2300 Tioga Parkway, Baltimore, MD 21215

$304,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$304,000
List Price
$305,000
Closing Date
Jun 28, 2024
MLS#
MDBA2124048
Year Built
1920
Status
CLOSED
Type
Multifamily
County
Baltimore City
Subdivision
Liberty Square

Property Description

Open House Thursday, May 23rd from 5:00-7:00 pm. Offers due Friday, May 24th by 12:00pm. Exciting Investment Opportunity in Baltimore! Calling all investors or savvy homeowners looking to offset their mortgage payments - this ready-to-rent 3-unit property is a gem waiting to be discovered! With the option to live in one unit and have the other two units cover your mortgage, financial freedom is within reach. Plus, explore the 2-4 unit owner-occupied conventional or FHA loan program, sometimes requiring just 3.5-5% down payment for added convenience. Unit breakdown: Unit 1: Charming 2 bedrooms, 1 bathroom. Unit 2: Cozy 2 bedrooms, 1 bathroom. Unit 3: Quaint 1 bedroom, 1 bathroom Each unit is separately metered for hassle-free utility management. The entire property underwent a complete renovation in 2022, ensuring modern living spaces for tenants. Additionally, newer furnace and water heater systems in each unit provide peace of mind for long-term maintenance. Situated on a spacious lot with a convenient parking pad at the back, this property offers both comfort and practicality. Adjacent to a daycare facility, the neighborhood is family-friendly and bustling with activity. Location is key! Just minutes away from the Baltimore Zoo and Coppin State University, residents will enjoy easy access to entertainment and educational opportunities. Near the metro and major commute routes. Rental comps indicate strong potential, with projected income of $3,700 (excluding utilities), making this property a lucrative investment. Don't miss out on this fantastic opportunity to grow your real estate portfolio or secure a smart housing solution. Contact us today to schedule a viewing and make this property yours!

Additional Information

Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Style
Bungalow
Interior Features
2nd Kitchen, Additional Stairway, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Pantry, Kitchenette
Basement
Yes
Cooling Fuel
None
Cooling
None
Heating Fuel
Electric
Heating
Central
Hot Water
Electric
Sewer Septic
Public Sewer
Water
Public
Tax Year
2024
Possession
Immediate
Days on Market
6
Parking
Concrete Driveway
Ownership
Fee Simple

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact:

Selling Office: .