🏦 Clean 3/1 Baltimore City Rental Available

  • $79,900
  • 3 beds
  • 1 baths

1718 Lorman St, Baltimore, MD 21217


Details:

Here’s your next Baltimore City rental property! This property could cash flow $477 per month after PITI!

  • 3 Beds / 1 Bath

  • $1300 monthly rent after $10,000 in light rehab

  • $79,900 Purchase Price

Submit Offer

Cash Flow calculation:

$79,500 purchase

$9,500 closing costs & finance

$10,000 rehab

=$99,000

$100,000 mortgage/ 10% down/ 7% interest/ 30 year term

= $823 PITI

$1300 rent – $823 PIMI

= $477 cash flow

 

Geographic Information
County: Baltimore City, MD
High Sch Dist: Baltimore City Public Schools
Tax ID: 0315090027 069
Tax Map: 0015
Tax ID Alt: 15090027 069
Block: 0027
Tax Act Num: 090027 069
City Council Dist: 15
Lot: 069
Qual Code: Average
Sub Section: 09
Sub District: 0
Legal Subdivision: Ward 15
Assessment & Tax Information

 

Tax Year: 2022
County Tax: $45
Municipal Tax: $899
Asmt As Of: 2022
Annual Tax: $944
Taxable Land Asmt: $9,000
Taxable Bldg Asmt: $31,000
State/County Tax: $45
Taxable Total Asmt: $40,000

 

Lot Characteristics

 

 

Zoning: R-8
Zoning Desc: General Residence District

 

Building Characteristics

 

Total Units: 1
Model: Rental Dw
Fireplace Total:
Bldg Condition: Average
Property Class Code: R
Year Built: 1900
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: 13X87-4
Price:
$79,900
Address:
1718 Lorman St
Baltimore, MD 21217
Lot Size:
1,131
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1900

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197