3 bedroom house for sale

Overview

Charming brick townhome offering multi-family living with FIVE rental units each with a private bath and kitchen facilities. The covered front porch is in line with the architectural designs of the time. A beadboard ceiling, the brick based columns adorned in gold, welcomes you to this awesome opportunity. There are two studio units that are spacious with full baths and kitchen. Three additional one bedroom units also offer open floor plans, one bedroom, a full bath and kitchen. Each apartment is separately metered for gas and electric. Located just three blocks from Johns Hopkins University Homewood Campus, property values and potential tenant pool are anchored by this world-renowned institution. A new owner could keep the rent low and enjoy the steady income, or upgrade this apartment to increase property value and future rents. There is a washer/dryer in the basement that tenants can pay $1 per load. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park. Just one block south is the Hopkins Shuttle Stop, providing an easy commute to Hopkins other Baltimore campuses. This block is patrolled by Hopkins campus security, and is served by the Charles Village Benefits District. Currently, 4 of the 5 units are occupied. At full capacity, the rent roll is $5600/month. The owner pays for water while the tenants are responsible for all other utilities.