SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY!2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income.At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses.Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio.Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer.Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.
SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY!2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income.At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses.Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio.Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer.Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.
Neighborhood
Type
Total Baths
County
Baltimore City
Tax Amount
$4,611
Status
Active
Listing #
MDBA2231972
Built
1900
Lot Size
0.03
Listed on site
27 days
Listing Agent Id
1700005354172