About This Home
This 0-bedroom, 0-bathroom residential multi family at 5638 MIDWOOD Avenue in Baltimore, MD is listed for $199,500 ($137 per sqft). Built in 1949, the home offers 1,452 sqft of living space on a N/A lot.
Key Features
- Built in 1949
Property Details
Amenities
DUPLEX - Live in One Unit or Rent Both It's a students dream. 6 mins off campus. Barking. Washer dryer. I meannnnnn.. They are charging $1000 for off campus student housing and that was in 2019. Morgan has a HUGE housing shortage per admitted student.
Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates. Investor Highlights: - Estimated market rent for vacant unit: $1,500-$2,000/mo - Potential gross annual rent (both units): $24,000-$
40,000/yr - Estimated NOI (after typical expenses): $25,000-$28,000/yr - Implied value at a 6%-7% cap rate: $357K-$416K Owner-Occupant Benefit: Rental income from one unit could offset 60%-70% of monthly housing costs, depending on loan terms. Strong rental potential, updated systems, and flexible living or investment options.
Monthly Cost Estimate
$1,067/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5638 MIDWOOD Avenue
Baltimore, MD 21212
CAMERON VILLAGE
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5638 MIDWOOD Avenue is listed at $199,500 ($137/sqft). The estimated monthly payment is $1,067 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949. Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living.
This property is listed by Azalea Johnson-Fox and can be reached at 4438661411.