4209 Nicholas Avenue

Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, September 14th & ends Thursday, September 19, 2024 at 12:30pm. This lead-free brick porch-front townhouse offers a solid investment opportunity. Currently occupied by a Section 8 tenant, it features 3 bedrooms, 1.5 baths, and a fully renovated interior. Key Features: Income: Gross monthly rent of $1,927 ($23,124 annually). Section 8 pays the full amount, and the tenant contributes $0.00. Expenses: Tenant pays gas and electric; owner pays water. Layout: Main level includes living room, dining room, half bath, and kitchen. Upper level features 3 bedrooms and a full bath. Unfinished lower level offers ample storage, laundry facilities, and mechanical systems. Renovations: Extensive renovations in 2016 included new wiring, plumbing, drywall, windows, HVAC, flooring, kitchen, and roof. Recent updates in 2023 added vinyl plank flooring, granite counter-tops, appliances and fresh paint. Location: This townhouse is conveniently located in the Belair-Edison neighborhood of Baltimore City, offering easy access to dining, shopping, schools, recreation, and transportation. Pictures were taken by Alex Cooper just before the tenant moved in the property in February 2024.