4954 Edgemere Ave. Baltimore, MD 21215View all Listings
Address: 4954 Edgemere Ave. Baltimore, MD 21215
Located in a highly desirable, central area – this property is a few blocks away from several parks, The Maryland Zoo and very short ride to Mondawmin Mall. The central location is ideal for commuting downtown, but also easy to travel out of town. Coppin State University is less than one mile away, drawing a diverse tenant base to the neighborhood. We recently renovated and rented a property very close to here that had multiple applicants in just 3 days on market, and we have over 20 properties in the vicinity. This property sits on a very clean block with no vacant properties.
$549 monthly cash flow after all expenses, before vacancy/maintenance
Resale comps in neighborhood $220,000
Not eligible for buy down rate assume 6.5%
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