MCCULLOH STREET, BALTIMORE, MD 21217

Price drop! Money making 3 unit multi-family ready for investors or owner occupant. Collect rent and live in the rent ready unit! This building has been professionally managed for several years and out of state owner is selling local property. All records of repairs and rent rolls are available. This is a positive cash flow unit. Rents can be raised to higher market rent. 3 units with 4th unit possible in the basement. This building has 4 levels with 3 apartments . There are two 3br $980, $1100 and one 2 bedroom apartment $900. Each unit has 1 bathroom. Tenants have been long term.The building has a large basement with common laundry and storage. Basement can be turned into 4th apartment. Units have separate utilities and gas heat, all have updated kitchen and bathrooms. . Parking in rear or street. 1st and 2nd floor have gas forced air heat , 3rd floor has elec heat and own meter. Building has two great tenants that have been there for several years. One unit is vacant and ready for rent. Rental rate is slightly below current market rate. Slight increases would increase overall income. McCulloh St is a beautiful, quiet, tree lined street in the Marble Hill historic district, one block from Bolton Hill. Tenants pay monthly rent and all of their own utilities. Landlord pays water bill and common area electricity for the entrance and laundry room. Market rate rent for 1b is $1k, $1350 for a 3br. The numbers work!