227/229 North Brown Street
- - 2 unit, 2274 Square Foot Duplex consisting of Two, Three Bedroom/Three bath units & are rented for 2024/2025 school year.
- -Rental Income of $41,400 and NOI of $$31,093.47
- - Both units are in great condition with no deferred maintenance.
- -Tenants are responsible for all utilities & water/sewer.
- -The leases are designed to give the Landlord 12 days to turn the unit while rent is still being paid.
- -Buyers can tour the interior of the units with an agreed upon LOI.
Property Description
Investment Opportunity in a Strong Rental Market. No changes in asking rent for 3 years and current market rent is $75-$100 higher per bedroom.Broker Details
SVN | Miller Commercial Real Estate 410-543-2440
MLS ID: 3256030 State License Number: 36569
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $455,000 |
| No. of Units: | 2 |
| Average Occupancy: | 6.83 |
| Year Built: | 2009 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $227,500 |
| Property Website | Click Here |
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