Avendui Lacovara
443-326-8674
SOLD
$261,000
Date 12/04/2020

2744 Maryland Avenue
Baltimore, MD 21218

Duplex
Residence
0.05
Acre Lot
1of
Photos
Map
Courtesy: Ben Frederick Realty, Inc.
brightmlshomes.com> Maryland> Baltimore> 21218
Invest in the Charles Village rental market at an affordable entry point, or add this home-run property to your existing portfolio! FHA buyers: ask about your cash-on-cash return for owner-occupant financing! 2744 Maryland Ave. contains one 1-bedroom, 2-bath apartment, and one 2-bedroom, 2-bath apartment, With a charming front porch, tile bathrooms and kitchens, in-suite laundry, and central heat and a/c, these apartments are sure to be a breeze to rent. Both units have been freshly cleaned and painted and are ready for move-in! An investor can appreciate the durable systems the owner has installed. The building has vinyl replacement windows, c-pvc plumbing, copper water main installed in 2010, and electrical upgrades circa 2006. The finished basement gives additional space for first floor apartment; and rear parking can generate added rental income. Located directly on the Maryland Avenue Cycle Track, within walking distance to Johns Hopkins Homewood campus, and close to bus routes and I-83, these apartments are appealing to commuters. 2744 Maryland Ave has a WalkScore of 85, a TransitScore of 63, and a Bike Score of 89. Make an appointment to tour this building today! Investment Summary: $249,000 $124,500 Per Unit $148 Per Sq. Ft. 8.1 Times Market Rent (GRM) 7.66% Cap Rate 11.2% Projected Cash-on-Cash Return
MDBA528940
Duplex, Traditional
BALTIMORE CITY
1920
0.05 Acres
Other, Gas Water Heater, Public Water Service
Mason, Vinyl Siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: Ben Frederick Realty, Inc.
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