T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
1501 Druid Hill Ave, BALTIMORE
$239,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Great Investment Opportunity! This two-apartment brownstone boasts two distinct living spaces. The lower unit features a one-bedroom, one-bathroom layout, while the upper unit offers enhanced accommodations with three bedrooms and 1.5 full bathrooms. Both units are currently tenant occupied, ensuring immediate cash flow and eliminating the hassle of securing tenants. With a robust Capitalization Rate of 8.3%, this property offers investors exceptional income-generating potential. A significant advantage of this property is the tenant responsibility for all utilities. This arrangement alleviates the burden on the owner, resulting in lower operational costs and increased net income. Sold in as-is condition.
Essential Information
MLS® #MDBA2113634
Price$239,000
Bathrooms0.00
Acres0.00
Year Built1920
TypeMulti-Family
Sub-TypeEnd of Row/Townhouse, Duplex
StyleTraditional
StatusActive
Community Information
Address1501 Druid Hill Ave
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21217
Interior
HeatingOther, Radiator
CoolingOther
# of Stories4
Exterior
ExteriorBrick and Siding
Exterior FeaturesFire Escape
FoundationOther
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningR-8
Listing Details
OfficeCENTURY 21 New Millennium
Office Contact7038180111
Property History
Price Reduced from $250,000 to $239,000
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Listing information last updated on May 5th, 2024 at 9:30pm EDT.
