702 Homestead St
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702 Homestead St Immeuble residentiel 4 lots 372 490 € (93 123 €/Lot) Taux de capitalisation 8,63 % Baltimore, MD 21218
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 3 Units Rented in a Rapidly Improving Neighborhood — Capture cash flow now and lease the final unit in a high-demand pocket of Better Waverly.
- Strong Physical Conditions — 2020 roof, replacement wood windows and updated plumbing minimize repair expenses.
- Below-Market Rents Offer Organic Upside — Gradual rent increases can improve returns without major capital investment.
- Walkable Location Near Daily Essentials — Tenants enjoy access to Giant, Ace Hardware, the YMCA, and a year-round farmers market.
RÉSUMÉ ANALYTIQUE
Better Waverly Rental Interiors:
702 Homestead Street features four two-bedroom apartments. Kitchens include laminate countertops, wood cabinets, 30” gas ranges, dishwashers, and stainless steel sinks—some with garbage disposals. Bathrooms are equipped with modern vanities, steel tubs, and ceramic tile tub surrounds. Flooring includes carpet in living areas and ceramic tile in kitchens and baths. Each apartment is outfitted with its own washer and dryer hookups and tenants can provide their own in-unit laundry.
Utilities:
With a 2020 asphalt shingle roof and fully separated utilities, this Better Waverly rental property for sale is built for efficient management. Each apartment is individually metered for gas and electric (4 gas meters, 5 electric meters) and served by its own gas furnace with central air and electric water heater. Supply and drain lines are a mix of C-PVC and PVC. While the landlord currently pays for water and sewer, a new owner could implement a utility reimbursement structure to recapture those costs and enhance returns.
What’s Special About Better Waverly:
This Better Waverly rental property sits in a neighborhood where 51% of residents are homeowners—a factor that contributes to well-maintained homes, cleaner blocks, and stronger community stability. Located just 0.2 miles—or within a 4-minute walk—of Giant, Ace Hardware, the YMCA, and the Enoch Pratt Library, tenants benefit from highly walkable access to essential amenities. The 32nd Street Farmers Market operates year-round just a few blocks away, and the Johns Hopkins University Homewood Campus is less than a mile away. Active renovation projects throughout the surrounding blocks signal ongoing investment and continued neighborhood growth.
702 Homestead Street features four two-bedroom apartments. Kitchens include laminate countertops, wood cabinets, 30” gas ranges, dishwashers, and stainless steel sinks—some with garbage disposals. Bathrooms are equipped with modern vanities, steel tubs, and ceramic tile tub surrounds. Flooring includes carpet in living areas and ceramic tile in kitchens and baths. Each apartment is outfitted with its own washer and dryer hookups and tenants can provide their own in-unit laundry.
Utilities:
With a 2020 asphalt shingle roof and fully separated utilities, this Better Waverly rental property for sale is built for efficient management. Each apartment is individually metered for gas and electric (4 gas meters, 5 electric meters) and served by its own gas furnace with central air and electric water heater. Supply and drain lines are a mix of C-PVC and PVC. While the landlord currently pays for water and sewer, a new owner could implement a utility reimbursement structure to recapture those costs and enhance returns.
What’s Special About Better Waverly:
This Better Waverly rental property sits in a neighborhood where 51% of residents are homeowners—a factor that contributes to well-maintained homes, cleaner blocks, and stronger community stability. Located just 0.2 miles—or within a 4-minute walk—of Giant, Ace Hardware, the YMCA, and the Enoch Pratt Library, tenants benefit from highly walkable access to essential amenities. The 32nd Street Farmers Market operates year-round just a few blocks away, and the Johns Hopkins University Homewood Campus is less than a mile away. Active renovation projects throughout the surrounding blocks signal ongoing investment and continued neighborhood growth.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 372 490 € | Sous-type de bien | Appartement |
| Prix par lot | 93 123 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,04 ha |
| Taux de capitalisation | 8,63 % | Surface de l’immeuble | 178 m² |
| Multiplicateur du loyer brut | 8 | Occupation moyenne | 75% |
| Nb de lots | 4 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1920 |
| Zonage | R7 - Licensed for 4 Dwelling Units | ||
| Prix | 372 490 € |
| Prix par lot | 93 123 € |
| Type de vente | Investissement |
| Taux de capitalisation | 8,63 % |
| Multiplicateur du loyer brut | 8 |
| Nb de lots | 4 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Classe d’immeuble | C |
| Surface du lot | 0,04 ha |
| Surface de l’immeuble | 178 m² |
| Occupation moyenne | 75% |
| Nb d’étages | 3 |
| Année de construction | 1920 |
| Zonage | R7 - Licensed for 4 Dwelling Units |
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 2+1 | 4 | - | - |
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Walk Score®
Idéal pour les promeneurs (94)
Bike Score®
Très praticable en vélo (71)
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702 Homestead St
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