1321 James St, Baltimore, MD 21223

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $173 per day and long-term for an average of $1,933 per month, based on similar listings in the area. Estimated short-term cap rate of 12.2%. Estimated long-term cap rate of 7.5%. Location. location. location! Half block to the famous Carol Park (including athletic fields, ballfields, golf course, playground, farmers market, and various celebrations and party events), walking distance to Ravens M&T Bank Football Stadium, walking distance to Oriole Baseball Park at Camden Yard, easy access to the best of the city bars, restaurants, museums, performances, inner harbor, hospitals, etc. The location is also extremely convenient to get onto I-95 for commuting to DC or other places! The first floor has living area, dining area, kitchen, and an extension area that has a half bath and laundry, and a pleasant sunroom that may also be used as a bedroom for people with mobility issues. There is a fenced backyard perfect for BBQ. The 2nd floor has a full bath and three separate rooms, the middle room does not have a window to the outside and can be used as an office. The basement is partially finished and had been used as a Man Cave by the previous resident. The house is ideal for a first-time homebuyer, with the lowest price in the area that allows for equity build up and the realization of American Dream. The house is also well suited for an investor building up rental portfolio. The block has more than 50% home ownership per city's public data.