1305 N Linwood Ave, Baltimore, MD 21213

$149,900
4
BD
2
BA
1,200
SqFt

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List Price
$149,900
Days on Market
1
Status
ACTIVE
MLS#
MDBA2232480
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,200
Lot Size (Acres)
0.04
Style
Colonial
Year Built
1948
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

Unlock the door to your future with an exclusive offer: Own your dream home with Zero Money Down at an exceptional rate of 5.80% for the first year and $880 per month OR receive $1,500 back in closing cost credits. Taxes and insurance not included, available for those who qualify. Special Option: Purchase this home with all the advantages of a cash buyer without using your own funds. Call for details. INVESTOR ALERT! This fully rented, 2-unit interior townhome offers the opportunity to add a cash-flowing property to your portfolio in the desirable Berea neighborhood of Baltimore City. Featuring two separate 2-bedroom, 1-bath residential units with established tenants already in place, the property currently generates $2,350 in monthly rental income with $28,200 in total gross annual income. Each unit has its own entrance, providing functional separation and privacy for tenants while giving the owner two independent sources of rental income. The lower unit features 2 bedrooms and 1 full bath and currently rents for $1,150/month with utilities included. The current tenant has been in place for more than two years, providing a strong history of occupancy and stability. The upper unit also offers 2 bedrooms and 1 full bath and is currently rented for $1,200/month. The current tenant has been in place for approximately five months, with a one-year lease currently in place. Gas and electric are paid by the upper-unit tenant. With both units occupied, this property offers immediate rental income without the need to find tenants before putting the property to work. Additional features include a front porch, rear access from the lower level, and a sizeable backyard—amenities that can add to tenant appeal and long-term rental potential. The property's two-unit configuration provides flexibility for investors looking to build or expand a residential rental portfolio. Located in an established Baltimore neighborhood, the property offers convenient access to employment centers, shopping, dining, recreation, public transportation, and major city destinations. Johns Hopkins Hospital is just minutes away, along with Johns Hopkins Medicine, Kennedy Krieger Institute, and Johns Hopkins Bayview Medical Center, making the location especially convenient for employees, students, and professionals. Outdoor recreation is also nearby, with Patterson Park, Herring Run Park, and Clifton Park offering green space for walking, recreation, and relaxation. Everyday conveniences, shopping, and transportation options are readily accessible, adding to the property's tenant appeal. With established tenants and prime location in the city, this property offers an attractive opportunity for investors seeking an income-producing Baltimore property. Whether you're an experienced investor looking to expand your portfolio or searching for your next rental property, this fully occupied 2-unit townhome deserves a closer look. Call us for open house times!

Additional Information

Subdivision
Berea-Biddle Street Historic District
Taxes
$3099
Interior Features
2nd Kitchen, Attic, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Efficiency, Wood Floors, Ceiling Fan(s)
School District
Baltimore City Public Schools
Flooring
Ceramic Tile, Hardwood
Exterior Features
Sidewalks
View
Street
Heating
Radiator
Heating Fuel
Oil
Cooling
Other
Utilities
Natural Gas Available, Electric Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Your Home Sold Guaranteed Realty. Contact: 4107931616