$545 monthly cash flow after all expenses, before vacancy/maintenance
8.5% net cash on cash year one, 11.3% net cash on cash year five
Resale comps in neighborhood $215,000
1427 E Federal St., Baltimore, MD 21213 Sold
- $202,000
- 3 beds
- 1.5 baths
Sold
- Price:
- $202,000
- Address:
- 1427 E Federal St
Baltimore, MD 21213 - Lot Size:
- 1,050
- Bedrooms:
- 3
- Bathrooms:
- 1.5
- Terms:
- For Sale
- Property Type:
- Home
- Basement:
- Unfinished
Additional Features
This property is located a short distance to Gwynn Falls Park, and very close to Coppin State University and Carver Vocational Tech School – this is in an ideal central location close to several large employers, with easy access to downtown and out of town via the Beltway. The area is a short ride to Mondawmin Mall and other shopping venues and is right around the corner from a local church, along with several small parks and two large parks. We have numerous properties in this immediate vicinity that are all consistently rented & quickly.