Income-Producing Opportunity in the Up-and-Coming Coppin Area!This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year.Transitional Housing History:The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use.Property Highlights:6 Bedrooms – Ample space for residents or program rooms.2.5 Bathrooms – Convenient for shared living arrangements.Recent Updates – Alarms, fire escape, and windows upgraded in the recent past.Additional Features:Outdoor space with backyard and fire escape.Accessibility features to accommodate diverse needs.Ideal For:Buy-and-hold investors seeking immediate cash flow.Operators seeking housing layouts suited for group living or program needs.Traditional buyersHouse HackersFinancing Note: Buyers may qualify for a special First National Bank program offering no down payment and no PMI — available to first-time and repeat buyers. Feel free to contact the listing agent for details!A rare opportunity to acquire a property with a proven rental track record, recent code-compliant upgrades, and the potential to significantly boost income!
Listing Courtesy of BRIGHT IDX / Coldwell Banker Realty / Camille Scott
$195,000 (USD)
Baltimore Area Townhome
Active
5531 Gwynn Oak Avenue Baltimore, MD 21207
3 Bed
2 Baths
1610 sqft
MLS# MDBA2186820
Spacious detached home offering a great opportunity for buyers looking to personalize or renovate. The main level features a large living room, separate dining area, and an eat-in kitchen with ample cabinet space. Bedrooms are well-sized with ceiling fans and natural light. The home also includes multiple bathrooms and a basement with additional storage and workspace potential. Outside, there is a front porch, rear yard, and driveway parking. Conveniently located near major roads, public transportation, and local amenities. Property is being sold as-is.
This fully renovated 3-bedroom, 3-bath townhouse blends modern style with everyday comfort. The open-concept main level is filled with natural light and showcases exposed brick, sleek finishes, and a sleek kitchen with brand-new appliances.Retreat upstairs to a spacious primary suite with a private bath. The finished lower level, with its own entrance and full bath, offers versatile space for a third bedroom, guest suite, or in-law setup.🔑 Key Features:- New roof, ductwork, and updated electrical- 1-year Ring security monitoring included (equipment stays!)- Private fenced backyard — perfect for entertainingLocated just minutes from shopping, dining, and public transit, this move-in ready gem has it all.📅 Schedule your private tour today!
Listing Courtesy of BRIGHT IDX / Coldwell Banker Realty / Camille Scott