Section 8 pays $1095 of $1309 rental income. Property has been occupied by the same tenant since 2018 and the property is well overdue for a rental income increase as well.
Just like it’s newer renovated sister property on 937 W Lombard St , this three story, three bedroom row home is also near multiple major attractions. Within a mile you have the 🏥 University of Maryland Hospital Campus, ⚾️ Orioles Baseball Stadium, 🏈 Ravens Football Stadium, ⛳️ Top Golf, 🎰 Horseshoe Casino, 🏙 Downtown Baltimore & the historic ⛴ Inner Harbor.
🎯💰 Section 8 Occupied with equity + great location = an amazing buy and hold! 💰🎯
1st floor – Den, kitchen, Dining area and a half bathroom.
2nd floor – One bedroom and one full bath
3rd floor – Two more bedrooms
Basement – Partially finished
Renovated Sales Comparables:
49 S Arlington Ave – Listed for $275,000
42 S Poppleton St – Listed for $225,000
102 S Poppleton St – Sold 07/23 for $269,000
Rental Comparables:
937 W Lombard St – Rented for $1750
1138 W Lombard St – Rented for $1550
204 S Carey St – Rented for $1500
