3717 GREENMOUNT AVE Baltimore, MD 21218

Welcome to 3717 Greenmount Avenue, Baltimore, MD 21218—an exceptional investment opportunity nestled in the thriving Waverly community, directly across from the prestigious Guilford neighborhood. This mixed-use property offers four residential units and one commercial unit on the main -level. The commercial space is currently set up as a laundromat, complete with all necessary machines and equipment, though it is not currently in operation. This offers a unique chance to revitalize and reopen the laundromat, catering to the local community's needs—especially considering that the majority of nearby housing is rental-based, reflecting a potential demand for such a service. The four residential units are separately metered and include two studio apartments and two two-bedroom units, providing versatile rental options. All meters are conveniently located in the lower level/basement of the property. While this property is in need of a full rehab, it is attractively priced to allow for significant sweat equity and profit post-renovation. Once renovated and operating at full occupancy, this property is poised to yield substantial cap rates, making it an ideal addition to any investment portfolio. Don't miss out on the chance to transform this property into a profitable venture in one of Baltimore's up-and-coming areas!