Buy and Hold investor dream! This property is in a phenomenal location, resides conveniently across the street from major shopping centers (Giant, Rite Aid Petco, Qdoba, Five Guys, Etc) Towson has several major development projects recently completed and several more active.
ARV – $450,000-$500,000
Repairs will be needed to get market rent.
Expected monthly gross income after repairs $3,500-$4,000 a month
3 Units –
1 – 3 Bedroom (main level) Rented for $900 a month
1 – 2 Bedroom (upstairs) Rented for $850 a month
Tenant is behind 6 months
1- 1 Bedroom (upstairs) Rented for $650 a month
Tenant is behind 6 months
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Each tenant is on a month to month lease.
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The property is separately metered.
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The property is north of northern parkway just off York rd.
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5 minute drive to Towson University.
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8 minute drive to Towson Town Center.