(240) 731-8935 (410) 505-9700 - The Ferguson Group of Berkshire Hathaway HomeServices Homesale Realty
 

5638 Midwood Avenue, Baltimore, MD 21212

$199,500
  • 5638 Midwood Avenue, Baltimore, MD 21212 Main Photo

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Pending
SQUARE FEET1,452 MLS#MDBA2192070
STATUSPENDING PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCAMERON VILLAGE SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

DUPLEX – Live in One Unit or Rent Both It’s a students dream. 6 mins off campus. Barking. Washer dryer. I meannnnnn.. They are charging $1000 for off campus student housing and that was in 2019. Morgan has a HUGE housing shortage per admitted student. Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates. Investor Highlights: • Estimated market rent for vacant unit: $1,500–$2,000/mo • Potential gross annual rent (both units): $24,000–$40,000/yr • Estimated NOI (after typical expenses): $25,000–$28,000/yr • Implied value at a 6%–7% cap rate: $357K–$416K Owner-Occupant Benefit: Rental income from one unit could offset 60%–70% of monthly housing costs, depending on loan terms. Strong rental potential, updated systems, and flexible living or investment options.

5638 Midwood Avenue | MLS# MDBA2192070

This multi-family property located at 5638 Midwood Avenue, Baltimore, MD 21212 is currently listed for sale with an asking price of $199,500. Midwood Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.thefergusongroup.co today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.00 Acre(S)
Taxes: $4,354
Year Built: 1949

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dryer, Refrigerator, Stove
Exterior: Brick
Interior: Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Built-Ins
Lot Dimensions: 0.00 Acre(S)
Number of Rooms: 4
Parking Notes: Public
Sewer: No Septic System
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 2
Units: 2
Utilities: Natural Gas Available, Electric Available
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices PenFed Realty
Agency Phone: 4105155300

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Estimated Payment

$ 865.02 per month $444.00 Principal & Interest $362.83 Property Tax $58.19 Homeowner's Insurance

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