5638 Midwood Avenue Baltimore, MD 21212

DUPLEX – Live in One Unit or Rent BothIt’s a students dream. 6 mins off campus. Barking. Washer dryer. I meannnnnn.. They are charging $1000 for off campus student housing and that was in 2019. Morgan has a HUGE housing shortage per admitted student.Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates.Investor Highlights:• Estimated market rent for vacant unit: $1,500–$2,000/mo• Potential gross annual rent (both units): $24,000–$40,000/yr• Estimated NOI (after typical expenses): $25,000–$28,000/yr• Implied value at a 6%–7% cap rate: $357K–$416KOwner-Occupant Benefit:Rental income from one unit could offset 60%–70% of monthly housing costs, depending on loan terms.Strong rental potential, updated systems, and flexible living or investment options.