Welcome to this fantastic investment opportunity located at 405 N Chester Street, Baltimore MD! This spacious rowhome features one bedroom, a living room, dining room, and kitchen on the main floor, with three additional bedrooms located upstairs. The second floor of the house offers a view of John Hopkins University.
The dry basement provides additional storage space, making this property an excellent investment opportunity. With consistently paying tenants already in place, this property generates a current annual rent income of $19,800, making it a reliable source of passive income. The main level of the home offers plenty of space for tenants to relax and entertain, with a cozy living room, dining room, and kitchen providing all the necessary amenities. The dry basement provides additional storage space and could be converted into a home office, gym, or entertainment room, adding even more value to this investment property.
Located in a highly desirable and very fast developing neighborhood of Baltimore, this property is close to local parks, cafes, and shops, with easy access to transportation. John Hopkins University is one minute walk. Whether you're looking for a reliable income stream or a long-term investment opportunity, this property is an excellent option.
This property is available for purchase either as a standalone investment or as part of a portfolio of three properties generating a total annual rent income of $60,600.
All of the properties are located within a 3-minute radius of each other.
Addresses for two other properties:
719 N Kenwood Ave, Baltimore MD, 21205.
803 N Montford Ave, Baltimore MD, 21205.