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 Kijiji Baltimore > Housing > Homes for sale  

Are You Looking To Purchase A Rental Property In Baltimore City?

Price: US $55,000.00
Ad ID: 64432756
  Visits: 78
Street address: Wilhelm Street, Baltimore, 21223 View map
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
First Alliance, LLC
(202) 441-2947





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