MD
BALTIMORE
BALTIMORE
21207
3506 OAK COURT
3506 OAK COURT, BALTIMORE, MD 21207
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Listing Type
Condo/Townhome
Listing Status
Active
29
$200,000

Home Details for 3506 OAK COURT

Price
$200,000
Type
Residential
Bedrooms
2
Bathrooms
2.0
Square feet
948
Year built
1957
Lot size acres
0.14
County
BALTIMORE
Garage
Basement
Unfinished
Days on site
1
MLS Listing#
MDBC2149018
Property Description

Selling this with tenant in place. $120 annual ground rent. No HOA. Property is tenant-occupied under a long-term lease. Current lease provides stable rental income through January 2027. They pay $1,402 a month. They are responsible for water and sewer. This property is Lead Free. This is a well-kept 2 bed, 1.5 ba townhouse. New sewer and water (2025/2026). New half bath in basement, which has room to become a full bath. The full basement allows for the addition of a full legal bedroom and still has plenty of space. Refrigerator, stove, dishwasher, microwave, washer, and dryer included. Roof, gas furnace, and central air conditioning are all about 13 years old. I have kept up this property. If something needed repair or replacement, it was done. ------- I am retiring and ONLY offering my 3-property portfolio (I will sell individually too), tenant-occupied with existing leases in place. This doesn’t preclude you from raising the rent at lease end or not renewing their lease. Although it’s not a must-sell situation, if I don’t have a contract by January 31st, I will pull them off the market and sell them retail; located in established residential neighborhoods. So let me consider all offers before then. ======= The property has demonstrated consistent rental performance, so even though they are not vacant, it’s time to dump these properties. If I don’t sell now, I will withdraw, renovate, and sell retail this year or next. I’m not an out-of-state owner, and I am a motivated seller, but I’m not a desperate seller. I feel my portfolio is priced to sell. Existing leases may be transferred to the new owner. I’m willing to offer a tour and share my profit and loss, rent roll, and CapEx roll with you if you qualify. I would love a quick close or a fast close, but it doesn’t have to be cash only. You’ll see they are not distressed after you review the videos. Please bring all offers; these properties are being sold “as is.” The most significant value add is that you will have cash flow from day one. I am not in foreclosure, and they are not bank-owned or REO. No short sale paperwork to deal with. I want to sell these before any estate sale or before they get caught up in a probate sale. Some of the properties possibly need work, but I wouldn’t call any a fixer-upper. There is nothing you would have to do to get them rented, because they are already rented. I have a handyman who does great work, and I will be glad to give you his name at closing for your handyman specials. There is a renovation opportunity when these tenants move out, more like cosmetic updates. These are far from untouched and offer an equity opportunity with great bones and upside. Some have new roofs, new HVAC, and new appliances. As a landlord, I was quick to resolve issues and repair or replace as needed, so I don’t feel any need TLC. They aren’t a blank canvas or even in original condition. Using the income approach, you will see a real discount to valuation. This is offered below market value, and I think it has an attractive price point. I’m sorry, I can’t offer owner financing or have the seller carry any of the paper. Ideal for income-focused buyers seeking immediate cash flow. This can’t be sold as a lease option or subject-to. I think they are being offered at a fair price, even underpriced. I have been honest with my tenants and with you. I’ve been doing this since 1987. Check out the rest of my portfolio.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • Parking
    • On Street
  • Basement
    • Unfinished
School Information
School Information for 3506 OAK COURT, BALTIMORE, MD 21207
Elementary School
N/A
Middle School
N/A
High School
WOODLAWN HIGH CENTER FOR PRE-ENG. RES.
Listing Courtesy: EXP Realty, LLC - 410-638-9555
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2026-01-06 15:32:06
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EXIT SPIVEY PROFESSIONAL REALTY
9396 B. Baltimore National Pike, Ellicott City, MD 21042
Office
410 465 0083
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