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6237 Laurelton Ave

Baltimore MD 21214

3
1920 sq. ft.
5625 sq. ft.
Duplex
Currently for sale - view listing

Overview

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
5625 sq. ft. lot size
Duplex

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

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