2800 Block of E. FEDERAL ST. BEREA, BALTIMORE, MD. 21213
2800 Block of E. Federal St. Baltimore, Md. 21213
5 beds - 2.5 bath
Your Price: $59,900
Located in the "BEREA" area of East Baltimore. Property owners mostly take pride in their homes and there is a tight homeowner association.
It's resulted in above-average property values and rent rates compared to other nearby neighborhoods. Real estate investors love the area...
And this is a perfect chance for you to buy and hold - as rents can range from $1,400 - $1,700/month for updated properties.
Recently (2) properties Sold on Federal St. in the 90-99k range and they were Not rehabbed. And 2624 E. Biddle St. - a rehabbed property - sold for 125k. in October 2015.
This property has great bones and is large with many rooms. The kitchen, along with a full bath, is in the basement; 1st floor has living and (2) potential beds and 2nd floor has (3) beds and full bath. It has an updated roof, hardwood floors, rear addition, and (2) car parking pad. Some easy updating needed but not much to make it a fine rental to add to your portfolio!
Easy Access. ARV= $125,000 Rent Rate ~ $1400-1700/monthYour Price: $59,900 Terms: $2,500 deposit, Cash buyer, sold as-is, buyer pays closing costs and transfer taxes, title being processed, use our contract settle with-in 3 weeks.
* I am not the property owner but am the purchaser via contract owner with the intent of assigning my interest in it. Third party marketing by others in strictly prohibited and against the law if you are not in the chain of title. Please refrain from doing so!
