407 N Collington Avenue Baltimore, MD 21231
FINAL PRICE ADJUSTMENT 8.5% CAP RATE- Seller says if it doesn't sell then we'll just rent it. Charming Two-Unit Duplex – Ideal Investment Opportunity! Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den/second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1, 100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds – comfortable living spaces and excellent income potential. Both units are separately metered for gas and electric and have separate entrances within a common foyer. Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence.
- Property TypeMulti-Family
- NeighborhoodCare
- CountyBaltimore City
- Taxes$3,708
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID NumberMDBA2129930
- Home Size Source Assessor
- Year Built1910
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Traditional
- Construction Brick
- Parking PublicOn Street
- Sewer Public Sewer
- Electric 100 Amp Service
- Basement Unfinished
- Number of Stories 3
- Acreage 0
- Water Public
- Security Carbon Monoxide Detector(s)Security GateWindow Grills
- Cross Street Orleans St
- Property Sub Type Duplex
- Attached Garage No
- Utilities Natural Gas AvailableWater AvailableSewer Available
- Foundation Brick/ Mortar
- Zoning R-8
Interior Features
- Cooling None
- Heating 90% Forced AirNatural Gas
- Flooring HardwoodLaminate Plank
- Fireplace No
Exterior Features
- Roof FlatRubberTar/ Gravel
- Spa No
- Waterfront Property No
- Exterior Fire Escape
- Patio And Porch EnclosedPatio(s)
Community Features
- Security Features Carbon Monoxide Detector(s)Security GateWindow Grills