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Cathi Powell

cpowell@mdhomelife.com +1(410) 419-5550

$ 100,000

Est. payment -/mo

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Price Dropped by $15K

401 S MOUNT ST Baltimore, MD 21223

3 Beds

1 Bath

UPDATED:

09/20/2024 01:19 AM

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Carrollton Ridge

MLS Listing ID MDBA2128082

Style Federal

Bedrooms 3

Full Baths 1

HOA Y/N N

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $142

Tax Year 2023

Property Description

**Exceptional Investment Opportunity – Fully Renovated Property with Tenant in Place** This property underwent a comprehensive renovation just a year ago, featuring brand-new plumbing, windows, electrical systems, and HVAC. Every inch of this home has been updated, ensuring modern comfort and reliability. The tenant currently pays $1,250 per month, including utilities. The lease term ensures minimal vacancy risk and turnover costs, providing immediate cash flow from day one. This is a turnkey investment with no renovation needed. You'll benefit from steady income since a reliable tenant is already in place. All necessary documentation is ready, including proof of lead-based paint certificate, Use & Occupancy (U&O), lease agreement, and rent roll. For savvy investors, this property offers an attractive return on investment. The property is priced to provide a deal that surpasses the 1% rule, making it a prime opportunity for immediate returns. Don’t miss out on this steal! Schedule an appointment today and secure this high-potential investment property.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Unfinished

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Story 3

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

Architectural Style Federal

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Senior Community No

Tax ID 0319100707 042

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Listed by Sarah K Martinez • Real Broker, LLC - McLean

Cathi Powell

Realtor, Team Lead | License ID: MD-587850

+1(410) 419-5550

Cathi Powell

401 S MOUNT ST Baltimore, MD 21223

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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401 S MOUNT ST