Listing Courtesy Of:
Ben Frederick Realty, Inc., 4102359500, Cheryl Sadera
Local Realty Services Provided By:
Keller Williams Legacy
Overview
What It'll Cost
Neighborhood
Similar Homes
$475,000
3207 GUILFORD AVE, BALTIMORE, MD 21218
6 Beds
4 Baths
2,394
sq ft
.05
ac
Log In to Reveal Price
$475,000
3207 GUILFORD AVE, BALTIMORE, MD 21218
Estimation provided by Keller Williams Realty Inc.
6 Beds
4 Baths
2,394
sq ft
.05
ac
Active
For Sale
Property Description
This rented 6-bedroom, 3-bath home is leased from 5/1/2025 through 5/31/2026, making it a turnkey investment for rental property owners. Great investment property: 8.6 GRM @ market rents; 9.62% Cap Rate, 12.85% Projected Cash-on-Cash Return. Current rent is $4,400; market rent is $4,600. Tenants are responsible for all utilities and snow removal!The home features wood floors throughout, fresh paint, and a denned-out basement. An oversized living and dining area provides ample space for entertaining. The kitchen is built for durability, equipped with a 30" gas range, refrigerator, dishwasher, garbage disposal, and easy-to-maintain laminate countertops. A convenient half bath is located on the main floor.The second floor offers four bedrooms and a full bath, while the third floor has two additional bedrooms and another full bath. The partially finished basement provides abundant storage or extra living space and includes a third full bathroom, along with a washer and dryer.This property holds a valid rental license through 4/4/2027 and is professionally managed by a local company for added ease.Residents can enjoy free street parking on Guilford Avenue, while those seeking off-street parking have access to over 20 nearby garages, professionally managed by Preller Properties.The property is just four walkable blocks from Johns Hopkins University Homewood Campus and the Charles Village Shopping District, home to Chipotle, Starbucks, Barnes & Noble, Streets Market, and a variety of shops and restaurants. Union Memorial MedStar Hospital is conveniently located two blocks north.For added peace of mind, the street is monitored/serviced by Charles Village Special Benefits District and Johns Hopkins Campus Security Officers.Incoming group of tenants did receive a leasing incentive; May 2025 Rent is discounted to $2700. See our cash flow in documents.
Assessed Value is a combination of the land and additions.
2023
$4,696
(+5.07%)
$208,600
No Breakdown Available
2022
$4,470
(+2.37%)
$189,400
Land 90,000 +
Additions 99,400
2019
$4,366
(-0.48%)
$185,900
Land 90,000 +
Additions 95,900
2018
$4,387
$188,233
No Breakdown Available
2017
$4,387
$185,900
Land 90,000 +
Additions 95,900
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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