Hampden duplex, one side leased at market
Elm Ave · Hampden · Baltimore, MD 21211 · Baltimore City County
Exact address released to verified buyers with proof of funds on file.
Front elevation
1 / 6Asking price
$268,000
ARV range
$335K–$355K
Repairs
$26K–$34K
Discount to ARV
22.3%
Projected profit
$6,190
ROI
2.0%
Cap rate
8.3%
Cash-on-cash
8.0%
Risk flags and disclosures
Surfaced automatically from the listing data. Confirm every item during your own diligence.
Tenant in place
One unit is occupied. Estoppel and lease review should happen during the inspection period.
- Existing lease conveys with the property.
- Rear parking pad is shared with the adjacent parcel.
Underwrite this deal
Every input is editable and every number recalculates instantly. Seller figures are pre-filled — replace them with your own assumptions.
Maximum allowable offer
$208,500
Asking price is $60K above your rule.
Total basis
$314,660
Selling costs
$24,150
Holding costs
$2,100
Contingency
$3,000
Net profit
$6,190
ROI
2.0%
Annualized ROI
7.9%
Break-even sale price
$338,344
Modeled projections for demonstration only. They are not an appraisal, a guarantee of returns, or investment advice.
Side-by-side duplex with separate utilities and a stabilized upper unit at $1,650 per month on a lease through next spring. Lower unit is vacant and needs a kitchen refresh and paint before it can be re-leased at market. Owner is selling directly and will consider a 30-day close.
Beds / baths
4 / 2
Square feet
2,040
Lot size
2,400 sqft
Year built
1927
Units
2
Occupancy
Partially Occupied
Market rent
$3,250/mo
Taxes
$420/mo
Access
Occupied unit requires 24-hour notice
Highlights
- Separately metered gas and electric
- Upper unit leased at $1,650 with a paying tenant on record
- Light scope on the lower unit — cosmetic only
Known repairs
- Lower unit kitchen refresh
- Interior paint throughout
- Water heater replacement
- Exterior trim
Deal structure
Direct-to-seller purchase. Owner of record is the listing party.