tomo logo

$140,000

Beds
3
Baths
1.5
sq ft
Unknown

1823 Ramsay St, Baltimore, MD 21223

1823 Ramsay St

BALTIMORE, MD 21223

  • 12 days on market
Invest authentically; this is a 3-bedroom, 1 full bathroom, and 1 half bath rental property. This property is subject to the existing lease, meaning the tenant comes with the purchase. Currently, the tenant is paying 1600 a month. Also, the tenant has been fully screened and has a positive rent history for our rent roll. With an above-average rent at 1600, your total gross rent for the year would be 19,200 and 16,320 after operating expenses, Making this potential acquisition an 11% capitalization rate. If you have any questions, feel free to reach out to me

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$543

HOA

No

Price History

06/17/2024

Bright #MDBA2129526

Listed
$140,000
+274.33%
04/22/2021

Bright #MDBA538832

Sold
$37,400

Schools & Community

Neighborhood: 

Carrollton Ridge

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

Kg Premier Properties Llc

Loan start date

July 2023

Original loan amount

$123,000

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Purchase Money Mortgage

Seller

514 N Pulaski 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: 06/29/2024 at 9:15 AM

Listing updated: 06/18/2024 at 5:54 PM

Listed by: ifeanyichukwu A Opara, Berkshire Hathaway HomeServices Homesale Realty Phone #: (410) 814-2400

MLS: Bright #MDBA2129526

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