5917 CHINQUAPIN PKWY Under Contract Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21239
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,752 sqft
Price per Sqft $159
MLS Listing ID MDBA2138238
Style Traditional
Abv Grd Liv Area 1,452
Originating Board BRIGHT
Year Built 1949
Annual Tax Amount $3,745
Tax Year 2024
Lot Size 4,400 Sqft
Acres 0.1
Property Description
Fully-Occupied 2-Unit Rental Property! This property cashflows at an annual scheduled income of $28,968 (8%+ Cap Rate). Fantastic opportunity to acquire a recently-renovated (2021) rental property. Both units are 2BD/1BA floor plans with updated kitchen cabinets, formica countertops, energy efficient appliances and LVP flooring throughout. The basement is unfinished with tenant access to leased laundry (Washer and Dryer). Central A/C units are available in both units. Hot water heaters were replaced in 2018. Roof replaced in 2018. Unit 1 pays $1,174 + $40/mo in pet rent. Unit 2 pays $1,200. New Owner Has An Opportunity To Increase Rents To Market at $1,350. 1st floor unit will not be able to be viewed until signed contract. Submit all offers
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327565138A200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Standard