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401 S Mount St

Baltimore MD 21223

3
1
Townhouse
Currently for sale - view listing

Overview

**Exceptional Investment Opportunity ? Fully Renovated Property with Tenant in Place** This property underwent a comprehensive renovation just a year ago, featuring brand-new plumbing, windows, electrical systems, and HVAC. Every inch of this home has been updated, ensuring modern comfort and reliability. The tenant currently pays $1,250 per month, including utilities. The lease term ensures minimal vacancy risk and turnover costs, providing immediate cash flow from day one. This is a turnkey investment with no renovation needed. You'll benefit from steady income since a reliable tenant is already in place. All necessary documentation is ready, including proof of lead-based paint certificate, Use & Occupancy (U&O), lease agreement, and rent roll. For savvy investors, this property offers an attractive return on investment. The property is priced to provide a deal that surpasses the 1% rule, making it a prime opportunity for immediate returns. Don?t miss out on this steal! Schedule an appointment today and secure this high-potential investment property.

Features

3 bedrooms
1 bathroom
Townhouse

Property history for 401 S Mount St

2021
Sold
$47,500
13 Oct 2021 by Dimitrios Lynch, of ExecuHome Realty

Happy sellers in Baltimore

80%
80% 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 3 reviews in Baltimore over the last 12 months.

Local market activity for 3 bedroom townhouses in Baltimore

In the last 12 months, 214 three-bedroom townhouses similar to 401 S Mount St, have been sold.

This represents a 16% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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