2309 Druid Hill Ave, Baltimore, MD 21217

Property Description

SHORT SALE! INVESTORS—DON’T MISS THIS OPPORTUNITY! 2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income. At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses. Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio. Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer. Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.