5314 Wabash Ave, Baltimore, MD 21215

$191,000
2,168
SqFt

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Sold Price
$191,000
List Price
$190,000
Closing Date
Aug 23, 2024
MLS#
MDBA2125922
Year Built
1926
Status
CLOSED
Type
Multifamily
Living Area
2,168
County
Baltimore City

Property Description

** MONEY MAKER HERE ** Please confirm with the City of Baltimore to get approval to have as a 3 unit home. ** Currently set up to be a 3 unit property. All 3 units were previously being rented for a total of $2700 per month or $32,400 gross for the year. Tenants paid water and electric bills. The property has had one tenant renting the upper 2 levels for $1800 per month recently and now vacant for the purposes of selling. Prime investment property with strong rental potential or turn it back into a large single family home! This craftsman-style home boasts 6 bedrooms, 3 baths and 2100 total finish sq ft! It has a New furnace and hot water heater. For an investor to have a potential 3 unit property or if you are looking to live upstairs and do the BRRRR strategy and rent the lower level to make additional income, this property is for you!! Additional highlights include a large backyard, fully finished basement with private entrance, and large detached garage. Conveniently located near major highways, Sinai Hospital, Pimlico, public transportation, schools, parks, and shopping, making it highly attractive to renters. Don’t miss out on this profitable rental opportunity! Please also see MLS number MDBA2125918 for the residential listing.

Additional Information

High School
Forest Park
Other Structures
Above Grade, Below Grade
Garage Spaces
1
Style
Craftsman, Colonial
Interior Features
Second Kitchen
Basement
Connecting Stairway
Cooling
Central Air
Heating
Central
Water
Public
Possession
Settlement
Acres
0.16
Ownership
Fee Simple

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Listing courtesy of Winning Edge. Contact:

Selling Office: Non Subscribing Office.