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$169,950

Beds
5
Baths
1.5
sq ft
Unknown

722 N Kenwood Ave, Baltimore, MD 21205

722 N Kenwood Ave

BALTIMORE, MD 21205

  • 20 days on market
Welcome to 722 N Kenwood Ave—a true cash cow! This tenant-occupied investment property is currently collecting $2,000 in monthly rent from a long-term tenant with a perfect payment history. Featuring 5 bedrooms and 1.5 bathrooms, this Baltimore townhouse is an ideal addition to any rental portfolio, offering excellent cash flow. The main floor includes a living room, kitchen, dining room, and a bedroom, while the upper level offers three bedrooms and a full hallway bathroom. One bedroom even boasts a private walkout deck! The finished, walkout basement adds an additional bedroom, a half bath, and a laundry room, enhancing the property's appeal. Whether you’re expanding your portfolio or looking for steady rental income, this property checks all the boxes. Schedule your showing today!

Details

Property type

Townhouse

Est. home value

$146,374

Lot size

951 sq ft

Price per sq ft

Unknown

Year built

1890

Annual property taxes

$2,950

HOA

No

Price History

10/30/2024
Bright

Bright #MDBA2145030

Listed
$169,950
+25.89%
06/30/2022
Bright

Bright #MDBA2029148

Sold
$135,000
+213.95%
10/28/2020
Bright

Bright #MDBA515488

Sold
$43,000

Schools & Community

Neighborhood: 

Madison - Eastend

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

$57,075
Asking price
$169,950
Closing costs (~8% of asking)
-$13,596
Est. remaining loan balance
-$99,279
Cash to seller
$57,075

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

Seller’s Loan History

Lender

Buckingham Mortgage Llc

Loan start date

March 2023

Original loan amount

$101,250

Est. remaining balance

$99,279

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Umbrella House 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: 11/19/2024 at 5:25 PM

Listing updated: 10/30/2024 at 9:44 AM

Listed by: Yevgeny Drubetskoy, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDBA2145030

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