PRICE IMPROVEMENT!! This versatile triplex offers an excellent opportunity for both investors and owner-occupants alike. Investors looking to own a multi unit property with exceptional income potential. Easily rent this home as 3 units or rent rooms for even more income. Situated in a convenient location, this property presents a prime chance to live in one unit while generating rental income from the other two, or to expand your rental portfolio with minimal effort. Bring your tools and add your finishing touches for maximum profit. With three separate units, including two spacious one-bedroom units which can rent for up to $1100/month and one comfortable two-bedroom unit which can rent for up to $1250/month. The two bedroom unit can also be rented as a rooming unit to bring in even more rental income. Rooms can be rented for up to $800/month (w/ utilities included). This property offers flexibility and potential for lucrative returns. Whether you're a seasoned investor or just starting out, this triplex provides a solid foundation for growing your rental portfolio. Potential rental income estimated at $41,000/year. This property has been updated with fresh paint, a new roof coating, new floors, some appliances, central a/c on the first floor, in unit laundry and so much more. Add your personal touches, make a few updates and start generating income immediately. This home is located in a desirable area, close to amenities, transportation, and major thoroughfares, making it attractive to tenants and ensuring high occupancy rates. Don't miss out on this opportunity to capitalize on the booming rental market and secure your financial future. Don't wait to seize this opportunity to own a profitable investment property in a prime location. Contact us today to schedule a viewing and unlock the potential of 319 S Augusta Ave!
MLS# | MDBA2122004 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1916 |
Days On Site | 146 |
Listing Provided By | ExecuHome Realty | Tamika L Thompson |
SQ Feet | 2,796 |
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Basement | Y |
Units | 3 |
Zoning | R-6 |
Acreage | 0.07 |
State | MD |
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County | Baltimore City |
City | Baltimore |
Zip Code | 21229 |
School District | Baltimore City Public Schools |
Elementary School | Beechfield |
Middle School | Booker T. Washington |
High School | Augusta Fells Savage Institute O |
Listing VS Median (in 21229) | |
Price: $299,000 low | high Med: $184,900 SqFt: 2,796 low | high Med: 1,260 $ / SqFt: $107 low | high Med: $147 On Site: 146 low | high Med: 40.000000 |