4640 Marble Hall Rd,BALTIMORE, MD 21239
BALTIMORE, MD 21239
Description
Turnkey Investment - 10.3% Gross Yield / 8.95% Cap Rate, Occupied, Zero Work Required 3BR/1BA rowhome in a stable rental pocket, fully occupied with a paying tenant already in place. Lease runs through 10/31/26 at $1,959/month ($23,508/year), tenant-paid utilities - that's a 10.3% gross yield and a confirmed 8.95% cap rate at the $229,000 list price, with income starting day one and no vacancy gap. Updated kitchen with granite counters, updated flooring throughout. Finished lower level offers legal 4th-bedroom conversion potential for a rent bump at next turnover. Large rear yard adds tenant appeal and retention value. Well-maintained unit, responsive tenant history, low-turnover rental corridor. Priced for investors who want income now and upside later - not a renovation project, not a flip.
Details
| MLS # | MDBA2224930 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1944 |
| Days On Site | 70 |
| Listing Provided By | Cummings & Co. Realtors | Brian P DiNardo |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,520 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R-5 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2048 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21239 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $229,000 low | high Med: $360,000 sqft: 1,520 low | high Med: 2,232 $ / sqft: $151 low | high Med: $161 On site: 70 low | high Med: 203 | |
Market Activity 21239
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21239 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $229,000 low | high Med: $360,000 sqft: 1,520 low | high Med: 2,232 $ / sqft: $151 low | high Med: $161 On site: 70 low | high Med: 203 | |
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