Address: 710 N Fulton Ave, Baltimore, MD 21217, USA
Created date: July 23, 2024
Date last updated: July 23, 2024
Property Description
INVESTOR ALERT!!! INVESTOR ALERT!!!
Ready to Add this Investment Opportunity to your portfolio.
OR
For a savvy investor Occupy 1 unit and rent the rest. Good cash flow potential up to $24,600 in yearly income for the perfect buyer.
This spacious, TRIPLEX property is located in the Harlem Park neighborhood. Each unit is on its own floor and is separately metered. The first floor unit includes two bedrooms, a full bath, kitchen. The second floor unit includes two bedrooms, one full bath, kitchen. The third floor unit includes one bedrooms, a full bath, and kitchen. With New flooring throughout. This property is JUST MINUTES to the Upton Metro Station & Grace Medical Center in Close proximity to the West Baltimore Marc Train station and everything Downtown Baltimore has to offer.
It has Easy access to major traffic artery MD Route 1 (N Monroe St). Each unit has its own individual breaker & HVAC (3 furnaces, 3 water heaters, and 3 gas/electric meters). Property currently has a Rental License for 3 Units & Each unit is occupied with current tenants. Perfect OPPORTUNITY for a first time investor. FYI:: Lease expires on one unit July 2024, and another unit is currently month to month.
Please do not disturb the tenants
**** CAP RATE 16.9% ****
* Rental License good through - April 2026.
* Lead Inspection good through - August 2025.
Please do not disturb the tenant
Property Inspections are for informational purposes only.
Buyer must verify ground rent
For Showings please contact the listing agent Tiffany along with pre-approval