#MDBA2149638, Sandra E Echenique, Listing Office: Keller Williams Gateway LLC
$2,375
closing credit¹
407 N Collington Ave Baltimore, MD 21231
Property details
About 407 N Collington Ave
16.5% ROI - 9.3% Cap Rate - 9% COC - Ideal Investment Opportunity! Discover this fantastic duplex featuring two well-maintained one-bedroom, one-den or second bedroom, one-bathroom units, perfect for investors or owner-occupants looking to generate rental income. Each unit can rent for $1,100 or more per month. Located in the desirable Care neighborhood, just blocks from Johns Hopkins Hospital and minutes from Patterson Park, this property offers the best of both worlds – comfortable living spaces and excellent income potential. Both units are separately metered for gas and electric and have separate entrances within a common foyer. Multiple strategies available with this property including; leasing each unit separately, renting each unit as a mid term furnished rental, living in one unit while leasing out the other, living in one unit while renting out the other as a short term rental, living in one unit while family lives in the other. ** See documents for potential rental returns. Buyer to perform own due diligence. Sold As-Is.
Highlights
(ACTIVE)
Summary
- MLS Number: MDBA2150852
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 860-7369
- Office Email: md.broker@exprealty.net
- Listing Agent: Thomas A Altvater
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Last updated on: 2/1/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$200,000
407 N Collington Ave
$2,375
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $157,100 | $3,547 |
2023 | $150,300 | $3,547 |
2022 | $143,500 | $3,386 |
2021 | $129,000 | $2,357 |
2020 | $114,500 | $2,702 |
2019 | $100,000 | $2,348 |
2018 | $99,900 | $2,357 |
2017 | $126,667 | $2,989 |
History based on county public records data.
Nearby schools
1
William Paca Elementary School
Public District PK-5
0.4 mi
•200 N Lakewood Ave
2
Wolfe Street Academy
Public Charter PK-5
0.6 mi
•245 S Wolfe St
1
Dr. Bernard Harris, Sr. Elementary School
Public District PK-5
1.0 mi
•1400 N Caroline St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,944. The most common annual income of people living in Baltimore, MD is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 407 N Collington Ave in Baltimore, MD and zip code 21231 in the CARE neighborhood. This 1,410 square foot home, which was built in 1910, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $200,000.
While more than 158 listings in Baltimore, MD in January 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 202 were sold below. Between December and January 2025, Baltimore, MD real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in January 2025 was $229,497, while the average time on the real estate market was 45 days.