Rarely available 3 unit property in Dundalk! This property has 3 units which are all 1 bedroom/1 bath. Top unit is currently vacant and is in need of some turnover repairs. The main level unit is rented for $875/month. The basement unit is rented for $850/month. Both tenants are good paying tenants, have current leases and plan to remain in the property. Ductless Split HVAC system was installed in 2020 providing central air! The occupied units have current lead safe certificates and all 3 units are properly licensed by Baltimore County.
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.
Dundalk is located in Maryland. Dundalk, Maryland has a population of 66,426. Dundalk is less family-centric than the surrounding county with 24.54% of the households containing married families with children. The county average for households married with children is 28.41%.
The median household income in Dundalk, Maryland is $58,203. The median household income for the surrounding county is $81,846 compared to the national median of $69,021. The median age of people living in Dundalk is 37.8 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 41.7 inches per year, with 14.8 inches of snow per year.
