tomo logo

$375,000

Beds
5
Baths
2.5
sq ft
2,059

6401 Walnut St, Gwynn Oak, MD 21207

6401 Walnut St

GWYNN OAK, MD 21207

  • Coming soon
Discover a prime investment opportunity at 6401 Walnut St in Gwynn Oak, MD. This fully renovated duplex offers two spacious units, each generating $1,800 monthly. Unit 1 features 2 bedrooms, 1.5 baths, and Unit 2 boasts 3 bedrooms and 1 full bath. With separate entrances and updated mechanicals, this property is ideal for owner-occupants seeking rental income or investors aiming for solid returns. Additional highlights include a two-car garage and a month-to-month tenant in Unit 2, providing immediate income potential. Seize this chance to own a turnkey property in a great location. Nothing to do here except hurry and own it! These opportunities don't come around very often.

Details

Property type

Single Family Residence

Est. home value

$280,877

Lot size

6,875 sq ft

Price per sq ft

$183

Year built

1926

Annual property taxes

$2,648

HOA

No

Price History

01/25/2023
Bright

Bright #MDBC2053598

Sold
$260,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE COUNTY 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

$129,268
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$215,732
Cash to seller
$129,268

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

January 2023

Original loan amount

$221,000

Est. remaining balance

$215,732

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Olalekan Alo

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: Coming Soon

Tomo last checked: 02/23/2025 at 11:30 PM

Listing updated: 02/21/2025 at 9:09 AM

Listed by: Bob Kimball, Redfin Corp Phone #: (410) 202-8454

MLS: Bright #MDBC2118408

Bright logo

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