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$245,000 / 03067ft2 - EXCELLENT BALTIMORE MULTI-FAMILY INVESTMENT OPPORTUNITY ON DENISON ST.
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*APPROVED ARCHITECTURAL PLANS AND ACTIVE RENOVATION PERMIT
*CONFIGURATED FOR 3 SEPARATE UNITS WITH PRIVATE ENTRANCES
* 9 BEDROOMS/ 4 BATHROOMS
* 3 KITCHENS READY FOR BUILD OUT
* INTERIOR DEMOLITION ALREADY COMPLETED
* BASEMENT HAS HIGH CEILING AND WILL ACCOMODATE 2 ADDITIONAL BEDROOMS AND A BATHROOM
* COPY OF APPROVED PLANS ARE AVAILABLE UPON REQUEST
WHAT MAKES THIS A GREAT INVESTMENT OPPORTUNITY IS THAT THE SELLER HAS PLUMBING, HVAC, ELECTRICAL AND FRAMING LICENSED CONTRACTORS READY TO COMPLETE THE PROJECT FOR $125K.
THIS MEANS THAT $245K FOR THE PURCHASE AND $125K TO COMPLETE CONTRUCTION, THE BUYER HAS $370K INVESTED. A 30 YR MORTGAGE FOR $370K AT 6% INTEREST ONLY REQUIRES A MONTHLY PAYMENT OF $2218. THE 3 MULTI-FAMILY UNITS RENTING FOR $1725-2 BDRM, $1875-3BDRM, AND $2150-4 BDRM ALLOWS THE BUYER $3532 POSITIVE MONTHLY CASH FLOW.
IF INTERESTED, CALL ANTHONY AT show contact info TO SCHEDULE A SITE VISIT.