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907 Edmondson AvenueBaltimore, MD 21223Price: $1,200,000

  • Price: $1,200,000
  • 160 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 0.15Acreage

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Great opportunity to acquire a 9 unit stabilized cash flowing property. 1 tenant -a federally and state funded Baltimore based Non Profit - Master lease in place by a Baltimore non profit till August 31, 2024. The tenant can sign an extension of 3 more years before closing, extending it to August 31, 2027. $10,500/month rent $21k security deposit. Master tenant pays for everything! (water, electricity, dumpster, light, janitorial services, etc.) Landlord is only responsible for taxes and insurance. Rental rate to increase by the greater of 5% or CPI per year, whichever is greater. Property has been completely rehabbed from top to bottom, in pristine condition with new kitchens, bathrooms, etc. Located in an Up and Coming area in Baltimore City. Great property to hedge against inflation. Tenant is just as an asset as the building.

Property Details of 907 Edmondson Avenue

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Listed by Ozgun Deniz of Sabrii Realty International

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 24, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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