3404 OAKENSHAW PL Pending

Baltimore,MD 21218

$ 399500

- Bed

- Bath

2049 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 2,049 sqft

Price per Sqft $194

MLS Listing ID MDBA2145086

Style Colonial

Year Built 1922

Annual Tax Amount $6,214

Tax Year 2024

Property Description

OFFER DEADLINE TUESDAY, NOVEMBER 5 BY 10:00AM. GIVEN TENANTS, PLAN IS TO SCHEDULE ON WEEKENDS. Investor alert. Rental income from home and garage! It?s actually a single family home. SELLER HAS MOVED OUT OF TOWN AND SO IS READY TO LET GO OF HIS CASH COW! Rented through June 2025 at $4700 per month. Garage rented month to month for $150.00. So gross equals $58,200. Expenses average approx. $10,500.00 or less per year. So, make a sweet profit from year one! House has been a rental since 2009 and never had a vacant month. Seller has always rented for 2 year intervals and may already have a group of JHU students who could start when this lease ends in June. Current tenants help find new ones! (FYI, expense break down: $1500-1750 per year for repairs, $2000.00 + every two years to prepare the home for the next group. Insurance is $1756 , taxes are $5919 per year. ) Tenants are required to have renters insurance. Parents guarantee. Tenants pay water bill and other utilities. And this home structurally is in good condition. Heat, electricity and plumbing is updated. Newer pipes even. The roof is new in 2019, hot water heater this year, solid gas furnace, etc. And, despite its rental history, is a solid home with original detail and charm, five bedrooms, two full baths. Someday, maybe now, one can easily return this to a homeowner. It?s located on a tree-lined street in the heart of historic Oakenshawe, It?s a wonderful neighborhood. If you enjoy the outdoors, this home has a lovely covered front porch and a private back patio. For a homeowner, this one just needs some sprucing up. Be sure to notice the hardwood flooring with walnut banding, the wood burning fireplace, and a modern kitchen with stainless steel appliances, a butler's pantry and French Doors leading to your back patio. This home also has a detached two-car garage with automatic openers. And location is everything! We are just blocks away from Johns Hopkins University, the Baltimore Museum of Art, Gertrude's Restaurant, Charles Village, Guilford and Sherwood Gardens, and oodles of restaurants and cafes.

Location

State MD

County Baltimore City

Zoning R-6

Interior

Hot Water Natural Gas

Heating Hot Water,Radiator

Cooling Ceiling Fan(s),Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Equipment Dishwasher,Dryer,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Stove,Washer

Exterior

Garage Covered Parking,Garage Door Opener

Garage Spaces 2.0

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Slate

Building

Lot Description No Thru Street,Rear Yard,Front Yard

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District Baltimore City Public Schools

Others

Special Listing Condition Standard

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