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2627 Cecil Ave

Baltimore MD 21218

3
2
1500 sq. ft.
1742.4 sq. ft.
Townhouse
Currently for sale - view listing

Overview

Investor special! Tenant-occupied property currently generating $1,695 per month, or $20,340 in gross annual rental income. At the $164,000 list price, that represents an approximate 12.4% gross rental yield before expenses. The home features three bedrooms, two kitchens, a bonus room, and a separate lower-level entrance, offering a flexible layout and future income potential. Conveniently located approximately 2.8 miles from Morgan State University. Property is being sold subject to the existing tenancy. Please do not disturb the tenant. No showings prior to an accepted offer. Interior access will be provided during the buyer’s inspection or due-diligence period.

Features

3 bedrooms
2 bathrooms
1500 sq. ft. floor area
1742.4 sq. ft. lot size
Townhouse

Property history for 2627 Cecil Ave

2021
Sold
$65,000
30 Sep 2021 by Photi Mavroulis, of REMAX Advantage Realty | Baltimore
2016
Sold
Undisclosed
08 Dec 2016

Happy sellers in Baltimore

65%
65% of sellers in Baltimore reported that their sale price either exceeded or met their price expectations.

Baltimore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Baltimore over the last 12 months.

Local market activity for 3 bedroom townhouses in Baltimore

In the last 12 months, 212 three-bedroom townhouses similar to 2627 Cecil Ave, have been sold.

This represents a 15% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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