5917 CHINQUAPIN PARKWAY

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Address: 5917 Chinquapin Pkwy, Baltimore, MD 21239, USA
Created date: September 4, 2024
Date last updated: September 11, 2024

Property Description

Fully-Occupied 2-Unit Rental Property! This property cashflows at an annual scheduled income of $28,968 (8%+ Cap Rate). Fantastic opportunity to acquire a recently-renovated (2021) rental property. Both units are 2BD/1BA floor plans with updated kitchen cabinets, formica countertops, energy efficient appliances and LVP flooring throughout. The basement is unfinished with tenant access to leased laundry (Washer and Dryer). Central A/C units are available in both units. Hot water heaters were replaced in 2018. Roof replaced in 2018. Unit 1 pays $1,174 + $40/mo in pet rent. Unit 2 pays $1,200. New Owner Has An Opportunity To Increase Rents To Market at $1,350.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $279,900
No. of Units: 2
Year Built: 1949
Lot Size: 1,752.00 Sq ft
Opportunity Zone: No
Price per unit: $139,950
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 5917 Chinquapin Pkwy, Baltimore, MD 21239, USA
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