This property, located in Baltimore's Woodberry neighborhood, comprises two units, each with 2 beds and 2 baths. With rents in the area ranging from $2,900 to $4,000 per month, total potential monthly revenue is between $5,800 and $8,000. Current market conditions are favorable, with a strong demand for well-maintained, centrally located multi-family homes. Features like newer appliances, a fenced yard, and proximity to amenities enhance its rental appeal. However, the property's pending status might limit immediate opportunities.
To boost rental income, consider minor renovations such as enhancing curb appeal and upgrading interiors to modern standards. If selling, highlight the property's updated systems, rental history, and location benefits. Addressing any pending issues prior to listing could also maximize its market value. Prospective buyers value properties with established revenue streams, so consider securing tenant agreements before selling.