Sparrows Point Homes under $400,000

Sparrows Point Homes under $400,000

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Newest Sparrows Point Homes under $400,000

7213 N Point Rd, Sparrows Point
$324,900
Investors, here is your opportunity to add a well-maintained three-unit (triplex) rental property to your real estate portfolio! When fully occupied, this income-producing property generates $3,875 per month in gross rental income! The property has been very well maintained, featuring newer appliances, countertops, fixtures, flooring, updated bathrooms, trim and other improvements. Additional highlights include a covered front porch, a side sunroom and a massive, level, fenced backyard with plenty of space to relax, play or entertain. The entire property is zoned BL (Business Local) but is currently utilized as a residential triplex, with three rental licenses available. Apartment 1: Currently rented for $1,400 per month to a long-term tenant who has occupied the property since April 2022. The tenant is presently on a month-to-month lease and is scheduled to vacate on October 31, 2026. This apartment also enjoys additional finished living space in the basement. Apartment 2: Currently rented for $1,200 per month. The existing tenant would like to remain in place and has an active lease extending from July 1, 2025, through June 30, 2027. Apartment 3: Located on the upper level, this apartment is currently vacant and ready for a new tenant! Previously generating $1,275 per month in rental income, it offers an opportunity for the next owner to secure a new tenant and restore the property's full rental income potential. The basement provides additional finished living space for Apartment 1, individual tenant storage lockers and a shared laundry area. All three apartments are separately metered, with tenants responsible for all utilities. The unfinished potion of the lower level offers extra storage space or even future expansion of extra living space for a bit more rental income. Electric services are separately metered per unit. The natural gas is on one service meter that supplies the Three Zoned heating system. The public water is on one service line and supplied to each of the three units. Both the gas and water bills are a shared monthly cost that each tenant pays 1/3rd monthly. Two units are tenant occupied at this time.

7213 N Point Rd, Sparrows Point

Listing courtesy of RE/MAX Advantage Realty. Contact:

9215 & 9217 Todd, Sparrows Point
$359,900
7 Beds ⋅ 3 Baths
9215 & 9217 Todd Avenue, located in the "Small Zip Code of Fort Howard, MD 21052" 9215 Todd Avenue, including the secondary dwelling known as 9217 Todd Avenue, presents a rare opportunity to own a lead-safe, Baltimore County inspected and registered dual-dwelling investment property in the historic Fort Howard area of Maryland. Get two dwellings for the price of one with this income-producing multiple dwelling property offering $3,200.00 per month in rental income. Current leases are in place through April 30, 2027, providing immediate and stable cash flow for investors. Duplex and multi-dwelling investments offer significant advantages, including increased rental income potential and stronger long-term investment value compared to many single-family properties. In addition to the current income stream, the land itself may present future redevelopment opportunities should a buyer choose to remove the existing structures and potentially build new dwellings in the years ahead. The Waterview is amazing up and down Todd Ave. Conveniently located near Sparrows Point, Edgemere, and Baltimore, this property offers easy access to I-695, I-95, Tradepoint Atlantic, Canton, Johns Hopkins Bayview, local marinas, waterfront parks, restaurants, hiking trails, and biking trails. The surrounding area continues to attract homeowners, investors, and professionals seeking affordability, convenience, and access to waterfront recreation and major employment centers. Please note: The property is tenant occupied and is not currently move-in ready for owner occupancy this year. Do not knock on the doors or disturb tenants. All showings must be scheduled in advance through your agent or directly with the listing brokerage.

9215 & 9217 Todd, Sparrows Point

Listing courtesy of RE/MAX Advantage Realty. Contact:

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