Description
Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is great as strictly an investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage!The property is 100% occupied and has been since being purchased. Turn over has been infrequent and the units have been filled easily due to the spacious layout and great location. The massive property boasts 4 units total, spanning 4 stories plus the unfinished basement. There are 3 one-bedroom units and 1 three-bedroom unit that spans 2 floors.Only a half block from Girard Ave makes this location key for public transportation, shopping, entertainment and all of the conveniences of city living.Unit 1 $1650/mo, lease expires 10/31/23.Units 2 $1100/mo, lease expires 6/30/23.Units 3 $1360/mo, lease expires 6/30/23.Unit 4 $2235/mo, lease expires 8/1/23.The owner pays for water for the building and the rest of the utilities are separated by unit and paid by the tenants.The basement is unfinished and provides storage space as well as houses 2 sets of coin operated washer and dryer. Income from washer and dryer are not included in calculations.This is a great opportunity, in a prime location, to own a turnkey investment property.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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4,400SQFT
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$216$/SQFT
Description
Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is great as strictly an investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage!The property is 100% occupied and has been since being purchased. Turn over has been infrequent and the units have been filled easily due to the spacious layout and great location. The massive property boasts 4 units total, spanning 4 stories plus the unfinished basement. There are 3 one-bedroom units and 1 three-bedroom unit that spans 2 floors.Only a half block from Girard Ave makes this location key for public transportation, shopping, entertainment and all of the conveniences of city living.Unit 1 $1650/mo, lease expires 10/31/23.Units 2 $1100/mo, lease expires 6/30/23.Units 3 $1360/mo, lease expires 6/30/23.Unit 4 $2235/mo, lease expires 8/1/23.The owner pays for water for the building and the rest of the utilities are separated by unit and paid by the tenants.The basement is unfinished and provides storage space as well as houses 2 sets of coin operated washer and dryer. Income from washer and dryer are not included in calculations.This is a great opportunity, in a prime location, to own a turnkey investment property.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T08:50:29.503.