If you’re on the lookout for a promising investment opportunity in Baltimore, look no further than this fantastic investment property that is currently up for sale. Located in a prime location, this property comes with a range of attractive features that make it a highly desirable investment option for both seasoned investors and newcomers to the real estate market.
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One of the standout features of this property is the brand-new HVAC system, which was installed in June 2023. This is a significant advantage for potential buyers, as it ensures that the property’s heating, ventilation, and air conditioning systems are up-to-date, efficient, and capable of providing optimal comfort for tenants. Investing in a property with a new HVAC system not only reduces the risk of expensive repairs or replacements in the near future but also attracts tenants seeking a reliable and comfortable living environment.
Furthermore, this investment property is fully rented with a recently renewed lease. This is great news for potential buyers, as it guarantees an immediate and steady stream of rental income. With the tenants expressing their desire to continue their occupancy, you can be assured of a consistent cash flow from day one, minimizing any potential vacancy periods.
Moreover, it’s worth noting that this property is licensed and registered with the Maryland Department of the Environment (MDE) and the city. This ensures that the property is compliant with all necessary regulations and standards, giving you peace of mind as an investor. A property that is properly licensed and registered not only demonstrates the owner’s commitment to maintaining a high standard of operation but also reduces the risk of legal issues or penalties.
Another appealing aspect of this investment property is its renovation in 2012, which included the installation of a brand-new HVAC unit. This renovation ensures that the property has been updated and modernized, attracting tenants who appreciate a well-maintained and aesthetically pleasing living space. Renovations also contribute to the property’s long-term value appreciation, making it an even more lucrative investment option.
Lastly, it’s important to note that showings for this property require a 24-hour notice period. While this may seem like a minor inconvenience, it actually works in your favor as an investor. By implementing a notice period, the current tenants can be prepared and ensure that the property is presentable for potential buyers, increasing the likelihood of a positive first impression.
In conclusion, this Baltimore investment property offers an outstanding opportunity for those looking to expand their real estate portfolio or enter the investment market. With a brand new HVAC system, fully rented status, licensing and registration, previous renovations, and a notice period for showings, this property presents a compelling package for potential investors. Don’t miss out on the chance to secure a profitable and hassle-free investment in Baltimore’s thriving real estate market.
132 N LINWOOD AVENUE, BALTIMORE, MD 21224