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215- 669-6079
Remax Access
5925 Lillyan Ave, Baltimore, MD 21206
- $214,000
- 3
- BD
- 2
- BA
- 1,024
- SqFt
- List Price
- $214,000
- Price Change
- ▼ $15,000 1794368862
- Days on Market
- 106
- Status
- ACTIVE
- MLS#
- MDBA2224562
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,024
- Style
- Colonial
- Year Built
- 1954
- County
- Baltimore City
- School District
- Baltimore City Public Schools
Property Description
Price Improvement! time to make your move! Turnkey Investment — 11.1% Gross Yield / 9.83% Cap Rate, Occupied, Zero Work Required 3BR/1.5BA rowhome, fully occupied with a paying tenant already in place, strong payment history. Lease runs through 5/31/27 at $1,985/month ($23,820/year), tenant-paid utilities. That’s an 11.1% gross yield and a confirmed 9.83% cap rate at the $214,000 list price, with income starting day one and no vacancy gap. Updated kitchen, updated flooring, and a finished lower level with a half bath, which adds functional living space beyond the main 3BR/1BA footprint. Large rear deck adds usable outdoor square footage, a plus for tenant retention at renewal. Well-maintained unit with a reliable payment history. Priced for investors seeking stabilized income with room to reposition rents at future turnover.
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Additional Information
- Subdivision
- None Available
- School District
- Baltimore City Public Schools
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Connecting Stairway, Full, Partial, Exterior Entry
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Listing courtesy of Cummings & Co. Realtors. Contact: