519 S Washington Street, BALTIMORE, MD

519 S Washington Street, BALTIMORE, MD, USA

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556 m2

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Maryland

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Captivating Multi-Unit Investment Opportunity in Fells Point. Welcome to an extraordinary investment opportunity in the highly sought-after Fells Point neighborhood. This licensed multi-unit end-of-group property features: Separate Utilities: Each unit boasts its own gas and electric meters, water heaters, and HVAC systems. Versatile Layout: The main level includes a front commercial space with a full bath, alongside a one-bedroom, one-bath apartment. Upper Levels: The second floor hosts a one-bedroom, one-bath apartment, while the third level offers a cozy studio apartment. Current Tenancy: The commercial space is vacant and requires minor work. The first-floor apartment rents for $1,150/month, and the second-floor apartment rents for $1,100/month. The third-floor studio is currently vacant. Income Potential: With projected gross rental income of over $3,500/month, this property presents a lucrative opportunity for savvy investors. Don't miss out on this rare find in a vibrant community! Schedule a Private Showing

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$385,000

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Steven C Paxton

$385,000
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Steven C Paxton