50 E Montgomery St

OfferMarket Transaction History

• This property was sold on May 21, 2021 via Get Offers campaign.
• The seller found OfferMarket via Sell My House Fast Baltimore, MD: https://www.offermarket.us/sell-my-house-fast/baltimore-md
• Read the seller's success story: https://www.offermarket.us/blog/sell-my-house-fast-success-story-neil-baltimore-md
• Winning offer: conventional financing, AS IS, 23 day close
• Estimated seller savings: $23,500

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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