly mortgage! Two one-bedroom units (the main level and basement) currently generate $1,010 and $875 respectively in monthly rents. The studio apartment (on the top level) currently generates $825 in monthly rent. A total of $2,710 in monthly rent already secured! Easily rent the two-bedroom apartment or, savor this outstanding apartment yourself – it features abundant natural light throughout, hardwood floors, a renovated kitchen with stylish countertops, a breakfast bar, stainless steel appliances, modern bathroom, two spacious bedrooms, private access to a second floor balcony deck, and a private, covered rear screened balcony porch! There’s 2-car parking in the back that’s currently part of the lease for the main level. There are coin-operated laundry facilities on the basement level, accessible by all. The property is deemed a “walker’s paradise” and boasts an incredible walk score of 93 out of 100, and a bike score of 82 out of 100, which is no surprise with its prime location just one block to Medstar Union Memorial Hospital, four blocks to the prestigious Johns Hopkins University, six blocks to the Baltimore Museum of Art, 8 blocks to a Giant Grocery store, and within walking distance to countless coffee shops, stores, and restaurants! Located just 3.4 miles directly north of Baltimore’s Inner Harbor, a trip downtown is a breeze! Just 1.3 miles to I-83 provides an easy exit from the City. With its enviable location, current monthly rents, updated heating system in 2022, improved front balcony porch in 2023, a brand new roof installed in 2024, low maintenance, written leases, and valid lead certificates, this opportunity could not be more perfect! Do not hesitate to make a move; this property will not be available for long!

Listing Status: Active

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Original Listing

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