2309 Druid Hill Ave, Baltimore, MD 21217

$255,000
3
BD
2
BA
3,655
SqFt

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List Price
$255,000
Status
ACTIVE
MLS#
MDBA2231972
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
3,655
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1900
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY! 2309 Druid Hill Ave., Baltimore, MD 21217 is a renovated two-unit investment property featuring a 1BR/1BA unit and a 2BR/1BA unit. One unit is currently rented, providing immediate rental income, while the second unit offers additional income potential. At a $255,000 purchase price, the property has projected gross annual rental income of approximately $36,000, with an estimated NOI of $22,200 and an 8.7% stabilized cap rate, based on projected operating expenses. Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to generate rental income, increase cash flow through full occupancy, and add a multi-unit property to their portfolio. Don’t miss this short-sale investment opportunity—schedule your showing today and explore the potential! Financial figures are estimates for investment-analysis purposes and should be independently verified.

Additional Information

Subdivision
Penn North
School District
Baltimore City Public Schools
Heating
Programmable Thermostat
Cooling
Ceiling Fan(s)
Water
Public
Sewer
Public Sewer
Basement
Unfinished

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Calculator source: Real Geeks

Listing courtesy of Weichert, Realtors - Integrity Home Team. Contact: