Property ID : Guilford3006
Sold Comp $340,000.00 - Apartment Building, Townhouse
Great Investment Opportunity – super easy to rent and manage 4 One-Bedroom Apartments with a welcoming covered front porch just 3 blocks from Johns Hopkins University. All kitchens and baths have been updated, brand new modified rubber roof, vinyl windows, 400-Amp circuit breaker electric service.
This is the often-photographed, famous block of Charles Village with iconic “Painted Ladies”.
Fully licensed and zoned as 4 dwelling units.
Rents average $825 per month; offering significant potential to raise rents in increase cash flow.
$340,000 Purchase Price
$ 85,000 Per Unit
8.3 Cap Rate
12% Cash Flow