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Two Bedroom House (ref. 34861925)
Date & Time Listed: 2019-01-10 20:12:22 (GMT)
This two bedroom, one bathroom property is located in the central neighbourhood of Langston Hughes on the Northside of Baltimore city. The property is only five minutes and only 1.3 miles from Garrison Middle School which is one of the largest schools in Maryland. The property has just been completely refurbished which includes a new kitchen, bathroom, carpets, paint and much more. There is a brand new tenant in place paying $1,100 rent a month. The property is under management by a great local Baltimore company.
Langston Hughes is seen as a very good stable neighbourhood in Maryland, Baltimore. The property is close to Forest Park Golf course, the Pimlico race course and only 5 minutes from Garrison Middle, it is also just 5.7 miles from downtown Baltimore.
Purchase price: 59,900
Gross annual rental income: $13,200
Property running costs: $2,575
(Tax, insurance and management costs)
Net annual rental income: $10,625
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 18%
This property is a Townhouse for sale.
Number of Bedrooms: 2
Number of Bathrooms: 1
Price: 59,900.00 USD
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