Off-Market Property at 1646 Northwick Rd, Baltimore, MD 21218

1646 Northwick Rd, Baltimore, MD 21218

$190,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $113 per day and long-term for an average of $2,108 per month, based on similar listings in the area. Estimated short-term cap rate of 10.0%. Estimated long-term cap rate of 5.3%. Welcome to 1646 Northwick Rd, a charming end-unit row home in the desirable Hillen neighborhood, just a short walk from Morgan State University. Recently updated, this home features a modern kitchen with granite countertops, a new refrigerator, gas range, dishwasher, new kitchen sink, and fresh cabinets. The home also boasts new carpet in the bedrooms and is nestled in a quiet courtyard, offering minimal road noise for a peaceful living experience. With 3 bedrooms and 2 full baths (one upstairs and one in the walkout basement), this property is ideal for university students or employees. Enjoy easy access to shopping and dining in Towson. Don't miss out on this great opportunity!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3021
Bedrooms
3
Bathrooms
2
SQFT
1,600
Furnished
N/A
Year built
1946
Listing Status
Off Market
MLS
MDBA2159424

Short-term Rental Potential
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$34,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$118

Price/SQFT

Long-term Rental Potential
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$25,296

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,108/mo

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