tomo logo

$119,900

Beds
3
Baths
2.0
sq ft
1,600

1705 W North Ave, Baltimore, MD 21217

1705 W North Ave

BALTIMORE, MD 21217

  • 17 days on market
Incredible investment! Fully Rented - photos were taken prior to tenants moving in. Earn up to $800+/month and achieve over a 30% Cash-on-Cash return. This lead-certified, registered, and licensed property is an ideal income-generating opportunity. Formerly a two-unit property, it is set up perfectly for roommates with separate living areas, featuring an upstairs 2BD/1BA with a kitchen and a main-level 1BD/1BA with a kitchen. Currently leased for $1,900/month ($950 per living area), all the hard work is done! Both tenant are on annual leases that run through September 2025. The seller purchased the property in 2023, renovated the main floor, and made various improvements throughout. Now, it is fully leased and professionally managed. The seller needs to sell for personal reasons, and the property has been priced to sell—firm price. Offering approximately 1,600 sq. ft. of living space, the main floor features new flooring, a new kitchen, a new bathroom, updated appliances, fresh paint, and modern fixtures. The upstairs unit is in rentable condition with a huge front bedroom, large second bedroom, an updated bathroom, and a rear kitchen with a small deck/outdoor space. The property includes HVAC, an estimated 1,600 sq. ft. of above-ground finished space, and a full basement for storage. Conveniently located two blocks from the Penn North Metro Stop and near Mondawmin Mall and Coppin State University, with easy access to I-83. Showings must be coordinated through the property management company. Don’t miss out! If you're looking for cash flow and equity, buy this property today! Priced to sell and offered as-is—firm price. Love it or leave it! Our 12-month "Buy it Back or Sell it for Free Guarantee" gives you peace of mind. Do you have a home to sell? Buy this home, and we will buy yours for cash!* Reach out today!

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$75

Year built

1920

Annual property taxes

$1,038

HOA

No

Price History

03/15/2025
Bright

Bright #MDBA2159258

Listed
$119,900
-4.08%
12/06/2024
Bright

Bright #MDBA2141034

Removed
$125,000
10/15/2024
Bright

Bright #MDBA2141034

Price change
$125,000
-24.24%

Schools & Community

Neighborhood: 

Sandtown-Winchester

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Kiavi Funding Inc

Loan start date

July 2023

Original loan amount

$107,200

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Building or Construction Loan

Seller

Boakye Family Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 1:35 AM

Listing updated: 03/15/2025 at 4:54 PM

Listed by: Dimitrios Lynch, ExecuHome Realty Phone #: (443) 632-3000

MLS: Bright #MDBA2159258

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