4954 Edgemere Ave. Baltimore, MD 21215

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$206,000

Address: 4954 Edgemere Ave. Baltimore, MD 21215

Bedrooms
3
Baths
1.5
Terms
For Sale
Property Type
House
Monthly Cash Flow
$ 549

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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