532 Rose Hill Ter, Baltimore, MD 21218

$265,000

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List Price
$265,000
MLS#
MDBA2236672
Year Built
1916
Status
COMING SOON
Type
Commercial
County
Baltimore City
Subdivision
None Available

Property Description

Expand your Investment portfolio or explore a house-hacking opportunity located nears Johns Hopkins University and Morgan State University. This mixed-used property features a ground-level grocery store with an existing commercial lease and a second floor residential apartment offering 3 bedrooms and 1 full bathroom. The apartment is currently rented for $1,200 per month to month lease and can be delivered vacant, offering flexibility to continue renting or move upstair while collecting income from commercial space. The apartment was previously rented for $1,400 per month. The unfinished basement includes a half bathroom, laundry area and additional storage space. With an existing commercial tenant, flexible residential occupancy, and proximity to two major universities, this property offers an appealing opportunity for investors seeking two incomes streams or buyers looking to offset ownership costs with rental income.

Additional Information

Cooling
Central Air
Heating
Radiator(s)
Water
Public
Possession
Immediate, Settlement
Acres
0.03
Ownership
Fee Simple

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Listing courtesy of LPT Realty, LLC. Contact: