Seize an outstanding opportunity to acquire this cash-flowing, Section 8 tenant-occupied rental in a thriving Baltimore neighborhood. This property offers immediate income stability with significant potential for value appreciation through strategic upgrades, aligning with recent high comparable sales in the area. 📈
Key Investment Highlights ✨
- Immediate & Secure Cash Flow: Currently rented at an impressive $1,268/month, with the vast majority—$1,122/month—reliably paid by the Section 8 housing program. 🛡️ This opportunity is pulling an outstanding 10.10% Cap Rate and the tenant portion is a mere $146/month, ensuring consistent income for investors. 💸
- Significant Equity Potential: Comparable properties in the vicinity have recently sold for up to $286,000. For example, 2711 Ashland Ave recently sold for $199,000 (12/27/2024), and 2616 Ashland Ave sold for $210,000 (02/10/2025). This presents a tremendous opportunity for investors to upgrade and modernize the property, unlocking substantial equity upon exit. 💰
- Strategic Location: Nestled in a desirable Baltimore location, offering excellent connectivity and a promising future for appreciation. 📍
- Stable Rental Income: The Section 8 program provides unparalleled income security, minimizing vacancy risk and ensuring on-time payments, a cornerstone for any savvy investor’s portfolio. ✅
Why Invest Here? 🤔
Unmatched Security with Section 8 Income! 🌟 The majority of the rent is paid directly by the government program, insulating investors from typical market fluctuations and tenant payment risks. This guarantees stable, predictable cash flow, making it a cornerstone for a robust real estate portfolio. 🏦
Unlock Substantial Equity through Strategic Upgrades! 🛠️ The Baltimore real estate market around Ashland Avenue is demonstrating strong growth, with numerous properties recently achieving high sales figures. While 2627 Ashland Ave is currently a steady income producer, its true potential lies in a value-add strategy. By investing in calculated upgrades to match the standards of these higher-priced comparable sales, an astute investor can significantly increase the property’s market value, realizing substantial equity upon resale. 🚀💰
Prime Baltimore Location: A Hub for Growth and Stability! 🌳
- Transportation: Enjoy easy access to major transportation arteries, public transit, and proximity to downtown Baltimore, enhancing tenant desirability and future appreciation. 🚌
- Appreciation: The continuous revitalization and demand in Baltimore’s urban core suggest a strong upward trajectory for property values in this area, offering excellent long-term capital growth. ⬆️
- Stable Cash Flow: Beyond the Section 8 security, the consistent demand for rental properties in this well-connected area ensures sustained occupancy and reliable cash flow, a critical factor for any successful investment. ➡️➡️➡️
Don’t miss out on this exceptional opportunity to secure a high-performing asset with significant upside potential! 💎
