Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Waterman Realty
Property view

502 N Collington Ave, 
Baltimore, MD 21205

$150,000


2

Beds


1

Bath


-

Sq Ft


Townhouse

Sold

Listed by

Garet Turner

Bought with Next Step Realty

eXp Realty, LLC.

MLS#

MDBA2091836

Source:

BRIGHTMLS

Sorry, we are unable to map this address

About This Home

502 N Collington Ave

Discover this meticulously maintained 2-bedroom, 1-bathroom gem, nestled in a prime location, walking distance to Johns Hopkins University (JHU) Medical Center. With a current month-to-month HCVP tenant in place, generating a robust annual cash flow of nearly $16,000, this property offers a golden investment opportunity. The well-crafted interior boasts comfortable living spaces flooded with natural light, providing tenants with a cozy haven to call home. Featuring a tastefully designed layout, this property not only aligns with the 1% rule but also holds the potential for increased rent through a pending request with HCVP. The current tenant's stability and the promising future rental prospects make this a winning deal for savvy investors seeking a reliable income stream. However, the property can be delivered vacant with enough notice (60 days) given and this could be a new home for an owner-occupier. Moreover, this property presents an exciting opportunity for those considering a larger investment venture. Its strategic location and solid financial performance make it a prime candidate for a portfolio expansion. Don't miss out on the chance to acquire a turnkey investment that combines effortless management with substantial returns. **ASK US OR YOUR AGENT ABOUT A SECOND VACANT UNIT COMING AVAILABLE AFTER RENOVATIONS ON THE SAME STREET. SELLER IS ONLY LIQUIDATING THESE ASSETS TO ACQUIRE OTHERS.**

Home Facts

Townhouse

1 Bath

2 Bedrooms

Built in 1920

Price Summary

150,000

MLS #:

MDBA2091836

Sold:

November 29, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1


Structure

Structure

Architectural Style:

Federal

Year Built:

1920


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$150,000

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright Mls All rights reserved.