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 βœ…
Tenant Occupied at $1707/mth and Section 8 program pays all but $110 of Rent πŸ’΅
-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.πŸ“ˆAlso 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