$279,900
$279,900
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5917 CHINQUAPIN PKWY Baltimore, MD 21239
1,752 SqFt
Key Details
Sold Price $279,900
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,752 sqft
Price per Sqft $159
MLS Listing ID MDBA2138238
Style Traditional
Year Built 1949
Annual Tax Amount $3,745
Tax Year 2024
Lot Size 4,400 Sqft
Property Description
Fully-Occupied 2-Unit Rental Property! This property cashflows at an annual scheduled income of $28,968 (8%+ Cap Rate). Fantastic opportunity to acquire a recently-renovated (2021) rental property. Both units are 2BD/1BA floor plans with updated kitchen cabinets, formica countertops, energy efficient appliances and LVP flooring throughout. The basement is unfinished with tenant access to leased laundry (Washer and Dryer). Central A/C units are available in both units. Hot water heaters were replaced in 2018. Roof replaced in 2018. Unit 1 pays $1,174 + $40/mo in pet rent. Unit 2 pays $1,200. New Owner Has An Opportunity To Increase Rents To Market at $1,350. 1st floor unit will not be able to be viewed until signed contract. Submit all offers
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Natural Gas
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
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Bought with Nathaniel Brooks • Keller Williams Capital Properties