3404 OAKENSHAW PL Baltimore, MD 21218

OFFER DEADLINE TUESDAY, NOVEMBER 5 BY 10:00AM. GIVEN TENANTS, PLAN IS TO SCHEDULE ON WEEKENDS. Investor alert. Rental income from home and garage! It's actually a single family home. SELLER HAS MOVED OUT OF TOWN AND SO IS READY TO LET GO OF HIS CASH COW! Rented through June 2025 at $4700 per month. Garage rented month to month for $150.00. So gross equals $58,200. Expenses average approx. $10,500.00 or less per year. So, make a sweet profit from year one! House has been a rental since 2009 and never had a vacant month. Seller has always rented for 2 year intervals and may already have a group of JHU students who could start when this lease ends in June. Current tenants help find new ones! (FYI, expense break down: $1500-1750 per year for repairs, $2000.00 + every two years to prepare the home for the next group. Insurance is $1756 , taxes are $5919 per year. ) Tenants are required to have renters insurance. Parents guarantee. Tenants pay water bill and other utilities. And this home structurally is in good condition. Heat, electricity and plumbing is updated. Newer pipes even. The roof is new in 2019, hot water heater this year, solid gas furnace, etc. And, despite its rental history, is a solid home with original detail and charm, five bedrooms, two full baths. Someday, maybe now, one can easily return this to a homeowner. It's located on a tree-lined street in the heart of historic Oakenshawe, It's a wonderful neighborhood. If you enjoy the outdoors, this home has a lovely covered front porch and a private back patio. For a homeowner, this one just needs some sprucing up. Be sure to notice the hardwood flooring with walnut banding, the wood burning fireplace, and a modern kitchen with stainless steel appliances, a butler's pantry and French Doors leading to your back patio. This home also has a detached two-car garage with automatic openers. And location is everything! We are just blocks away from Johns Hopkins University, the Baltimore Museum of Art, Gertrude's Restaurant, Charles Village, Guilford and Sherwood Gardens, and oodles of restaurants and cafes.