2119 CHELSEA TER Pending

Baltimore,MD 21216

$ 164000

- Bed

- Bath

2412 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $67

MLS Listing ID MDBA2159094

Style Traditional

Year Built 1920

Annual Tax Amount $3,018

Tax Year 2024

Lot Size 1 Sqft

Property Sub-Type Interior Row/Townhouse

Property Description

Updated Two-Unit Income-Producing Property in West Baltimore

This interior rowhome-style multi-family dwelling is a fantastic investment opportunity, ideally situated near Coppin State University, Mondawmin Mall, North Avenue Redevelopment, and offers easy access to major roadways and public transportation.

Unit 1 (Main Level): Spacious one-bedroom/1 bath unit filled with natural light, featuring both front and rear access.
Unit 2 (Upper Level): Offers 3-4 bedrooms/1 bath with a recently updated kitchen, providing ample space and modern amenities.
Fully Occupied with Strong Rental Income

Unit 1 – Leased at $1,250 per month, with a 12-month lease beginning January 1, 2025.
Unit 2 – Long-term tenant since 2019, paying $1,250 per month.
Both tenants pay on time and wish to stay, with lease agreements extending through 2026.
This turnkey investment comes with a valid Baltimore City rental license and lead certificates, ensuring compliance and peace of mind. Whether you're looking to expand your rental portfolio or begin investing in real estate, this is a prime opportunity with immediate cash flow.

Schedule your showing today!

Location

State MD

County Baltimore City

Zoning R-5

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplaces Number 1

Exterior

Water Access N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Special Listing Condition Standard

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