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$145,000

Beds
3
Baths
1.0
sq ft
952

3400 Elmley Ave, Baltimore, MD 21213

3400 Elmley Ave

BALTIMORE, MD 21213

  • 22 days on market
    • Price drop $10,000↓
Investment Opportunity: Newly Tenanted Rental Property. Looking for a solid addition to your rental portfolio? This newly tenanted property, perfect for investors, is ready to bring income your way. The tenant just moved in on August 1st, 2024, and has a signed one-year lease in place. With professional property management already in place, you can easily maintain continuity or bring in your own team. The current rent is $1,900 per month, partially covered by assistance programs and partially by the tenant. Property Details: Bedrooms: 3 (currently set up as 2BR and an office/den) Bathrooms: 1 full bath (upper level) Basement is: Unfinished but clean and ideal for storage. Recent Updates: Fresh paint, cabinetry, counters, SS appliances Built-In Microwave, SS Refrigerator and Stove (3) window AC units and flooring. This property is a prime investment with minimal effort needed on your part. If you're interested, act quickly—this opportunity won’t last long!

Details

Property type

Townhouse

Est. home value

$126,949

Lot size

1,190 sq ft

Price per sq ft

$153

Year built

1925

Annual property taxes

$2,329

HOA

No

Price History

09/11/2024
Bright

Bright #MDBA2137668

Price change
$145,000
-6.45%
08/29/2024
Bright

Bright #MDBA2137668

Listed
$155,000
+124.64%
05/31/2024
Bright

Bright #MDBA2104114

Sold
$69,000

Schools & Community

Neighborhood: 

Belair-Edison

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Ally Bank

Loan start date

June 2012

Original loan amount

$88,000

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Stand Alone Second, 30 year

Seller

Acquanette Dukes

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: 09/20/2024 at 6:45 AM

Listing updated: 09/19/2024 at 9:17 PM

Listed by: Kevin L Reeder, RE/MAX Advantage Realty Phone #: (410) 391-6900

MLS: Bright #MDBA2137668

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