$559,900 |
Rinc |
| Pending | 4,000 Square Feet |
| Built in 1920 | |
| MLS # MDBA2167286 |
Amazing 4-unit building just 1 block from Lafayette Square Park!!! Appraisal already completed at $550,000 and copy available. $10,000 Vacants to Value grant fow owner-occupant regardless of income!!! Must see photos and videos! Fully remodeled 4-unit building for sale. Can be purchased vacant, or owner will deliver fully occupied (at the attached proforma rents or higher). See attached plans for approximate layout of each unit. Great portfolio booster! No expense spared this is the one you have been waiting on, and both neighboring buildings being remodeled as well. Imagine getting paid to live in your own luxury building. Well, you can live in this fully remodeled luxury building of your own, rent free/mortgage free, plus have cash flow! Seller owns a successful property management company, and has begun reviewing applicants and (if buyer desires) will deliver the property with tenants in place at, or above the rents in the attached proforma $5,750.00, or more (minus the unit buyer occupies). Or buyer can secure their own tenants, if that is preferable. Please see attached proforma. One 3br unit, Two 2br units, and one efficiency apartment. Come live rent free and mortgage free. Unmatched building with 4 licensed rental units, all lead certs, off street parking, almost everything brand new as seller has spent most of 2024 and all of 2025 fully remodeling this spectacular building from top to bottom. New systems throughout. New roof, new windows, Fully separate BGE in each unit. Please see attached proforma. Seller will deliver property with units rented at, or above the proforma rates, so buyer can live in one unit for free, and have the tenants pay the entire mortgage payment, plus pocket some extra cash. And with all the investment going into Lafayette Square, Harlem park and Upton, you need to get in while you still can! Come take a look and make the best investment in yourself you possibly can. For FHA buyers, guidelines allow you to use 75% of the rents towards your debt-to-income ratio, so buyers that qualify in the mid 100s can still qualify for this property. There's no better opportunity out here. Come build generational wealth with this unmatched luxury multifamily building!!!
Amazing 4-unit building just 1 block from Lafayette Square Park!!! Appraisal already completed at $550,000 and copy available. $10,000 Vacants to Value grant fow owner-occupant regardless of income!!! Must see photos and videos! Fully remodeled 4-unit building for sale. Can be purchased vacant, or owner will deliver fully occupied (at the attached proforma rents or higher). See attached plans for approximate layout of each unit. Great portfolio booster! No expense spared this is the one you have been waiting on, and both neighboring buildings being remodeled as well. Imagine getting paid to live in your own luxury building. Well, you can live in this fully remodeled luxury building of your own, rent free/mortgage free, plus have cash flow! Seller owns a successful property management company, and has begun reviewing applicants and (if buyer desires) will deliver the property with tenants in place at, or above the rents in the attached proforma $5,750.00, or more (minus the unit buyer occupies). Or buyer can secure their own tenants, if that is preferable. Please see attached proforma. One 3br unit, Two 2br units, and one efficiency apartment. Come live rent free and mortgage free. Unmatched building with 4 licensed rental units, all lead certs, off street parking, almost everything brand new as seller has spent most of 2024 and all of 2025 fully remodeling this spectacular building from top to bottom. New systems throughout. New roof, new windows, Fully separate BGE in each unit. Please see attached proforma. Seller will deliver property with units rented at, or above the proforma rates, so buyer can live in one unit for free, and have the tenants pay the entire mortgage payment, plus pocket some extra cash. And with all the investment going into Lafayette Square, Harlem park and Upton, you need to get in while you still can! Come take a look and make the best investment in yourself you possibly can. For FHA buyers, guidelines allow you to use 75% of the rents towards your debt-to-income ratio, so buyers that qualify in the mid 100s can still qualify for this property. There's no better opportunity out here. Come build generational wealth with this unmatched luxury multifamily building!!!
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