Owner Finance Available
592 Oldtown Mall
Baltimore, MD 21202
🛏️
3
Bedrooms
🚿
3
Bathrooms
📏
1,890
Sq Ft
📅
1920
Year Built
Baltimore, MD 21202
3
Bedrooms
3
Bathrooms
1,890
Sq Ft
1920
Year Built
Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1200 a month and apartments rent for about 1600/month nearby. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing.. The owner is willing to finish some of the repairs with the right offer. SELLER WILL ENTERTAIN SELLER FINANCING AND OR RENT TO OWN OPTIONS.
Property Type
Townhouse
Year Built
1920
HOA
None
Listed Price
$195,000
Free account - No credit card required
Owner financing means the seller of 592 Oldtown Mall acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Baltimore, MD is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Baltimore property.