Property ID : UniversityOne
Sold Comp $110,000.00 - Mid Rise/Hi-Rise
What would it mean to your investment portfolio to have a super-easy to manage rental unit in one of the best rental markets in Baltimore? This condominium is never vacant because of the increasing demand for quality, safe, amenity-packed rental units 1/2 block from Johns Hopkins University’s Homewood Campus. Your tenants can attend Peabody or visit the East Baltimore Hospital/Research Campus by easily jumping on the free Hopkins Shuttle Bus that stops just outside the door of this 1965-built 15-story condominium building. You want modern aminities? How about a new kitchen with solid wood cabinets, laminate counters, and stainless steel appliances (dishwasher, disposal, 30″ electric range, and refrigerator). Feel safe and secure with the 24-7 front desk manned by a live human being. The building has a roof-top swimming pool, and ground level community room with big-screen TV and full service kitchen that residents can rent for private parties and gatherings. One-site laundry is available. Check out the south view of Charles Village and the Johns Hopkins’ Campus. The Charles Village Shopping Center is just a block away with Barnes and Noble, Starbucks, Chipotle, and other name retailers. Other features include Zip Car rentals just across the street, an 85 walking score, 56 transit score, 85 biking score and an “A” crime grade by http://walkscore.com
This two-bedroom, one-bath 918 Sq.Ft. Condominium Unit has a solid rental history. A two-year lease is good through May 31, 2018 with a current monthly rent of $1,900.
Price at $110,000 check out the Cash Flow statement and summary of investment returns on this attractive offering. This investment must be all-cash or using private lending sources. Invest $110,000 in cash and realize return on investment of 10% or more (see Cash Flow and Investment Returns for details).
Don’t miss this opportunity to add a simple, easy-to-manage unit to your portfolio.