GET STARTED | Access Our Properties List Today

  • This field is for validation purposes and should be left unchanged.

🏠💰Sub 2 / Creative Tri-Plex at 30%+ Cash on Cash Return🔥 Assigned

  • $40,000+
  • 7 beds
  • 3 baths
  • 1,950 sqft
Assigned

https://youtube.com/shorts/j6cNxJv2CeA

 

https://youtube.com/shorts/0GtX8qOzEn0

 

https://youtube.com/shorts/IiW2C78QKBg

 

Sub2 / Creative

5214 Kramme Ave, Baltimore, MD 21225

Interest Rate: 2.75%

3 Units – Triplex – Already 90% Renovated and Remodeled

One-Time Showing: Wednesday 05/24 at 1PM

 

Are you looking for something actually worth holding that, after expenses and payments, should still put you in the 30’s % for your cash on cash return?! 

 

Yes, with what you will put into this, you will earn 30% or more on your cash year over year!

 

Entry Price Starting at: $40,000 including back payments and assignment fee, ALL-IN to this deal at $40,000 (plus closing costs)

Upstairs Unit: 2/1 renting out for $950

Main Level first floor: 3/1 renting out for $1,850

Basement: 2/1 currently vacant – already remodeled except floors – just need new floors to be rented for an additional $1,200+

Current rent collected: $2,800

Rent to be collected after basement floors are done: $4,000+

 

Numbers Breakdown:

✅ Total monthly payment (Total PITI): $1,995
✅ Current rent collected: $2,800
✅ $0 Down to Seller
✅ Immediate $800 net-net cash flow positive
✅ Basement just needs floors and can be rented out for $1,200
✅ After you install floors in the basement and rent it out: Approximately $2,000 net to you (not including property management)
✅ 10-year Balloon to exit original loan
✅ NO HOA
✅ Total entry fee starting at $40,000 + Closing Costs
✅ Buyer pays all closing costs
✅ 10K EMD required to lock you in
✅ Lease agreements in place – great tenants 

 

Main level and basement level have central A/C units

Upstairs / top level has window units

 

Call Kody: 410-343-4909

 

Submit Offer 

 

IMPORTANT INFORMATION
  1. As always, we co-op with all agents.
  2. This is a wholesale assignment deal.
  3. Cash/hard money/private money only.
  4. All offers will be due by 5pm on Friday 05/26.
  5. Offer to be selected by 12pm on Monday 05/29.
  6. Proof of funds required to enter into Agreement & take house off the market.
  7. EMD: $10,000 if we have not closed a deal together.
  8. EMD: $5,000 if we have closed one or more together before.
  9. EMD must be delivered within 24 hours.
  10. RESE Title Company.
  11. MUST CLOSE WITH OUR TITLE COMPANY.
  12. Property sold as-is including contents.
  13. Buyer to pay ALL closing costs.
  14. One-Time Showing Only.
  15. Must Attend Showing or Your Contractor/Partner Must Attend One-Time Showing.

 

Location & Structure Information
Premises Address: 5214 KRAMME AVE
BALTIMORE 21225-0000
 Legal Description: LT 15 PL 2
5214 KRAMME AVE
STOLLS MANOR
Map: Grid: Parcel: Neighborhood: Subdivision: Section: Block: Lot: Assessment Year: Plat No: 2
0002 0020 0043 5010001.02 749 15 2023 Plat Ref: 0018/ 0031
Town: None
Primary Structure Built Above Grade Living Area Finished Basement Area Property Land Area County Use
1949 1,713 SF 746 SF 2,294 SF
Stories Basement Type Exterior Quality Full/Half Bath Garage Last Notice of Major Improvements
2 YES END UNIT BRICK/
 3 3 full
Value Information
Base Value Value Phase-in Assessments
As of
01/01/2023		 As of
07/01/2022		 As of
07/01/2023
Land: 15,000 25,000
Improvements 133,600 263,700
Total: 148,600 288,700 148,600 195,300
Price:
$40,000+
Address:
5214 Kramme Avenue
Baltimore, Maryland 21225
Square Feet:
1,950
Bedrooms:
7
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Triplex
Year Built:
1949

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197