BEDS3
BATHS2 full
SQUARE FEET3,655
MLS#MDBA2231972
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONPENN NORTH
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY! 2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income. At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses. Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio. Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer. Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Basement: Unfinished
Cooling: Ceiling Fan(s)
Fuel Type: Natural Gas
Heating: Programmable Thermostat
Home Style: Traditional
Lot Size: 0.03 Acres
Stories: 2.0
Taxes: $4,611
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 35
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: Baltimore City
Sewer: Public Sewer
SQFT Above Finished: 3655
SQFT Total Finished: 3655
Structure Type: End of Row/Townhouse
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Weichert, Realtors - Integrity Home Team
Agency Phone: 4104493009
Shown By
Agent Name: Darlene Morton
Agent Phone:
Agency Title: Maverick Realty, LLC
Estimate Your Payment
Estimated Payment
$ 1,026.14 per month $567.52 Principal & Interest $384.25 Property Tax $74.38 Homeowner's Insurance
2309 Druid Hill Avenue | MLS# MDBA2231972
This townhouse located at 2309 Druid Hill Avenue, Baltimore, MD 21217 is currently listed for sale with an asking price of $255,000. This property was built in 1900 and has 3 bedrooms and 2 full baths with 3655 sq. ft. Druid Hill Avenue is located in the PENN NORTH subdivision within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search PENN NORTH real estate on dmorton.maverickrealtyusa.com today.