21 Eastford Court, Unit 21, Baltimore, MD 21234

Property Description

Looking for an updated, low-maintenance home with plenty of room to make your own? Welcome to 21 Eastford Court! This end-of-group condominium townhome offers more than 1,400 square feet of usable space across three levels, including 2 bedrooms and 1 full bath on the upper level, a bright and open living/dining area on the main level, and a full lower level offering additional space for whatever your lifestyle may need: home office, workout space, recreation area, storage, extra Bedroom, or something entirely your own. Thoughtfully updated by the current owner in 2022, the home features a renovated kitchen, updated electrical, newer hot water heater, and new sump pump. The condominium lifestyle also means less exterior maintenance to worry about, while the end-of-group location provides an added sense of space within the community. For additional peace of mind, the Seller reports an existing home warranty paid in full with coverage through March 2028, subject to the warranty company's terms and transfer requirements. Conveniently situated in Parkville near shopping, dining, parks, and major commuter routes, Eastford provides easy access to everyday conveniences and destinations throughout Baltimore County. Looking for an investment instead? The numbers may be worth a closer look. The property is currently tenant occupied at $1,751 per month ($21,012 annually). Based on current rent and Seller-provided operating expenses, the property reflects an approximate 8.5% current cap rate at the asking price. The same tenant has occupied the property since May 2022, and the Seller reports more than four years of timely rental payments with no late payments, continuous occupancy, and that the tenant has taken excellent care of the property. The tenant would love the opportunity to remain following a sale to an investor purchaser. For an investor looking to add an established, income-producing rental to their portfolio without immediately having to locate and place a new tenant, Eastford offers income already in place and more than four years of actual tenancy history to review. Lease information, Seller-provided rental/payment history, and an Investment Property Summary are available for prospective purchasers as part of their due diligence. For a prospective owner-occupant, Eastford may offer the opportunity to make this home your own, subject to the existing tenancy, lease terms, and all applicable tenant rights and notice requirements. Whether you're looking for a low-maintenance home with room to make your own or an established addition to your investment portfolio, 21 Eastford Court offers two very different opportunities under one roof. Schedule your showing and see the possibilities for yourself! Showings require a minimum of 24-hour notice. Cap rate is based on current rent and Seller-provided operating expenses and does not include financing/debt service, buyer-selected management fees, vacancy or maintenance/capital reserves, or other buyer-specific expenses. Buyer to independently verify all figures and perform their own investment analysis.

Property Features

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