6237 Laurelton Ave, Baltimore, MD 21214

Description

Welcome to 6237 Laurelton Avenue! Attractively priced two-unit property offering flexibility for both investors and owner-occupants. The property includes a two-bedroom, one-bath lower unit and a one-bedroom, one-bath upper unit, with the units recently rented for a combined $3,050 per month. At the $250,000 list price, the prior rent roll represents $36,600 in annual gross scheduled rent, a gross yield of approximately 14.6%, and a gross rent multiplier of roughly 6.8x. Delivered vacant, 6237 Laurelton is a compelling opportunity for a small multifamily investor or house hacker looking for immediate lease-up potential and multiple paths to value.