3001 Oakley Avenue, Baltimore, MD 21215
- $180,000
- Sold Price
- $180,000
- List Price
- $180,000
- Closing Date
- Jul 09, 2024
- MLS#
- MDBA2124154
- Year Built
- 1925
- Status
- CLOSED
- Type
- Multifamily
- County
- Baltimore City
- Subdivision
- Central Park Heights
Property Description
Living in one unit and renting out the other can be a smart financial move, especially in areas like Central Park Heights that are experiencing growth. It allows you to offset your mortgage or other housing expenses with rental income, potentially making homeownership more affordable. Of course, being a landlord comes with responsibilities, such as maintaining the property, finding tenants, and handling any issues that may arise. But if you're willing to take on those responsibilities, renting out one unit while living in the other can be a great way to build wealth and make the most of your investment in Central Park Heights. Unit 1 has 1 BR & 1 BA and is currently occupied renting at $900/month. Unit 2 has 3BR & 1 BA and is currently unoccupied and will command minimally $1,200/month totaling a minimum of $2,100/month if both units are rented. Current tenant conveys through October 2024.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Style
- Dwelling with Rental
- Interior Features
- Carpet
- Cooling Fuel
- None
- Cooling
- None
- Heating Fuel
- Natural Gas
- Heating
- Radiator
- Hot Water
- Natural Gas
- Sewer Septic
- Public Sewer
- Water
- Public
- Tax Year
- 2024
- Possession
- Subject to Existing Lease
- Days on Market
- 10
- Acres
- 0.05
- Ownership
- Ground Rent