$650,000 |
Rinc |
| Active | 2,964 Square Feet |
| Built in 1920 | |
| MLS # MDBA2185204 |
Step into this rare, fully leased, lead free, three-unit property in sought-after Madison Park—perfectly positioned for both immediate cash flow and long-term upside. With legal zoning, separate metering, and in-unit laundry for each unit, this building checks every box for the savvy investor or future owner-occupant. Unit #1: A spacious 2-bedroom, 2-bath residence paired with exclusive use of the 2-car garage. Currently generating $2,000/month in rent. Unit #2: A stylish studio apartment, rented at $1,650/month to traveling professionals on medium-term leases, providing steady, reliable income. Unit #3: A bright and airy 3-bedroom, 1-bath unit bringing in $1,850/month, with the potential to command $2,550+ per month when rented by the room. Additional unfinished space in the basement available to expand units or add another! Whether you’re looking to expand your portfolio or live in one unit while tenants help pay your mortgage, the flexibility here is unmatched. The property’s prime Madison Park location, strong rental history, and built-in upside make it a truly exceptional find. Opportunities like this are rare—schedule your showing today and secure your piece of Madison Park’s future!
Step into this rare, fully leased, lead free, three-unit property in sought-after Madison Park—perfectly positioned for both immediate cash flow and long-term upside. With legal zoning, separate metering, and in-unit laundry for each unit, this building checks every box for the savvy investor or future owner-occupant. Unit #1: A spacious 2-bedroom, 2-bath residence paired with exclusive use of the 2-car garage. Currently generating $2,000/month in rent. Unit #2: A stylish studio apartment, rented at $1,650/month to traveling professionals on medium-term leases, providing steady, reliable income. Unit #3: A bright and airy 3-bedroom, 1-bath unit bringing in $1,850/month, with the potential to command $2,550+ per month when rented by the room. Additional unfinished space in the basement available to expand units or add another! Whether you’re looking to expand your portfolio or live in one unit while tenants help pay your mortgage, the flexibility here is unmatched. The property’s prime Madison Park location, strong rental history, and built-in upside make it a truly exceptional find. Opportunities like this are rare—schedule your showing today and secure your piece of Madison Park’s future!
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