Turn Key Rental Pays You $1,850/mo (Needs Nothing!) Pending

  • $180,000
  • 3 beds
  • 1.5 baths
  • 1,280 sqft

8107 Clyde Bank Rd, Towson, MD 21286


Details:

Great opportunity for long term buy and hold investor! Recent updates include new furnace, paint, flooring, countertops, and appliances. Currently rented to a subsidized tenant for $1,850 per month (approximately $1300 is subsidized portion).

  • 3 Beds / 1.5 Baths

  • Half of basement fully finished/ other half is utility room

  • Rent: $1,850/month

Comps up to $225,000 (https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=13454409567)

Showings available but limited due to corona virus.

 

Deal economics:

$180,000 PP

$36,000 down payment (20%), (5% interest, 30 years), $2,648 taxes annually

$943.94 mortgage payment

$1,850 – 943.94

= $906.06 monthly NOI (Net Operating Income) before property management

 

 

Purchase Price: $ 180,000

Submit Offer

 

 

Geographic Information
County: Baltimore, MD
Municipality: Unincorporated
High Sch Dist: Baltimore County Public Schools
Tax ID: 04090903474140
Tax Map: 70
Tax ID Alt: 04090903474140
Block: 10
City Council Dist: 9
Lot: 4
Parcel Number: 713
Grid: 23
Qual Code: AVERAGE
Sub District: 9
Assessment & Tax Information

 

Tax Year: 2020
County Tax (Est): $2,059
Asmt As Of: 2020
Annual Tax (Est): $2,648
Taxable Land Asmt: $74,000
Taxable Bldg Asmt: $112,200
State/County Tax: $2,060
Taxable Total Asmt: $181,467
Special Tax: $477

 

Class Code: NON-EXEMPT
Lot Characteristics

 

Sq Ft: 2,480
Acres: 0.0570
Building Characteristics

 

Stories: 2.00
Total Units: 1
Abv Grd Fin SQFT: 1,280
Below Grade Fin SQFT: 320
Below Grade Unfin SQFT: 320
Model: Center Unit
Fireplace Total:
Patio Deck Type: DECK
Porch Type: Open
Full Baths: 1
Total Baths: 1.0
Exterior: Brick/Stone
Residential Style: Attchd/Row Hse Int
Stories Desc: 2
Basement Desc: Finished
Porch/Deck SQFT: 84
Patio/Deck SQFT: 162
Heat Delivery: Forced Air
Property Class Code: R
Water: Public
Sewer: Public
Year Built: 1953
Total Below Grade SQFT: 640
Sec 1 Construction: Sec 1 Area: 162 Sec 1 Story Type:
Sec 2 Construction: Sec 2 Area: 84 Sec 2 Story Type:
Sec 3 Construction: Sec 3 Area: 1280 Sec 3 Story Type: 2B
Codes & Descriptions

 

Land Use: 010 Residential
County Legal Desc: 8017 CLYDE BANK RD LOCH RAVEN
Use Type: Th-c 2 Story With Basement

 

Price:
$180,000
Address:
8107 Clyde Bank Rd
Towson, MD 21286
Square Feet:
1,280
Lot Size:
2,478
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Townhouse
Year Built:
1953

Call 410-316-6197 for more details

Property Location