5638 Midwood Avenue, Baltimore MD 21212 (Off Market)

For Sale, USD 200,000


5638 Midwood Avenue, Baltimore MD 21212,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 1,452 ft² / 135 m²

Land Size : N/A

Bedroom : 4

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

DUPLEX - Live in One Unit or Rent Both Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates. Investor Highlights: Estimated market rent for vacant unit: $1,500-$2,000/mo Potential gross annual rent (both units): $24,000-$40,000/yr Estimated NOI (after typical expenses): $25,000-$28,000/yr Implied value at a 6%-7% cap rate: $357K-$416K Owner-Occupant Benefit: Rental income from one unit could offset 60%-70% of monthly housing costs, depending on loan terms. Strong rental potential, updated systems, and flexible living or investment options.
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5638 Midwood Avenue, Baltimore MD 21212, United States,Maryland,Baltimore is a 1,452ft² Baltimore luxury Multi-Family Home listed for sale USD 200,000. This high end Baltimore Multi-Family Home is comprised of 4 bedrooms and 0 baths. Find more luxury properties in Baltimore or search for luxury properties for sale in Baltimore.