Here’s an opportunity to grab both sides of a large Multi-Family structure that’s already refreshed and is tenant occupied and cash flowing. While these are deeded as two separate parcels with two units in each, they are being offered together in one deal. Giving the buyer a great opportunity to grab and control a large multi-family structure in full, without having to worry about how a neighboring owner handles care and repair.
The home sits in the suburban northwest outside Baltimore City, walking distance from the historic 🏇Pimlico Horse Track, Home of the Preakness🐎 and the nationally high performing 👩⚕️Sinai Hospital🏥
Furthermore, this is being offered with No Doc Financing at 6.09% 🤩 and dramatically reduced closings costs, for seasoned investors. Bring your downpayment and jump straight into cashflow!
Each side consists of a larger two story residence, as well as a smaller one story residence, encompassing a total of 13 bedrooms and four baths across the full structure. The left side of the structure has already been refreshed and is tenant occupied at a combined $2600/mth rent, while the right side just underwent refresh as well and is awaiting city occupancy permit to get it tenant occupied thereafter.
Finally, when fully occupied, this structure can net an outstanding 11%+ Capitalization Rate. So we have the perfect 1-2-3 combination for your portfolio: Great Asset, Great Anchor Points, Great Income. 🎯💰
