$400,000

Rare true multi-unit in Historic Reservoir Hill now available. This end-unit triplex is legally, separately zoned and metered. Units 2 & 3 are setup as 2 bedrooms, 1 bath, a living room, dining room and a kitchen. Unit 1 has the same setup with 1 bedroom. There is a covered front porch and off street parking in the rear. The basement (which consists of a separate entrance) has been framed and ready for your vision. This building is truly a cash cow, and the equity opportunity will skyrocket even more after a little TLC and the completion of Reservoir Square and Druid Park Reservoir developments. With the current total rents bringing in $4,250, the rent roll is still undervalued. Unit 1 (1 bedroom), generates $1,250 a month; unit 2 (2 bedroom) $1,400; and unit 3 (2 bedroom) $1,600. Unit 2 is not available for viewing, but tenant will be vacating September 1st 2023, making this an ideal owner occupant opportunity as well. Located mid-town, this is an ideal centralized location at I-83, making it minutes from downtown and a half hour from Pennsylvania. It is adjacent to Druid Hill Park and the Maryland Zoo as well just to name a few landmarks. Leases are available upon request.