3603 W Forest Park Ave, Baltimore, MD 21216
- $374,900
- 3,364
- SqFt
- List Price
- $374,900
- Price Change
- ▼ $5,000 1783663082
- Days on Market
- 99
- Status
- ACTIVE
- MLS#
- MDBA2211906
- Living Area
- 3,364
- Lot Size (Acres)
- 0.13
- Style
- Colonial
- Year Built
- 1920
- County
- Baltimore City
- School District
- Baltimore City Public Schools
Property Description
Turnkey, income-producing 3-unit property—fully leased and renovated—offering strong cash flow with upside potential. The first-floor unit is a spacious 3-bedroom, 1-bath residence (1,516 sq ft) currently generating $1,275/month. The second level features two 2-bedroom, 1-bath apartments: Unit 2A (750 sq ft) at $1,065/month and Unit 2B (798 sq ft) at $992/month. Total current monthly income is $3,332, with opportunity for future income growth. Completely renovated in 2019, the property includes updated systems throughout—HVAC, hot water heaters, and common laundry in the basement. Each unit offers modernized kitchens and baths along with updated flooring, providing a clean, attractive living environment for tenants. An excellent opportunity for investors seeking a stable asset with immediate income and room for growth. With an accepted offer and proof of funds, documentation including tenant leases, lead certifications, and year-to-date rent roll will be provided. Mortgage savings may be available for buyers of this listing.
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Additional Information
- Taxes
- $7165
- School District
- Baltimore City Public Schools
- Exterior Features
- Awning(s)
- Heating
- Central
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Redfin Corp. Contact: 3016586186