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Owner selling his favorite rental for business reasons (another deal).
The house is in great condition, has a long term tenant (not section 8) with a 100% subsidized voucher. House is a 3/1 and has AC, too. The house next door sold for 106k (Comp1) in 07/06— I can send you the most recent comps if you are interested. Photos available.
In the last 180 days: (address, close price, bed/bath, ac or no) (Comps 2-7)
404 East Ave: 199k 3/1
507 Elwood Ave 127k 2/1 has AC
420 Curley St N 125k 2/2 has AC
523 Highland Ave 93k 3/1
610 Highland Ave 92k 2/1
420 N Clinton St 90k 3/1
If no ac is mentioned, listings do not mention ac.
(Average of 7 comps above is 118k)
Price is 88k and the tenant currently pays 950 but the paperwork is in for a $50 rent increase making it $1000/mo. The house just passed the housing inspection so there won’t be another for 18 months. House should not need any repairs and rent is ALWAYS ON TIME. Tenant says she wants to stay FOREVER if allowed!
Location is in 21205. 3305 McElderry. This is not far from Hopkins (east) and north of Patterson Park.
Call Kate @ 301-807-7194 or email Jenn@reidirectsupport.com for more information.
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