Property Description:
Ideal investment property with happy tenants in place, currently yields an annual income of over $50,000+, with potential for substantial rental income growth in each of its five units. The property consists of two 2 one-bedroom units on lower level, 1- and 2-bedroom unit on main level and a 2 bedroom on 3rd level. There is a finished 4th level that could be converted to a 6th unit or add 2 additional bedrooms to the 3rd level until for additional income. Rents are low for the area, so increase possible. Each apartment has a private entrance, separate utilities, ample parking, and access to outdoor living in a fun environment. There is no central air conditioning and the heating system is via baseboards and radiators. Ther is a community laundry on lower level.
Conveniently located within minutes of Bus Routes, 695, BWI Airport, the Inner Harbor, & Old Ellicott City, this location offers the timeless appeal of urban living with a big backyard!
Prospective buyers will need to sign and return the NDA document to receive additional details.Please respect the owner’s need to qualify all prospective purchasers before establishing a site visit. Property information, pictures,income and expense, and mechanical systems detail are available for review. Timeframe to confirm appointments may be 48-72 hours. Restrictions apply, and advance notice is required. Please contact John Harman 240-383-0223 or email johnharmanjr@gmail.com.