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Image 1 - 3200 Elgin Avenue, Baltimore, MD 21216, USA - Duplex for sale

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Home For Sale In Baltimore, Maryland

3200 Elgin Avenue, Baltimore, MD 21216, USA

Home For Sale In Baltimore, Maryland

duplex for sale

9 views

Listed: 02/17/24

3200 Elgin Avenue, Baltimore, MD 21216, USA

6 Bed:

3 Bath:

3,680 Sq Ft Living Area:

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Price

$ 599,000

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About This Duplex

Fully renovated building with 3 completely renovated separately metered apartments each having 2 bedrooms and 1 full bath, kitchen, living, dining area, and laundry. All three units are rented until July 2024. Live in one unit and rent the other two. Annual Income48, 600,approxNOI 41, 310,approx cap rate. 6.9%. Low maintenance easily managed, great long-term investment as market rents can be increased. Property Zone Transitional Residential Zoning District. Accommodates both detached and semi-detached dwellings, rowhouse developments, and limited low-rise multi-family garden apartment developments. Limited nonresidential uses.

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Walbrook Housing & Living

Household Income

Median household income: $51,000

Number of households: 237,204

The average household income in Baltimore, MD grew from $47,131 to $51,000 in the past year. This data is an estimate based upon 237,204 households in Baltimore, MD.
The chart below presents how household income is distributed in Baltimore, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Baltimore, MD compared to median property taxes around the country. The prevalent amount of property taxes in Baltimore, MD equals $3k+ , which is more than the national average.