6237 Laurelton Ave, Baltimore, MD 21214
- $250,000
- 1,280
- SqFt
- List Price
- $250,000
- Days on Market
- 15
- Status
- ACTIVE
- MLS#
- MDBA2211784
- Living Area
- 1,280
- Lot Size (Acres)
- 0.13
- Style
- Colonial
- Year Built
- 1959
- County
- Baltimore City
- School District
- Baltimore City Public Schools
Property Description
Welcome to 6237 Laurelton Avenue! Attractively priced two-unit property offering flexibility for both investors and owner-occupants. The property includes a two-bedroom, one-bath lower unit and a one-bedroom, one-bath upper unit, with the units recently rented for a combined $3,050 per month. At the $250,000 list price, the prior rent roll represents $36,600 in annual gross scheduled rent, a gross yield of approximately 14.6%, and a gross rent multiplier of roughly 6.8x. Delivered vacant, 6237 Laurelton is a compelling opportunity for a small multifamily investor or house hacker looking for immediate lease-up potential and multiple paths to value.
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Additional Information
- Taxes
- $3501
- School District
- Baltimore City Public Schools
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of HomeSmart. Contact: 4432697310