1501 DRUID HILL AVE
1501 DRUID HILL AVE
BALTIMORE, MD 21217
MLS Number: MDBA2113634
Originally $250,000
$239,000
$239,000
Description
- Great Investment Opportunity! This two-apartment brownstone boasts two distinct living spaces. The lower unit features a one-bedroom, one-bathroom layout, while the upper unit offers enhanced accommodations with three bedrooms and 1.5 full bathrooms. Both units are currently tenant occupied, ensuring immediate cash flow and eliminating the hassle of securing tenants. With a robust Capitalization Rate of 8.3%, this property offers investors exceptional income-generating potential. A significant advantage of this property is the tenant responsibility for all utilities. This arrangement alleviates the burden on the owner, resulting in lower operational costs and increased net income. Sold in as-is condition.
General Details
- Property Type: Duplex
- County: BALTIMORE CITY
- Year Built: 1920
- Section: 12
- Sewer: Public Sewer
- Stories: 4
Community Information
- Zoning: R-8
Exterior Features
- Foundation: Other
- Garage(s): N
- Pool: No Pool
- Style: Traditional
- Exterior Features: Fire Escape
- Waterfront: N
- Waterview: N
Interior Features
- Heating: Other, Radiator
- Cooling: N
- Fireplace: N
- Water: Public
School Information
- School District: BALTIMORE CITY PUBLIC SCHOOLS
Fees & Taxes
- City Taxes: $1,578
- County Taxes: $79
Other Info
- Listing Courtesy Of: CENTURY 21 New Millennium