2419, Denison Street, Hanlon-Longwood, Baltimore, Maryland, 21216, United States
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These semi-detached row homes were renovated in 2016 and are certified Lead Free! Market rate tenants enjoy private, fenced yards and covered porches and are only 5 minutes to Mondawmin Mall.
Large, eat-in kitchens feature laminate countertops and modern wooden shaker cabinets. Both feature 30″ gas ranges and stainless sinks. Little touches, such as pendant lighting in 2419 and tile backsplash in 2421 make these stand apart from other rentals in the area. Living rooms are spacious and bright and each home has a half bath with modern vanity on the first floor. Upstairs are 3 bedrooms and a full bath, each. Layouts and finishes in each building are the same, making these homes easy to maintain. Flooring throughout the living spaces are laminate, with ceramic tile in kitchens and baths. Full basements provide ample storage room and feature full size washers and dryers.
Main water supply upgraded to copper, with C-PVC interior supply lines and PVC drains throughout. Each home has 100 amp electric supply. Goodman 90# forced air gas-fired furnaces with central air and 40-gallon Rheem electric water heaters with expansion tanks. Tenants pay all utilities.
Garwyn Mills and Hanlon-Longwood neighborhoods make up more than 55 tree-lined blocks in Baltimore. Tenants can walk to Hilton Elementary school in four blocks or stroll 15 minutes to Lake Ashburton/Hanlon Park. Mondawmin Mall offers a myriad of retail and professional services. Coppin State College is a quick, 5 minute drive away.
$93 Per Sq. Ft.
7.7 Times Gross Rent (GRM)
9.24% Cap Rate
17.3% Cash-On-Cash Return
Call Cheryl Sadera: 410-688-1348 or Will Cannon: 410-916-3331 to schedule a tour and discuss your investment goals. 3401 Mondawmin Ave., a 6-bedroom, 3-bath rental home is a 1/2 block north and also available for sale, offering a 21.1% Cash-on-Cash Return. Add all 3 to your portfolio!
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
Owning a home is a keystone of wealth… both financial affluence and emotional security.Suze Orman