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Image 1 - 1501 Druid Hill Avenue, Baltimore, MD 21217, USA - House for sale

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Home For Sale In Baltimore, Maryland

1501 Druid Hill Avenue, Baltimore, MD 21217, USA

Home For Sale In Baltimore, Maryland

house for sale

Listed: 02/17/24

1501 Druid Hill Avenue, Baltimore, MD 21217, USA

3 Bed:

3 Bath:

Price

$ 250,000

Sold

Show 3 more

About This House

Great Investment Opportunity! This two-apartment brownstone boasts two distinct living spaces. The lower unit features a one-bedroom, one-bathroom layout, while the upper unit offers enhanced accommodations with two bedrooms and two full bathrooms. Both units are currently tenant occupied, ensuring immediate cash flow and eliminating the hassle of securing tenants. With a robust Capitalization Rate of 8.3%, this property offers investors exceptional income-generating potential. A significant advantage of this property is the tenant responsibility for all utilities. This arrangement alleviates the burden on the owner, resulting in lower operational costs and increased net income. Sold in as-is condition.

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