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Writer's picturePromise Land Realty

Buy&Hold: 5230 DARIEN RD , BALTIMORE, MD 21206 + $190,000

Single Family Investment Opportunity










Price.

$190,000


OFF MARKET LISTING: BUY & HOLD


Address: 5230 Darien Rd, Baltimore, MD, 21206

Details: 3 Bedrooms, 2 Bathrooms, 1,152 Sq ft

Asking Price: $190,000

Style: Townhouse

Type: Single Family Home (SFH)

Market Rent: $1,800 per month

Occupancy: Vacant

Condition: Needs TLC and Cosmetics

Exterior: Frame



Notes: This property presents an excellent investment opportunity for buy-and-hold or fix-and-flip investors. With its minimal renovation needs, it is almost rent-ready and can quickly generate rental income. The 3-bedroom, 2-bath single-family home, built in 1962, is situated in a desirable area of northwestern Baltimore, making it a good addition to any rental portfolio. The property spans 1,152 square feet on a 3,126 square foot lot. The potential rent rate for this property is approximately $1,800 per month, providing a solid return on investment. In April 2024, the median listing home price in Northeastern Baltimore was $225K, trending up 7.7% year-over-year, reflecting Baltimore's status as one of the nation's hottest markets.


Highlights:

  • Prime location in Baltimore

  • Trending Real Estate Market

  • High rental potential


Interested investors should act quickly as this property won't last long on the market.


Submit all offers directly to: investments@promiselandrealtyllc.com


Property Comps


"AMERICA'S #1 SOURCE FOR OFF MARKET PROPERTIES"




PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top

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