Partially occupied 4 unit property in Reservoir Hill! Come be a part of the resurgence of Reservoir Hill today. This legally zoned 4 unit features (2) large 1 bedroom units, (1) efficiency and (1) medium sized 1 bedroom unit. Currently Unit 1 and 4 are occupied with long term below market rent tenants, bringing in $850 and $765 respectively. Owner pays gas, electric and water, equaling $5,200 per year for all utilities in 2021. Heat is a common boiler. The vacant 2 units can easily bring in over $1,000 a piece.
With close proximity to the revamped Druid hill park, multiple community gardens and 3 Blocks from the Madison Park North housing and commercial development this property is in one of the best locations in Reservoir Hill. With easy access to downtown through 83, or out of the city, this property couldn't be more convenient. Look for open houses to see occupied units.
Courtesy of: Keller Williams Flagship Of Maryland Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 8th December, 2022 4:44 PM (UTC)