- /
$95,000
$91,500
3.8%For more information regarding the value of a property, please contact us for a free consultation.
11921 TARRAGON RD #I Reisterstown, MD 21136
1 Bed
1 Bath
747 SqFt
Key Details
Sold Price $95,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 747 sqft
Price per Sqft $127
Subdivision Gardens At Owings Mills
MLS Listing ID MDBC2021244
Sold Date 02/11/22
Style Traditional
Bedrooms 1
Full Baths 1
Condo Fees $206/mo
HOA Y/N N
Abv Grd Liv Area 747
Originating Board BRIGHT
Annual Tax Amount $1,339
Tax Year 2020
Property Description
INVESTOR ALERT! Unique opportunity to stay in Baltimore County and own a turn key rental in Reisterstown for under $100,000! Property is already leased for $1,100/mo to qualified tenants with existing lease in place through June 2022! Fantastic, desirable location with convenient access to I-795, bus routes, subway system, shopping and dining! Parking lots were recently redone from the ground up. Property was recently renovated opening up the kitchen to fit desirable full-sized stainless steel appliances that similar units simply cannot accommodate; result is an OPEN FLOOR PLAN not seen in the other units within this development! Property boasts bamboo flooring and has a modern farmhouse aesthetic. Features include a stainless steel ethanol fireplace with stone surround built into elegant paneled wall with reclaimed oak mantel. Unit also features a unique mudroom space with built-in closet, coat hooks, bench seat, and additional storage. Wall to wall carpet in the bedroom less than 2 years old.
Included for download is an "Investment Property Income and Expense Budget" to help with your analysis of the home as an investment. Cap Rate: 8.03%, Debt Coverage Ratio (DCR): 1.86, ROI from cash flow: 14.86%, GRM: 6.63.
Location
State MD
County Baltimore
Zoning RESIDENTIAL
Rooms
Main Level Bedrooms 1
Interior
Interior Features Floor Plan - Open, Window Treatments, Other
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Bamboo, Carpet
Fireplaces Number 1
Fireplaces Type Other
Equipment Stainless Steel Appliances, Oven/Range - Gas
Fireplace Y
Appliance Stainless Steel Appliances, Oven/Range - Gas
Heat Source Natural Gas
Laundry Lower Floor
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available
Amenities Available Common Grounds
Water Access N
Roof Type Architectural Shingle
Accessibility None
Garage N
Building
Story 2
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Baltimore County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Custodial Services Maintenance,Ext Bldg Maint,Trash,Lawn Maintenance,Management
Senior Community No
Tax ID 04042100013541
Ownership Condominium
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Rose Ella Pich • Long & Foster Real Estate, Inc.