Address: 7235 HOLABIRD AVENUE, DUNDALK, Maryland, US
Created date: April 18, 2024
Date last updated: April 18, 2024
Property Description
Update Property Description: Serious inquiries only. Showings available for buyers with
proof-of-funds and an informal offer, only. Please do not request a showing without first
providing this information. Multi-family 3-unit (triplex) rental property in great condition.
Well maintained. All units have separate entrances. Brand new 75 gallon natural gas water
heater. Natural gas forced air heat for the entire building, in addition to electric baseboard
heaters in basement and second floor units. Each unit has it's own washer and dryer.
Consists of 2 - 2 bedroom, 1 bath units (avg. rent per unit $1,045-1,090/mo. w/ utilities
included), 1 - 1 bedroom, 1 bath unit (currently rented for $900/mo. w/ utilities included) with
long-term tenant. Fully occupied it grosses $3k+/mo. BG&E averages $260/mo. 100%
occupancy as of February 2024. All with 1-year leases in place. All units are in good
condition. The first and second floor units have been recently updated with fresh paint and
flooring. All appliances are in good working condition. Brand new roof and
gutters/downspouts installed last year. Limited Lead-free certificate (only requires bi-annual
exterior inspection of painted surfaces; interior is 100% lead-free). 2-car parking pad
located behind property across from alley and a large shed with potential for additional
income if rented for storage. Low vacancy and rents easily. Professionally managed. Truly a
turn-key rental property. Seller looking to upgrade to a commercial property (via 1031
exchange). Serious inquiries only. Showings available for buyers with proof-of-funds and informal offer, only.