50 E Montgomery St, Baltimore, MD 21230, USA

$475,000

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OfferMarket Transaction History

Overview

Turnkey duplex (2-unit) rental property.

DO NOT DISTURB THE TENANTS. 

Floorplan

  • Unit 1: ground level
  • 2BR/2BA
  • Kitchen
  • Nook
  • Washer & Dryer in basement
  • Current rent: $1,250/month
  • Lease expiration: May 31, 2021
  • Tenant profile: 3+ years
  • Unit 2: 2nd and 3rd floor
  • 2nd Floor: 2BR/1BA
  • Washer & Dryer
  • Electric panel
  • 3rd Floor:
  • Living room
  • Kitchen
  • 1BR/1BA (Master)
  • 4th Floor:
  • Loft/common area
  • Previously used as bedroom
  • Current rent: $2,250/month
  • Lease expiration: July 31, 2021
  • Tenant profile: 2+ years

Disclosures

  • Data room available to qualified buyers (rent rolls, leases, repairs, invoices)
  • Metering:
  • Electric: 3 separate meters: Unit 1, Unit 2, common areas (BGE)
  • Gas: 1 meter - ONLY gas usage is for unit 2 kitchen stove - that's the only gas element to this entire property. (BGE)
  • Water: 1 meter for property (City of Baltimore)
  • Seller: **Please note that due to COVID 19, I waived rent requirement (unsolicited) for April (100%) /May (50%) /June (50%) of 2020 as a show of good faith to the tenants so they could better adjust and lean into the pandemic challenges that may lie ahead....

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