Baltimore County Rental
Selling this occupied rental to raise cash for another project. Rented at $1,373/month to great tenants. Produces lots of cash flow. Beautiful renovation featuring hardwood floors, stainless steel appliances, finished basement with full bath. New windows. Updated HVAC and tankless water heater. Certified lead free.
What Tenants Love About the Home
Tenants love the covered front porch, private parking, and central AC. They also love the finished basement that acts as a bonus room and features a 2nd full bath. It was very easy to rent -- it rented before the renovation was complete.
Financials
Rent: $1,373/month
Monthly Cashflow when Financed: $253 (assuming standard FHA rental property mortgage)
Tenants are a married couple w/ 1 child. Both adults are employed. Application, lease, and tenant info available upon request.
Neighborhood
Essex is a neighborhood in Baltimore County (not city) where many investors and funds hold rentals due to the high rent:price ratio. Good schools, low taxes, good economy w/ strong tenant base.
Additional Info
Address: 909 Middlesex Rd, Essex, MD 21221
Please reply to this post for additional info or to arrange a showing. Photos are on Dropbox here.