6237 Laurelton Ave, Baltimore, MD 21214

$250,000
1,280
SqFt

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List Price
$250,000
MLS#
MDBA2211784
Year Built
1959
Status
ACTIVE
Type
Multifamily
Living Area
1,280
Total SqFt
1760
County
Baltimore City

Property Description

Welcome to 6237 Laurelton Avenue! Attractively priced two-unit property offering flexibility for both investors and owner-occupants. The property includes a two-bedroom, one-bath lower unit and a one-bedroom, one-bath upper unit, with the units recently rented for a combined $3,050 per month. At the $250,000 list price, the prior rent roll represents $36,600 in annual gross scheduled rent, a gross yield of approximately 14.6%, and a gross rent multiplier of roughly 6.8x. Delivered vacant, 6237 Laurelton is a compelling opportunity for a small multifamily investor or house hacker looking for immediate lease-up potential and multiple paths to value.

Additional Information

Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Style
Colonial
Basement
Yes
Cooling Fuel
Natural Gas
Cooling
Central A/C
Heating Fuel
Natural Gas
Heating
Forced Air
Hot Water
Natural Gas
Sewer Septic
Public Sewer
Water
Public
Tax Year
2025
Possession
Immediate
Days on Market
8
Acres
0.13
Ownership
Fee Simple

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart. Contact: 4432697310