600 GLENOLDEN AVENUE, BALTIMORE, MD 21216

INVESTOR ALERT! Add some cash flow to your investment portfolio with this great turn-key rental property with an excellent long term tenant! The property is occupied by very long term tenant who has lived in the house and taken very good care of it for over 25 years. He has never missed a payment or paid his rent late. The tenant also pays the water bill and always pays it on time as well. He would like to stay in the home of possible, but he is also ok with leaving if given the a 60 day notice to vacate from the new owner. The current rent is $875/month. But it has not been raised in several years. The house is being sold AS-IS, but the owner is not aware of any issues with the house. A handful of houses have been completely renovated on the block over the last 2 years, and completely renovated homes that have been rented out are appraising for in between 180k and 215k. And the average market rent for recently renovated row homes in the neighborhood is in between $1,400 and $1,900 per month.