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.
Features
3 bedrooms
1920 sq. ft. floor area
crop_free5625 sq. ft. lot size
cottageDuplex
Property history for 6237 Laurelton Ave
2017
Sold
$125,000
13 Oct 2017
2017
Sold
$125,000
12 Oct 2017 by Bob Simon, of Towson Sales
Happy sellers in Baltimore
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Local market activity for 3 bedroom duplexes in Baltimore
Sold
For Sale
View the listing for inspection times, agent contact details, and more.