Winning offer: conventional financing, AS IS, 23 day close
Estimated seller savings: $23,500
Turnkey duplex (2-unit) rental property.
DO NOT DISTURB THE TENANTS.
Unit 1: ground level
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
Previously used as bedroom
Current rent: $2,250/month
Lease expiration: July 31, 2021
Tenant profile: 2+ years
Data room available to qualified buyers (rent rolls, leases, repairs, invoices)
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....