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Sold almost 5 years ago

$79,500

3 bd 2 ba 0 sqft

511 Richwood Ave. , Baltimore, MD 21212

Residential SFR

Current Rent **

$1,329

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Investors Delight ~ Cash Flow at Closing!!! Price 79,500

Investors Delight ~ Cash Flow at Closing!!!

EASY TO RENT HOUSE HOUSE SALES PRICE $79,500

511 Richwood Ave. Baltimore, MD 21212
3 bedrooms, 2 bathrooms finished Basement Central Air
This house has a new section 8 tenant and the rent is $1,329 per month.
Section 8 pays %100 of the rent!

Yes we did the work. It is rented for $ 1,329 .00 per month!
This was rehabbed in 2007 with permits. The tenant just moved in with new section 8 lease.
Buyer pays closing cost estimated closing cost $2,300.00

Comps
5608 Clearspring Rd. Baltimore MD sold $154,000 Feb. 27, 2019
627 East 37th St. BALTIMORE MD 21218 sold $110,000 April. 23, 2019
524 Winston Ave Baltimore MD sold $140,000 date January. 26, 2019

We have a team in Baltimore that will assist you with everything!

To view details: https://washingtondc.craigslist.org/mld/reo/d/baltimore-investors-delight-cash-flow/6885177049.html

Location:

511 Richwood Ave. , Baltimore, MD 21212

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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.