412 N Washington St

Baltimore MD 21231

1840 sq. ft.

5000 sq. ft.

Duplex

Currently for sale - view listing

Overview

CASH FLOW MACHINE! Phenomenal location literally next to Johns Hopkins medical campus. Remodeled into 3 private living spaces that are perfect for owner-occupant or investor. Easy to rent with strong rental demand from Hopkins med/grad students, researchers and nurses. Gross rents exceed $44k annually and net over $35k after expenses. Opportunity for rent increases given location and demand. Live in the property and have the tenants pay for the house. One off-street parking space reserved for property in the community parking lot. Seller has invested over $100k in permitted improvements since purchasing the home. Current zoning is C-2. Buyer to do due diligence about zoning codes. Potential grants up to $70k for 1st time home buyers. Call listing agent, for more information. Property back on market due to buyer financing falling through & 2nd offer the buyer breached contract,not due to seller.