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Archived over 4 years ago

$360,000

7+ bd 3 ba 0 sqft

4308 Hamilton Ave, Baltimore, MD 21206

Residential Triplex Occupied

Current Rent **

$3,430

Projected Rent **

$4,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Sakina Stamper

Unit 1 Details
  • Current Rent: $1,300
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $930
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $1,200
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Income Generating Multi Unit

Wholesale deal. Looking for a multi-unit in a stable area? Look no further and Add this one to your rental portfolio now! Make money from day one! Delivered tenant occupied with paying tenants that would like to continue to renew their leases! Great CASH FLOW! Generating about $3430 in monthly rental income, just over $41k annually. Tenants responsible for their own utilities. Owner pays for water, taxes, and insurance. Property has 3 UNITS with leases that expire this year (2021) or are currently month to month. Amenities include Off street parking pad on the side of the property, and great outdoor space for them to enjoy. Updates have been made in each unit including renovated bathrooms and kitchens with new appliances and beautiful backsplashes in each unit. New paint and flooring updates were all made within the last year. Sold Strictly As-IS. This is an assignment contract to purchase.
Link to virtual tour: https://youtu.be/BZXsHpHwGk0

Location:

4308 Hamilton Ave, Baltimore, MD 21206

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.