tomo logo

$120,000

Beds
5
Baths
1.0
sq ft
Unknown

1904 Mosher St, Baltimore, MD 21217

1904 Mosher St

BALTIMORE, MD 21217

  • 29 days on market
Excellent Investment Opportunity Awaits! Welcome to 1904 Mosher Street, a large home offering grand sized spaces sure to be enjoyed! This is a long-time tenant occupied Property with impressive income potential, currently generating $15,816 in annual revenue. The in-place tenant wishes to stay on and is currently paying $1,318 monthly. Access for showings are based on friendly tenants schedule usually within 24-48 hours- but will do best to accommodate. This home offers 5 large bedrooms on the upper levels and has had a recent comprehensive renovation with a newer HVAC system, roof, kitchen, and updated bath on 4 levels which offer many charming architectural details including a beautiful staircase with original bannisters, a large sky light at the top landing, transom windows, and exposed brick walls. There is ample storage space in the basement which could be finished off for additional living space. The backyard features a fenced area and parking pad for hassle-free off-street parking. The location offers ease of convenience to major travel routes and downtown at an excellent price point. Buyer is responsible for verifying ground rent. This property is ideal for those seeking a solid investment opportunity in a great location!

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$354

HOA

No

Price History

06/02/2024

Bright #MDBA2127546

Listed
$120,000
05/15/2024
BrightMLS

BrightMLS #MDBA2125450

Removed
05/11/2024
BrightMLS

BrightMLS #MDBA2124342

Removed
$135,000

Schools & Community

Neighborhood: 

Midtown-Edmondson

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$40,118
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$70,282
Cash to seller
$40,118

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Plains Commerce Bank

Loan start date

March 2022

Original loan amount

$73,500

Est. remaining balance

$70,282

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Eric Leung

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: 07/01/2024 at 11:30 AM

Listing updated: 06/02/2024 at 11:03 AM

Listed by: Nikolas R Groshans-Lozada, NextHome Envision Phone #: (301) 881-6398

MLS: Bright #MDBA2127546

Bright logo

Recently listed in BALTIMORE

$324,900|4 bd|3.0 ba|Townhouse
$329,000|2 bd|2.5 ba|Townhouse
$294,900|3 bd|2.5 ba|Townhouse
$164,900|3 bd|2.5 ba|Townhouse
$375,000|4 bd|3.5 ba|Townhouse
$250,000|2 bd|1.0 ba|Townhouse
$315,000|4 bd|2.5 ba|House