530 S Catherine St, Baltimore, MD 21223

Description

List price is lender approved, and all contracts will require third party approval. This traditional brick townhouse, built in 1920, presents a compelling investment opportunity in the sought-after Carrollton Ridge neighborhood. With a total finished area of 1,092 square feet, this interior row home features three bedrooms and one full bathroom, making it an attractive option for renters or potential buyers looking for a starter home. - The durable brick exterior not only enhances curb appeal but also minimizes maintenance costs, ensuring long-term value retention. - The presence of sidewalks promotes walkability, enhancing the neighborhood's appeal and potentially increasing property value over time. - The property includes a patio area, providing outdoor space that can be utilized for relaxation or entertaining, which is a desirable feature for tenants and homeowners alike. - While the property does not include dedicated parking, on-street parking availability can be a significant advantage in urban settings, offering convenience for residents and guests. This property is situated in a vibrant community with a mix of residential and commercial developments, making it an ideal candidate for rental income. The three-bedroom layout is particularly appealing to a broad range of potential tenants, increasing the likelihood of consistent occupancy rates. The townhouse's age and traditional style may also attract buyers interested in renovation projects, allowing for value-add opportunities through updates and improvements. Investors can capitalize on the growing demand for housing in urban areas, especially as the market continues to evolve. With a modest lot size of 0.02 acres, the property is easy to maintain, reducing overhead costs for investors. The absence of a pool and extensive landscaping further simplifies upkeep, making it a low-maintenance investment. This Carrollton Ridge townhouse offers a unique blend of historical charm and modern investment potential. With its strategic location, solid construction, and appealing features, it stands as a promising opportunity for investors looking to expand their portfolio in a thriving neighborhood. Don't miss the chance to explore the possibilities this property has to offer.

Seller requests a minimum deposit of $2,500 and no contingencies.