Other
5638 MIDWOOD AVENUE
BALTIMORE , MD 21212
MLS#: MDBA2191728
$200,000
Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1949
Sq.Footage
1,452
Value-add duplex in a desirable 21212 location, priced to reflect the cosmetic updates needed. Major systems—including roof, HVAC, plumbing, and electrical—are in solid condition. Brand-new front and rear exterior doors have been installed, and the property is secured with a hardwired ADT alarm with monitoring. Interior unit entry doors will be installed or can be addressed through a seller concession. With an estimated $25,000 in cosmetic improvements, the property could reach an approximate $250,000 value (buyer to verify). DUPLEX — Live in One Unit or Rent Both. Ideal for an owner-occupant, house-hacker, or investor seeking sweat equity. Notable updates include a new sewer and water line (Len the Plumber, May 2019) and roof updates. The property has been registered and licensed with Baltimore City and includes lead certificates (verify status). Investor Highlights (estimates): Market rent (vacant unit): $1,500–$2,000/mo Potential gross annual rent (both units): $24,000–$40,000/yr Estimated NOI (typical expenses): $25,000–$28,000/yr Implied value at a 6%–7% cap rate: $357,000–$416,000 Owner-Occupant Benefit: Rental income from one unit could offset 60%–70% of monthly housing costs, depending on financing. Sold as-is. Inspections welcome for informational purposes. Strong rental potential, updated systems, and flexible living or investment options make this an opportunity worth seeing.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Built-in Features
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
1452.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$200,000
-
Tax Amount
4354.0
-
Sq. Footage
1, 452
-
Price/SqFt
$137
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Senior Community YN
NO
-
Tax Lot
048
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Azalea Johnson-Fox , Berkshire Hathaway HomeServices PenFed Realty
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AGENT
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