$129,900

721 RICHWOOD AVE, Baltimore, MD 21212

  • 3 beds |
  • 2 baths |
  • 1,200 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $108/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Turn-Key Income-Producing Opportunity in Historic Govans! Well-maintained tenant-occupied rowhome in the evolving Govans neighborhood of Baltimore City. This turn-key investment boasts original hardwood floors on the main level, elegant ceramic tile, and high ceilings that add spacious character. Upstairs features three generously sized bedrooms and a full bath—ideal for families or shared living arrangements. Whether you're a novice looking to start your investment journey or a seasoned investor adding to your portfolio, this property checks all the boxes. It offers consistent monthly cash flow while your real estate asset appreciates in value over time. Located near the heart of Govans, a neighborhood with deep roots tracing back to the 1700s and undergoing a revitalization, this property sits in a community known for its historical charm and strategic location. From the resurgence of Belvedere Square to the ongoing development efforts along the York Road corridor, Govans continues to attract interest from homeowners and investors alike. . Don’t miss this chance to own a piece of Baltimore history while generating income from Day One! Current lease is month to month. $1,250 per month. Reliable, long term tenant over 8+ years. Please schedule a showing to view the interior of property or have agent communicate with listing agent. , did not want to put tenants personal items on the MLS. Tenant requested 48 Hours Notice for tour, with almost certain confirmed appointment.

Listing Status:
Active
Date Added:
April 23, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 8333357433
Listing Agent:
Kent V. Blake : 4435352083
MLS ID:
MDBA2165056
  • Rooms: Dining RoomBedroom 3KitchenFamily RoomBedroom 1LaundryStorage RoomBathroom 1Bathroom 2Bonus Room
  • Appliances: MicrowaveOven/Range - GasRefrigeratorWasherDryer
  • Laundry: Has LaundryDryer In UnitWasher In UnitHookup
  • Basement: Partially finished
  • Flooring: HardwoodTile brickOther
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: Level Entry - Main

This listing courtesy of Kent V. Blake, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Guilford Elementary/Middle School

4520 York Rd, Baltimore, MD, 21212

Grades PK-8

0.29 miles away

G

Guilford Elementary/Middle School

4520 York Rd, Baltimore, MD, 21212

Grades PK-8

0.29 miles away

M

Mergenthaler Vocational-Technical High School

3500 Hillen Rd, Baltimore, MD, 21218

Grades 9-12

1.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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