What Makes This 2 Unit Investment Property Special?
A great opportunity to own a well maintained, fully leased, two unit investment property in a great location. The property is located in Canton, directly across the street from Patterson Park and walking distance to the waterfront, shops and restaurants.
The property make up is two self contained apartments – one 1 bedroom / 1 bathroom apartment and one 2 bedroom / 2 bathroom apartment. The one bedroom apartment is situated on the second floor of the building, it features original hardwood flooring, fresh paint and exposed brick walls. The kitchen has laminate counter tops, wooden cabinets, refrigerator, 30″ electric range, dishwasher and disposal. The package is completed with a stacked washer/ dryer conviently located next to the bedroom. The two bedroom apartment encompasses two levels, the first floor and a nicely finished basement with a private rear courtyard. The kitchen has laminate counter tops, stainless steel appliances, refrigerator, 30″ electric range, dishwasher and disposal. Bathrooms in both apartments have modern vanities, soaking tub with shower with ceramic tile surrounds. The apartment is complimented by new laminate flooring, exposed brick walls and a full sized washer/dryer.
Who Pays The Utilities?
The apartments are separately metered for gas and electric allowing the tenants to easily pay their own utilities. Both units have their own gas fired forced air furnace and central air conditioning. The windows are vinyl replacement throughout filling the property with natural light. The building has 200 Amps service coming in with 100 Amps going to each unit with separate panels in unit. The landlord currently pays the water bill, this could be billed back to the tenants for improved investment returns.
The location of 2625 Eastern Avenue is great with a Walk Score of 90 out of 100. This location is a Walker’s Paradise so daily errands do not require a car. The property is located across the street from bustling Patterson Park nicknamed ” Best Backyard in Baltimore”. The park consists of open fields of grass, large trees, paved walkways, historic battle sites, a lake, playgrounds, athletic fields, a swimming pool, an ice skating rink and other signature attractions and buildings. A short 4 block walk and you are in the heart of the Canton waterfront.
Courtesy of: Ben Frederick Realty, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th August, 2022 10:31 AM (UTC)
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