Courtesy of: Sean Ussery, CENTURY 21 New Millennium, sean.cummingsrealtors@gmail.com
Courtesy of: Sean Ussery, CENTURY 21 New Millennium, sean.cummingsrealtors@gmail.com
$140,000
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Lot: 0.02 Acres
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Other
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$140,000
3705 E LOMBARD STREET Turnkey 2-UNIT Investor Opportunity in Highlandtown! One of ten properties that is being sold! Please read full remarks in regards to packaged sale of portfolio. ARV $150-160K. GR $21, 000 Unit A* Main floor 2 Bed 1 Bath. Tenants have been in place since 07/30/2020 w/ no rent increase. Current rent $650. Market rent $1000-1100. Unit B* 2nd Floor 1 Bed 1 Bath. Updated kitchen with granite countertops and matching appliances. Updated bathroom. Oversized bedroom. Current rent $1100. (Photos unavailable for unit B, will update as soon as I have access.) Portfolio Sales Price $1, 200, 000.00 ARV $1, 300, 000.00 10 units / 11 doors Gross scheduled income- $180, 360.00 NOI- $120, 664.04 Cap Rate 10.06 Portfolio Includes: 342 Imla st 21224 - 3bed/1bath - $145k 3718 E Lombard st 21224 - 3bed/1bath - $130k 3705 E Lombard st- 21224 Unit A - 2bed/1bath - $140k
Courtesy of: Sean Ussery, CENTURY 21 New Millennium, sean.cummingsrealtors@gmail.com
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