Turnkey "B" Class Rental in Baltimore County: Great Tenants

7 Replies

Price $125,000
Location 909 Middlesex Rd, ., Essex, MD, 21221
Property Details

Townhouse

  • Current Rent: $1,373
  • Square Footage: 1096
  • Bedrooms: 2
  • Bathrooms: 2.0
  • Occupied: Yes
  • Lot Size: 1598

Turnkey rental with great tenants in Essex, Maryland -- a solid Baltimore County suburb where many local investors seek rentals.  I have high confidence in this property and the tenants so I will guarantee the rent and pay for your choice of property management through August 31, 2019.  

If you are looking for a PM, here is a blogpost with property manager recommendations by a respected BP contributor.

Rent: $1,373/month -- produces great cashflow.

Tenants: A couple with a housing voucher. They take great care of the house and the photos below were taken in November during their occupancy.  Application & tenant screening results available upon request. 

The Property:  Beautiful renovation featuring hardwood floors, stainless steel appliances, finished basement with full bath. New windows. Updated HVAC and tankless water heater. Certified lead free (lifetime cert).

CompsHere (all 5 comps at this link have 2 bedrooms on the 2nd floor; the 3-bedroom listings are counting the basement as the 3rd bedroom)

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.

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.

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