This beautifully renovated triplex in North East presents a rare investment opportunity. Located at 322 E. Cecil Ave., the property has been meticulously updated from top to bottom, including all major mechanical systems, appliances, utilities, and interior finishes. It is truly turnkey and ready for immediate occupancy or rental, featuring high-end, durable finishes such as tile and quartz, a brand-new, property-wide fire sprinkler system and a Maryland Lead-Free Certificate. The lower level consists of two separate units, each offering 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and living room. One of the lower units has been thoughtfully designed with accessibility features, including a step-free entry ramp, wider doorways, and 36-inch hallways. The upper unit, accessed by a private exterior rear staircase, features 4 bedrooms, 2 full bathrooms, a spacious eat-in kitchen, and a generous living room. Each unit is independently equipped with its own in-unit laundry, dedicated electrical meter/panel, and separate water heater and HVAC systems, providing convenience for tenants and simplified property management. Projected market rents are approximately $2,000 per month for each lower unit and $2,500 per month for the upper unit, generating an estimated gross monthly rental income of $6,500. Please contact the listing agent to learn more about available financing opportunities, including Debt Service Coverage Ratio (DSCR) loans and potential seller financing for qualified buyers.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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