Off-Market Condo at 675 President St, Baltimore, MD 21202

675 President St, Baltimore, MD 21202

Unit - #2008

$224,950

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $194 per day and long-term for an average of $2,219 per month, based on similar listings in the area. Estimated short-term cap rate of 6.8%. Estimated long-term cap rate of 0.6%. This fantastic one-bedroom luxury condo in The VUE offers stunning 20th-floor city views and is located in the heart of Harbor East. The open floor plan features oversized windows, 9-foot ceilings, stainless steel appliances, granite counters, and a gourmet kitchen with a massive breakfast bar/island. The living area has beautiful hardwoods and an offset perfect for a dining or sitting area. The spacious primary bedroom includes a spa-like bath and a huge walk-in closet. One assigned parking spot is available in the parking garage. Enjoy walking to nearby restaurants, entertainment, and shopping, with easy access to I83, Johns Hopkins, the University of Maryland Medical and Law Schools, The Inner Harbor, Fells Point, Canton, Federal Hill, and more.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$499
Rental Policy
daily
Yearly Taxes
$4947
Bedrooms
1
Bathrooms
1
SQFT
599
Furnished
N/A
Year built
2006
Listing Status
Off Market
MLS
MDBA2159634

Short-term Rental Potential
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$40,491

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$375

Price/SQFT

Long-term Rental Potential
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$26,628

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,219/mo

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