MLS#MDBA2212642
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Turnkey 2-unit income-producing property offering strong and stable cash flow at the new price of $219,000. Property features a 3-bedroom unit with market rent of approximately $1,600/month and a 1-bedroom unit generating approximately $1,000/month, for a total projected gross income of $2,600/month. Each unit is equipped with central air and tenants pay their own utilities, helping to keep operating expenses low and predictable. Estimated cap rate near 10% with solid DSCR makes this an attractive opportunity for investors or owner-occupants. Separate units provide flexibility and reduce vacancy risk. A well-positioned asset with consistent rental demand.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Central A/C
Fuel Type: Electric, Natural Gas
Heating: 90% Forced Air, Heat Pump(s)
Home Style: Colonial
Lot Size: 0.03 Acres
Taxes: $5,035
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: Baltimore City
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Units: 1
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Samson Properties
Agency Phone: 4435422251
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 973.12 per month $489.40 Principal & Interest $419.58 Property Tax $64.14 Homeowner's Insurance
513 N Schroeder Street | MLS# MDBA2212642
This multi-family property located at 513 N Schroeder Street, Baltimore, MD 21223 is currently listed for sale with an asking price of $219,900. N Schroeder Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.homesale.com today.