726 Reservoir St
About this property
Back on the market!! Investors and House hackers!!! PAY ATTENTION. THIS IS THE ONE YOU'VE BEEN LOOKING FOR. Fabulous opportunity for owner-occupant to really take advantage of the FHA-203K program and improve a great investment and live (relatively) rent-free. This building opens to a cute lobby area with floor to ceiling windows, the original staircase and skylight. First floor and third floor are rented by stable tenants who take care of their spaces. So, turn-key rentals the day you move in. Annual rental income is currently $21,000 per year with the two units rented . Second floor unit is a blank slate waiting for your vision of your own home to come to life. Building is in good shape - will improve your ARV with some easy updates like laundry in units and maybe some kitchen and bath updates. Reservoir Street is tree-lined and has stately Victorians lining the block. Fabulous location in Reservoir Hill - near Druid Hill Park and easy access to both MLK and 83. Building was just inspected - available in documents. Being sold strictly as-is with 15-day right to inspect. Make sure you check out the Matterport virtual tour. Prior to showing tenant occupied units, prospective buyers must fill out and certify Financial Information Sheet, COVID Hold Harmless, and provide proof of funds or pre-qualification. All documents available with listing. Easy to see vacant owner's unit without documents.
Features and Additional Information
Schedule a Private Showing
Presented By Addison Wolfe Real Estate
| BALTIMORE CITY-MD County |
Schools in the Area