Meets 2% Cashflow Rule (Fully Rented, Updated Duplex)
615 Bartlett Ave, Baltimore, MD 21218
Details:
Fully rented Duplex, very clean and updated in past 5 years! Separately metered, $1000 in cashflow (combined rent) per month
- Unit 1: One (1) bed/ 1 bath, first floor only ($350 per month)
- Unit 2: Two (2) bed/ 1 bath, second and third levels ($650 per month)
Deal Economics:
$49,500 PP
$9,900 (20% down)
$381.17 monthly payment (assuming 6%, 15 year amortization, 20% down)
=$618.83 Net income per month
| County: |
Baltimore City, MD |
| In City Limits: |
Yes |
| Municipality: |
Baltimore City |
| Subdiv / Neigh: |
EAST BALTIMORE MIDWAY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bed |
Bath |
|
|
|
|
| Main |
1 |
1 Full |
| Upper 1 |
1 |
1 Full |
| Upper 2 |
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Building Info |
|
|
|
|
|
|
|
|
|
| Construction Materials: |
Brick |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Lot |
|
|
|
|
|
|
| Lot Acres / SQFT: |
0a / sf |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Ground Rent |
|
|
|
|
|
|
| Ground Rent Amount: |
$150 / Annually |
|
|
|
|
|
|
|
|
|
|
| Capitalized Value: |
$2,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Parking |
|
|
|
|
|
|
|
| Total Parking Spaces |
Unknown |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interior Features |
|
|
|
| Interior Features: |
Combination Kitchen/Dining, No Fireplace, Accessibility Features: None |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Utilities |
|
|
|
| Utilities: |
No Cooling, Cooling Fuel: Electric, Heating: Forced Air, Heating Fuel: Natural Gas, Hot Water: Natural Gas, Water Source: Public, Sewer: Public Sewer |
|
Purchase Price: $49,950
