$465 monthly cash flow after all expenses, before vacancy/maintenance
6.8% net cash on cash year one, 10.2% net cash on cash year five
Resale comps in neighborhood $220,000
CRMD Turnkey Baltimore Package 2022
2857 W Lafayette Ave., Baltimore, MD 21216 For Sale
- $200,000
- 2 beds
- 1.5 baths
- Price:
- $200,000
- Address:
- 2857 W Lafayette Ave
Baltimore, MD 21216 - Lot Size:
- 1,118
- Bedrooms:
- 2
- Bathrooms:
- 1.5
- Terms:
- For Sale
- Property Type:
- Home
- Basement:
- Unfinished
Additional Features
Located on the Eastern side of town with easy access to I-95 and to downtown, and close proximity to the Johns Hopkins Hospital, this neighborhood is an ideal location for workers that commute to the airport, warehouse areas, port of Baltimore or directly downtown. The area has been undergoing significant redevelopment over the past couple years and is a hot spot for investor rehab activity. There has been significant renovation activity in the area over the past several years. This has led to an influx of young buyers in the neighborhood, well fed by the proximity to Hopkins. We are actively renovating properties in this area, and we have several other properties under management nearby. *The interior pictures are samples of previous properties we have completed with a similar layout. The final renovated pictures will be sent upon completion*