If you’re on the lookout for a lucrative investment opportunity, look no further than this Baltimore investment property for sale. Located just across from the picturesque Chinquapin Park, this beautifully maintained rare duplex offers not only a great living space but also an instant cash flow.
The downstairs apartment has been recently renovated and is estimated to fetch a monthly rental income of $1,000 to $1,200. With its modern upgrades and attractive features, it will undoubtedly attract tenants looking for a comfortable and contemporary living space. The apartment comprises two bedrooms, a full bathroom with a skylight, separate furnaces, water heaters, and electrical/gas meters. The renovations have been thoughtfully done, ensuring that the apartment is move-in ready for its new tenants.
The upstairs apartment is already occupied by seasoned long-term tenants who pay $800 in monthly rent. This reliable rental income provides an immediate return on investment and offers stability to your cash flow. The two-bedroom apartment also features a full bathroom with a skylight and, like the downstairs unit, has separate furnaces, water heaters, and electrical/gas meters.
The property boasts a shared basement that provides ample storage space and includes washer and dryer units and a double stationary tub. This convenience will surely be appreciated by tenants, making it a highly attractive feature for potential renters.
Additionally, the property offers a nice-sized fenced backyard, perfect for summer fun and BBQs. This outdoor space enhances the overall appeal of the property, making it even more enticing to tenants and increasing the potential rental value.
With its prime location across from Chinquapin Park, this investment property is ideally situated. The park offers a serene and beautiful environment for residents, with its lush green spaces and recreational amenities. This proximity to nature will undoubtedly be a significant selling point for tenants looking for a peaceful and enjoyable living experience.
Considering the recent renovations, reliable rental income, and attractive features, this Baltimore investment property is a great opportunity for investors seeking long-term returns. With the potential for immediate cash flow and the stability of long-term tenants, this property is an excellent addition to any investment portfolio.
Don’t miss out on this fantastic investment opportunity! Schedule a visit to see this property firsthand, as it won’t be on the market for long.
5811 CHINQUAPIN PKWY, BALTIMORE, MD 21239