No Photos
Image 1 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 2 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 3 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 4 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 5 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 6 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 7 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 8 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Image 9 - 3712 Parkside Drive, Baltimore, MD 21206, USA - House for sale
Home For Sale In Baltimore, Maryland
3712 Parkside Drive, Baltimore, MD 21206, USA

Home For Sale In Baltimore, Maryland

house for sale
views
Listed: 04/17/24

3712 Parkside Drive, Baltimore, MD 21206, USA

7 Bed:
5,866 Sq Ft Living Area:
Save
Price
$ 450,000

About This House

Discover a premier investment choice in a highly desirable area with this multifamily property, currently generating a total annual rental income of$56, 880,boasting a net operating income of$38, 590,and offering an attractive 8.57% cap rate. This well-maintained property features five fully occupied apartments, including four one-bedroom, one-bathroom units, each offering privacy and convenience. The larger three-bedroom unit includes two bathrooms, ideal for families or shared living arrangements. A distinct advantage for both owner and tenants is the self-contained utility setup in each apartment, with individual gas and electric meters, heating systems, and water heaters, ensuring that tenants are responsible for their own utility bills. This arrangement enhances ease of management and tenant satisfaction. Further enhancing this investment's appeal, the property …  Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Arcadia 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.