Multifamily Property in Growing
3408 Duvall Avenue Baltimore, MD 21216
3408 Duvall Avenue, Baltimore, MD, 21216
$479,999
Pending
For Sale
$479,999
Pending
Investment opportunity with rental income potential in Baltimore City.
Property Size4,386 SF
Lot Size0.21 Acres
Days on Market109
Property Features for 3408 Duvall Avenue
General Information
- Standard status
- Pending
- Size
- 4,386 SF
- Lot size
- 0.21 Acres
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing agency
Keller Williams Preferred Properties
(240) 507-2222
Listed by
James Wendell Willard Jr. · License #5004429
(240) 507-2222
Source
Compass
Added: Apr 4 Updated: Jul 10 at 12:34PM Checked: Jul 21 at 7:03AM
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Investment Insights
Based on property information with market context.
This detached multifamily property is situated on a 0.21-acre lot and offers significant potential for rental income and long-term appreciation in a growing market. The property features a versatile layout that can accommodate multiple tenants, making it an ideal choice for investors looking to maximize cash flow. Maintenance costs are kept low due to the absence of a pool and a manageable yard, allowing for higher net returns. Tenants have enhanced accessibility due to the driveway and on-street parking options, further increasing the property's appeal. The existing framework provides a solid foundation for renovations or updates, enabling increased rental rates and property value over time. Lower overhead costs result from the absence of extensive amenities, allowing focus on maximizing investment. Located in a neighborhood with strong rental demand, this property is positioned to attract a diverse tenant base. The potential for steady cash flow is bolstered by the area's economic growth and community development initiatives. The property is located in Baltimore City, within the Baltimore City Public Schools district.
Key Highlights
- High potential for rental income in a growing market.
- Versatile layout suitable for multiple tenants.
- Low maintenance costs due to no pool and manageable yard.
Property Analytics
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FAQs
What type of property is this?
Multifamily property - Investment opportunity with rental income potential in Baltimore City.
Where is this multifamily property located?
The property is located at 3408 Duvall Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: High potential for rental income in a growing market.; Versatile layout suitable for multiple tenants.; Low maintenance costs due to no pool and manageable yard.