Completely custom renovation Multi-unit dwelling, U&O permit, Lead cert and Rental license all on hand, U&O permit, Lead cert and Rental license all on hand. As of March 2020, the property is fully occupied and generating maximum income over $5,000/month! from the two tenants. The existing commercial tenant, Ice Queens, has a 5 year lease for the bulk of the first floor and the basement. There is a half bathroom on the 1st floor, retail area for customers and large commercial kitchen. The finished basement has another kitchen, bedroom, full bathroom, breakfast nook, living room and utility/storage room with walk-in closet and original cellar stairs leading to the exterior. The rent is $2250/month in years 1 and 2, $2350/month in years 3 and 4, and $2450/month in year 5. In addition to the monthly rent, the commercial tenant also pays 50% of the annual property tax, 50% of the annual property insurance, their own BGE account and anything over $70/month toward the water bill. Please stop by for a snowball and check them out!! The upstairs residential apartment is currently occupied on a 12 month lease that began in May, 2020. This residential tenant pays $2500/month (Was $2600/month but offered a $100/month COVID-19 discount) plus their own BGE account and the first $70/month of the water bill. This apartment occupies the 2nd and 3rd floor but does have its own private ground level entrance with garage, 3 bedrooms, 2 full bathrooms, laundry room, hallway closets/storage, gourmet kitchen, living room, dining room and outdoor patio that was just completely renovated by Four Twelve Roofing Company in July, will carry a 20 year warranty, and has beautiful city views. Gorgeous property, structurally reinforced everywhere, beautifully done. Right now, today, this property is generating $4850/month, plus 50% of the annual property tax, plus 50% of the annual property insurance, all utilities paid except for $70/month of the water bill! With very little monthly or annual maintenance. My home is not currently represented by an agent, it is listed as ‘For Sale By Owner’. I am not interested in listing with an agent so please do not contact me offering your services. I will, however, gladly compensate any broker whom may bring the buyer. Feel free to call or email with any and all questions or for more specific info; khanmanagementgroup@hotmail.com 410.746.6226
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
