Freshly renovated 5br Campus Rental – 18% ROI Sold

  • $119900
  • 5 beds
  • 2 baths
Price:
$119900
Address:
537 Chateau Ave
Baltimore, MD 21212
Bedrooms:
5
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Basement:
Fully finished

Additional Features

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Hi Friend,

Summertime is hereand it's a great time to revisit your rental portfolio! So today we've got a fresh new renovation that's just coming out of our production line, sitting in one of our favorite neighborhoods for your consideration. You'll see just down the street we've got Johns Hopkins, Loyola, Notre Dame, St. Elizabeth, Waverly Elementary, Baltimore City College and Morgan State Campuses. So put simply, this is the right place to own a rental property.

This five bedroom & two bathroom home with a finished basement has just been renovated from top to bottom and we anticipate having a new tenant in place by the time you can close on it, for immediate & worry free cash flow. Note the gorgeous butcher's block kitchen island that matches the flooring, granite counters, new stainless appliances and more. Truly a gorgeous little rental!

Looking forward to answering your questions!      -Cris
919-675-CRIS

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537 Chateau Ave, Baltimore, MD

537 Chateau Ave, Baltimore, MD 21212
5br/2ba
ROI: 17.62%

Income Analysis
Listing Price: $119,900
Rental income: $1600/mo
Current Annual Taxes: $1921
Estimated Annual Insurance: $600
Estimated Annual Maintenance Costs: $1,600
** This estimate is based on any potential repairs the property may need over the course of a year. In our experience, this number is typically lower, but we always estimate on the high side.
Annual Property Management: $1,920
**The fee is 10% of the monthly rent.
Annual Net Rental Income: $19,200
Annual Cumulative Hard Costs: $6,041
Adjusted Gross Annual Income: $13,159
5 Year Return: $65,795
10 Year Return: $131,590

Renovated Comps:
722 McCabe Ave - sold 01/19 for $135k
515 Winston Ave - for sale for $146k
514 Winston Ave - sold 04/18 for $134k
 

Property and Area Photos





















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More About Radnor-Winston Community
Radnor-Winston ZIP codes: 21212
 
Radnor Winston is a friendly, affordable and diverse neighborhood tucked behind the campuses of Loyola College and The College of Notre Dame. Radnor-Winston has been a historic district on the National Register of Historic Places since 2003. The Radnor Winston Improvement Association is an active volunteer organization with a long history of activism on local issues of concern. Radnor Winston is one of a number of early suburban communities developed along the York Road street car line in the early decades of the 20th century, built on land where there had previously been a number of large country estates. The Radnor-Winston Improvement Association was formed in 1958.
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Other Questions? Call Me!

Call (919) 675-2747 for more details

Property Location