Traditional
2309 DRUID HILL AVENUE
BALTIMORE, MD 21217
MLS#: MDBA2231972
$255,000
Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1900
Sq.Footage
3,655
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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
3655.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,120
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional
Price
-
Sales Price
$255,000
-
Tax Amount
$4,611
-
Sq. Footage
3,655
-
Price/SqFt
$69
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block, Brick/Mortar
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
021
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Latisha Davidson, Weichert, Realtors - Integrity Home Team
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Salesperson, Realtor
Randy Perrell
Call Randy today to schedule a private showing.
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