2512 E CHASE ST new to site Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21213
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $92
Subdivision Biddle Street
MLS Listing ID MDBA2184702
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1905
Annual Tax Amount $1,024
Tax Year 2024
Lot Size 1,022 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
Investor Opportunity – Tenant-Occupied Property in Baltimore, MD
Excellent investment opportunity with this 1,409 sq. ft. home featuring 3 bedrooms and 1 bathroom. The property is currently tenant-occupied on a month-to-month lease, providing immediate rental income and flexibility for the next owner.
The home is equipped with essential appliances including a refrigerator, stove/oven, and washer/dryer, making it a practical rental option for continued occupancy. Current rent is $1,500 per month ($18,000 annually), delivering an estimated 14.4% cap rate at the list price of $125,000. With market rent potential of $1,600 per month ($19,200 annually), the property offers the possibility of achieving a cap rate of approximately 15.4%.
Whether you're expanding your portfolio or seeking your first investment property, this is a turnkey opportunity with proven income and attractive ROI. Contact me today for more information.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Concrete,Carpet,Laminated
Equipment Refrigerator,Washer,Stove,Dryer
Laundry Washer In Unit,Dryer In Unit
Exterior
Exterior Feature Porch(es)
Utilities Available Electric Available,Cable TV Available,Natural Gas Available,Phone Available
Water Access N
Roof Type Flat
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District Baltimore City Public Schools
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard