DUPLEX – Live in One Unit or Rent Both
Ideal for an owner-occupant or investor. Major updates on the roof and new sewer & water line (Len the Plumber, 2019). The property was fully registered and licensed with Baltimore City and included lead certificates.
Investor Highlights:
• Estimated market rent for vacant unit: $1,500–$2,000/mo
• Potential gross annual rent (both units): $24,000–$40,000/yr
• Estimated NOI (after typical expenses): $25,000–$28,000/yr
• Implied value at a 6%–7% cap rate: $357K–$416K
Owner-Occupant Benefit:
Rental income from one unit could offset 60%–70% of monthly housing costs, depending on loan terms.
Strong rental potential, updated systems, and flexible living or investment options.