Serious inquiries only. Showings available for buyers with proof-of-funds and an informal offer, only. Please do not request a showing without first providing this information. Multi-family 3-unit (triplex) rental property in great condition. Well maintained. All units have separate entrances. Brand new 75 gallon natural gas water heater. Natural gas forced air heat for the entire building, in addition to electric baseboard heaters in basement and second floor units. Each unit has its a washer and dryer. Consists of 2 - 2 bedroom, 1 bath units (avg. rent per unit $1,045-1,090/mo. w/ utilities included), 1 - 1 bedroom, 1 bath unit (currently rented for $900/mo. w/ utilities included) with long-term tenant. Fully occupied it grosses $3k+/mo. BG&E averages $260/mo. 100% occupancy as of February 2024. All with 1-year leases in place. All units are in good condition. The first and second floor units have been recently updated with fresh paint and flooring. All appliances are in good working condition. Brand new roof and gutters/downspouts installed last year. Limited Lead-free certificate (only requires bi-annual exterior inspection of painted surfaces; interior is 100% lead-free). 2-car parking pad located behind property across from alley and a large shed with potential for additional income if rented for storage. Low vacancy and rents easily. Professionally managed. Truly a turn-key rental property. Seller looking to upgrade to a commercial property. Serious inquiries only. Showings available for buyers with proof-of-funds and an informal offer, only.
Unique opportunity to own a detached, 5-unit, cash-flowing property in a well-kept and established residential community of mostly single family residences in Dundalk...a rare find! This property is licensed for 5 rental units, and also receives additional income of $120/month from the detached garage rental. This is a fully occupied property with income of $3,770/month. Professionally managed for several years. All units are lead certified and have current Baltimore County rental licenses. Financial information is available upon request.
Dundalk is located in Maryland. Dundalk, Maryland has a population of 62,516. Dundalk is less family-centric than the surrounding county with 26.98% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Dundalk, Maryland is $51,098. The median household income for the surrounding county is $71,810 compared to the national median of $57,652. The median age of people living in Dundalk is 39.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 29.2 degrees. The average rainfall is approximately 44.5 inches per year, with 20.1 inches of snow per year.