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The guaranteed rent! Fully occupied,with tenant placement programs paying over 80% of monthly rent. The location is perfect for tenants that may not have a car,with plenty of retail options in walking distance. The building went through a gut renovation in early 2019,so all mechanical systems are new. The building is also lead-free limited,so turnover is easier and less costly. Just 3 houses from Giant Foods and Ace Hardware. Just a 5 minute walk gets tenants to the year-round,32nd Street Waverly Farmers Market. Greenmount Avenue,just 2.5 blocks east,offers 6 blocks of various offices and retail spaces. If you are not too familiar with Baltimore,Better Waverly is adjacent to the Charles Village neighborhood. This quick video shows even more activities that tenants can enjoy without traveling far. Modern,laminate floors carry throughout the living spaces and kitchens in each apartment. Units are bright and have combination kitchen/living areas. Kitchen appliances consist of refrigerators and and 24″ gas ranges. Real wood cabinets and granite countertops in every unit. 5 of the apartment bathrooms have a tub with ceramic tub surround and 2 of the bathrooms have shower stalls with ceramic tub surrounds. All bathrooms have ceramic tile floors and modern vanities. The house sits on a large,tree shaded lot and tenants can enjoy the outdoors,as the building sits on a quiet,one way street. Subsidized rents come from Project Plase and St. Vincent. This Baltimore investment property was upgraded to 400 amps electrical service to the building just a few years ago. 100ams serve each apartment. The main water line to the street has been replaced with copper. All observable water supply lines are C-PVC and drain lines are PVC. Goodman 54,000 BTU gas-fired furnaces for each unit,with central air. All units are separately metered for electric and gas,with sub panels in each apartment. The Owner is required to pay for water for all apartments,and the lease for apartment 2 states that the owner pays for that specific tenant's gas and electric. The other 6 tenants have their own accounts with Baltimore Gas & Electric. ***Property has 7 apartments but is only licensed for 6***
Listed by Cheryl L,Sadera and Will A Cannon III, Ben Frederick Realty,Inc.

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