Residential in BALTIMORE

$45,000

530 CATHERINE, 21223, BALTIMORE, MD

Residential for sale in BALTIMORE, 530 CATHERINE, 21223, 1092 m²

530 CATHERINE, 21223, BALTIMORE, MD

$45,000

3Bed
1Bath
1092m²
Type: Residential

Description

List price is lender approved, and all contracts will require third party approval. This traditional brick townhouse, built in 1920, presents a compelling investment opportunity in the sought-after Carrollton Ridge neighborhood. With a total finished area of 1, 092 square feet, this interior row home features three bedrooms and one full bathroom, making it an attractive option for renters or potential buyers looking for a starter home. - The durable brick exterior not only enhances curb appeal but also minimizes maintenance costs, ensuring long-term value retention. - The presence of sidewalks promotes walkability, enhancing the neighborhood's appeal and potentially increasing property value over time. - The property includes a patio area, providing outdoor space that can be utilized for relaxation or entertaining, which is a desirable feature for tenants and homeowners alike. - While the property does not include dedicated parking, on-street parking availability can be a significant advantage in urban settings, offering convenience for residents and guests. This property is situated in a vibrant community with a mix of residential and commercial developments, making it an ideal candidate for rental income. The three-bedroom layout is particularly appealing to a broad range of potential tenants, increasing the likelihood of consistent occupancy rates. The townhouse's age and traditional style may also attract buyers interested in renovation projects, allowing for value-add opportunities through updates and improvements. Investors can capitalize on the growing demand for housing in urban areas, especially as the market continues to evolve. With a modest lot size of 0.02 acres, the property is easy to maintain, reducing overhead costs for investors. The absence of a pool and extensive landscaping further simplifies upkeep, making it a low-maintenance investment. This Carrollton Ridge townhouse offers a unique blend of historical charm and modern investment potential. With its strategic location, solid construction, and appealing features, it stands as a promising opportunity for investors looking to expand their portfolio in a thriving neighborhood. Don't miss the chance to explore the possibilities this property has to offer. Seller requests a minimum deposit of $2, 500 and no contingencies.

Agent Information

Location

530 CATHERINE, 21223, BALTIMORE, MD

Data

Object TypeResidential
Purchase Price$45,000
Living Space1092 m²
Plot Size92.9 m²
Bathrooms1
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeRadiator, Other Fuel
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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