● Renovated in 2020: Two Self Contained Apartments w/ Low Maintenance Infrastructure ● Ideal for House Hacking: Live in One Unit While Renting the Other to Offset Your Mortgage ● Turn-Key Duplex with Modern Finishes, Granite Countertops and Ceramic Tile Flooring ● Priced at $185,000 with an 11.04% Cap Rate and 16.8% Projected Cash-on-Cash Return Apartment Interiors: This end-of-group row home features two one-bedroom apartments with functional layouts and modern updates from a 2020 renovation. Kitchens in this turn-key duplex feature granite countertops, wood shaker cabinets, 30” gas ranges, built-in microwaves, and dishwashers. Bathrooms feature modern vanities and steel tubs with ceramic tile surrounds. Apartment 2 offers modern hardwood floors throughout the living spaces, while Apartment 1 features laminate flooring in the living area and carpet in the bedroom. Both kitchens and baths are finished with easy-to-maintain ceramic tile flooring. Each unit also has a stacked washer and dryer adding convenience for tenants. Utility Breakdown: The apartments are self-contained, giving tenants control over their own gas and electric consumption. Each unit is equipped with a Goodman gas-fired furnace and a Rheem 40-gallon gas-fired water heater. Electric service includes two meters with a combined capacity of 200 amps, and gas service is separately metered with two meters. Durable C-PVC supply lines and PVC drain lines ensure long-term reliability. Best of all, there’s no monthly public service bill. What’s Great About Allendale: Edmondson Village, encompassing neighborhoods like Allendale, Lyndhurst, Edgewood, and Uplands, is experiencing a significant revitalization that enhances its appeal. The historic Edmondson Village Shopping Center, established in 1947, is undergoing a transformative redevelopment led by Chicago TREND, a Black-owned commercial real estate investment company. This initiative includes the introduction of an Aldi grocery store and the new headquarters for Meals on Wheels of Central Maryland, both slated to open in 2026. The redevelopment is a community-driven effort, with over 200 local investors participating through a crowdfunding campaign. This collective investment aims to foster economic growth and strengthen neighborhoods within Edmondson Village. These developments not only provide essential services but also create employment opportunities, contributing to the vibrancy and growth of the area. For residents and potential investors, Edmondson Village represents a community on the rise, blending historical significance with modern amenities and a strong sense of local ownership. Rent roll and proforma in Documents. 1 Apartment is occupied; 1 is vacant. Schedule a Private Showing

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Feb 22, 2025 • Source: BRIGHT

MLS# MDBA2155816 — Report a problem