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Ad ID: 64432756
Visits: 78
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Street address: Wilhelm Street, Baltimore, 21223
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Location:
Baltimore
Date Listed: Jul-24-08 This is a 2 bdrm, 1 bth home in Baltimore City on Wilhelm Street. This property currently has a tenant in the home, who LOVES this property and the current net cash flow is $400/monthly. He is currently paying $680/monthly and his lease is up at the end of October. I understand from the seller that the tenant may be willing to purchase the property in a year and a half to two years, so this is one option for the property – lease w/option to buy. This property is within walking distance to public transportation and is minutes from downtown Baltimore. Here are the specs: Fair Market Value: $97,941.67 Repairs: cosmetic Contract Price: $55,000 Assignment Fee: $4500 Equity: $42,941.67 You can either keep this property as a rental with the current tenant in the property, turn it into a lease-option with the current tenant or you can buy out the tenant’s lease. For more information and/or pictures email: mailto:Firstalliancellc@verizon.net Thank you, Che’ Marshall |
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