9.5% Cap Rate – Section 8 Occupied on College Campus – Program pays 94% For Sale

  • $159,900
  • 3 beds
  • 1 baths

-Great 3 bed, 1 bath rental with all mechanical systems upgraded and inspected ✅
Tenant Occupied at $1707/mth and Section 8 program pays all but $110 of Rent 💵
-Walking distance to Baltimore City College & JHU campuses 🏫
-Quick bike ride to Morgan State University and Clifton Park Golf Course 🏫

Do absolutely nothing and start earning rental income on this one immediately, while enjoying healthy appreciation from the gentrification of the area.📈Also perfectly set up for an easy cosmetic flip later, should you choose to. There’s some really nice homes nearby, so flip comps are everywhere! 🏡

Price:
$159,900
Address:
1535 Abbotston St
Baltimore, MD 21218
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Row-house
Basement:
Unfinished
Const. Type:
Brick

Call (919) 675-2747 for more details

Property Location