1741 Mcculloh StBaltimore, MD 21217

For Sale
$249,000
High-Yield Baltimore City Investment

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Baltimore City multifamily property offers a compelling investment opportunity. Priced at $249,000, this three-unit portfolio comprises two one-bedroom, one-bathroom apartments and a retail space, currently generating a combined monthly rental income of $2,500. Located at 1741 McCulloh Street, Baltimore, MD 21217, the property presents a strong cash flow potential with a price per unit of $83,000. The current tenants provide a stable income stream, although 24-hour notice is required for viewings due to their work schedules. This turnkey investment is ideal for those seeking immediate returns. The seller is open to owner financing options, requiring a 50% down payment and a five-year payoff period at a 9% annual percentage rate. This presents a unique chance to acquire a well-performing property in a desirable location with flexible financing terms. The property's combination of residential and retail space offers diversification and potential for future growth. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

Highlights

  • $249,000 asking price for a three-unit multifamily property.
  • Located at 1741 McCulloh St, Baltimore, MD 21217.
  • Property consists of two 1-bedroom/1-bathroom apartments and retail space.
  • Generating $2,500 in monthly rental income.
  • Owner financing considered with 50% down and a 5-year, 9% APR payoff.

Property Details for 1741 Mcculloh St

Property type
Residential income homes
Units
3

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.3065144
Longitude
-76.6324547
1741 Mcculloh St, Baltimore, Maryland

FAQs

What type of property is this?
Residential income home - High-Yield Baltimore City Investment
Where is the residential income home located?
The property is located at 1741 Mcculloh St Baltimore, MD.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: $249,000 asking price for a three-unit multifamily property.; Located at 1741 McCulloh St, Baltimore, MD 21217.; Property consists of two 1-bedroom/1-bathroom apartments and retail space.
How can I contact the broker?
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1741 Mcculloh St
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