-Large free standing legal 2-unit dwelling with big flat back yard and two balconies.
-Near Morgan State University for great rental & appreciation stability
-Main level unit is 2 bed /1 bath with long term Section 8 tenant at $910/mth.
-Upper level is 2 bed /1 bath and is occupied at $1100/mth.
-Doing 15k refresh on upper level for tenant, including new kitchen, for increased rent of $1250/mth.
-Property features large bedrooms with lots of light & hardwood flooring.
-Tons of space that could be modified to 3br/1ba units in the future and rent for $1400/unit
*Not recommended immediately. Take current cash flow and reconfigure later*
-FHA approved.
Comparables:
-3208 Rosekemp Ave sold 06/21 for $278,500
-3207 Rosekemp Ave sold 01/21 for $280,000
-3306 Rosekemp Ave sold 08/21 for $279,900