Apartment House For Sale
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $18000
Net Profit / Cash Flow $18000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Not needed.
Reason for Sale owner is relocating.
Description 2233 Annapolis Rd. Baltimore, MD 21230 is a two apt house (currently tenant occuppied) or can be used as one large TH. It has 2 bedrooms kitchen and bath on the second level. It has 2 bedrooms, kit and bath, plus basement on the 1st level. This area of town is called Westport. To get to it, take the ''Westport'' exit off rte 295. $350,000 Dollar Condos are currently being built three blocks from this house. The City is developing a beautiful, new park and waterfront that surrounds the Middlebranch waterway just 3 blocks behind the house. The Middlebranch Marina is also 3 blocks. This location is 35 min from downtown Wash. DC. It is 5 min from rtes 95, 695, 895 and 30 seconds to rte 295. The lightrail train, located 2 blks away is 7 stops from BWI airport ($1.35 one way). Two buses pass by the front door. Rent one apt while living in the other one for free or rent both & collect $18,000 a year. 15 min away is the world famous, Johns Hopkins Hospital, 5 min to either Harborview Hospital or the University of Maryland Hospital, and 15 min to Fort Meade, 40 min to the Pentagon, which are all convenient to get to. The property shall be sold ''As is, and needs some minor work.'' Has 100 amp power service. Has a fairly new gas boiler, walking distance to the new Peter Pan Bus Station, and the Baseball & Football Stadiums downtown at the Inner Harbor. With this house, you can leave the car at home and commute to Wash-DC, VA, and Philadelphia, all by train. This area would have been considered depressed 10 yrs ago but is now location rich (convenient to everywhere!). I may finance you with 25% down. Live here while finishing the painting (front of house) and very minor upgrades. Be as smart as Mr. Trump, and invest in real estate before the rates go up again. This one is very affordable! Sale price is just $140,000. Email or call Jay at 410-903-0835 to see email photos or for more information on this Apartment House for sale.
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