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This prime investment opportunity features a portfolio of 12 individual residential townhomes located just minutes from Towson University, with an income potential of $316,000 annually. Currently, 7 of the 12 units are leased, generating immediate rental income, while the remaining units provide an excellent opportunity for growth in a high-demand area. The properties include a mix of garage and traditional townhomes, appealing to both students and professionals, and the monthly condo fee is $320 per unit. Although these are individual residential townhomes, they are listed under commercial due to Bright MLS restrictions, which limit multi-family listings to 4 units or fewer. Don't miss out on this unique opportunity to expand your investment portfolio!
| DAYS ON MARKET | 12 | LAST UPDATED | 10/8/2024 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1990 |
| COUNTY | BALTIMORE CITY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| CONSTRUCTION | Stucco |
| HEAT | Electric, Forced Air |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 20904 |
| SEWER | Public Sewer |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 49392 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | General Residence |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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