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$126,000

Beds
3
Baths
2.0
sq ft
1,120

2350 Sidney Ave, Baltimore, MD 21230

2350 Sidney Ave

BALTIMORE, MD 21230

  • 207 days on market
    • Price drop $1,900↓
Located in South Baltimore's Westport neighborhood, this recently renovated property has great charm. An investors delight, this property is currently bringing in $1,675 in monthly rent. Build your rental portfolio with this great unit. Recent updates include vinyl flooring throughout, updated bathrooms, finished basement (with full bath), updated kitchen and more. DON'T MISS OUT on this great opportunity. This up-and-coming neighborhood is currently undergoing revitalization by developer "Stonewall Capital", in partnership with Ryan homes. The "One Westport Development" project will bring over 200 newly built townhomes, and more than 300 apartment units to the community. This project will also improve the neighborhoods current value by adding businesses and job opportunities for local families in the area.

Details

Property type

Townhouse

Lot size

1,148 sq ft

Price per sq ft

$113

Year built

1923

Annual property taxes

$661

HOA

No

Price History

03/25/2024

Bright #MDBA2092586

Listed
$126,000

Schools & Community

Neighborhood: 

Westport

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

$35,478
Asking price
$126,000
Closing costs (~8% of asking)
-$10,080
Est. remaining loan balance
-$80,442
Cash to seller
$35,478

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

Seller’s Loan History

Lender

Eplanet Mortgaeg Llc

Loan start date

September 2022

Original loan amount

$82,500

Est. remaining balance

$80,442

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Joseph Lee Austin Jr

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 9:50 AM

Listing updated: 05/11/2024 at 6:22 AM

Listed by: Ebony Mcclenny, Samson Properties Phone #: (443) 317-8125

MLS: Bright #MDBA2092586

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