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Key Details
Sold Price $133,500
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Montebello
MLS Listing ID MDBA2096476
Sold Date 09/29/23
Style Federal
Bedrooms 3
Full Baths 1
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $708
Tax Year 2022
Lot Size 1,260 Sqft
Acres 0.03
Property Description
Fantastic Investment Opportunity with a Long-Term Tenant in Place! Welcome to 1740 Homestead St, a prime investment property nestled in the heart of Baltimore City's desirable 21218 zip code. This is not your average investment property – it's a turnkey opportunity collecting $1,454.00 per month with a brand new two-year signed rental tenant already in place! Property Highlights: Fresh Paint, Newer HVAC with Central AC, Hardwood Flooring and much more.. Location: Situated in the vibrant Baltimore City, this property enjoys easy access to amenities, transportation, and local attractions. Cash Flow from Day One: With a reliable rental tenant secured for the next two years, you'll start earning passive income right away. Basically Fully Assisted Rental Agreement with tenant portion only being $21.00 per month: Benefit from the peace of mind knowing that the rental arrangement is professionally managed and fully covered, minimizing your involvement. Low-Maintenance Property: The property has been well-maintained, offering a hassle-free investment experience. Long-Term Growth Potential: Baltimore City's real estate market continues to show promising growth, making this property an excellent addition to your portfolio. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry into real estate, this property offers an incredible chance to capitalize on the Baltimore City market. The stability of a long-term tenant and the convenience of a fully assisted rental arrangement make this investment a rare find. Don't miss out on this exceptional investment opportunity at 1740 Homestead St. Contact us or your agent today to schedule a viewing and secure your foothold in Baltimore City's thriving real estate landscape!
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Connecting Stairway, Daylight, Partial
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood, Laminate Plank, Ceramic Tile, Carpet
Equipment Washer, Dryer, Oven - Single, Refrigerator, Stove
Window Features Double Hung
Appliance Washer, Dryer, Oven - Single, Refrigerator, Stove
Heat Source Natural Gas Available
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
School District Baltimore City Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 0309164123 057
Ownership Ground Rent
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Alexandra Daddura • Cummings & Co. Realtors