2916 Woodland Avenue

Description

First-Time Homebuyers! This property qualifies for 100% FINANCING product (conventional product). ALSO, for that home buyer who wants to be an INVESTOR: You can live in one unit and rent the other! ALSO, Home can also easily be converted back into a single family dwelling. Welcome to 2916 Woodland Avenue in the Cylburn neighborhood of Baltimore. This detached home with a large covered front porch features two 2 BR units. (Home is zoned as a 1 unit through Balto City, as seller lives in top unit and rented the bottom unit). Home would be ideal for an FHA 203k loan. Unit 1 is the main level and the basement. Main level consists of 2 BR (2nd BR walks through 1st BR (there is also an option for BR 2 in LL)), 1 BA, large LR with gas fireplace (turned off), DR and kitchen. This main level features hardwood floors that can be brought back to life. The basement, which is accessed from the inside and part of Unit 1 features an optional 2nd BR, laundry hook up, office/playroom space and a 2nd full BA. Unit 2, separate entrance to left of main door, is the upstairs unit and features 3 BR (one BR is currently set up as the LR, eat-in kitchen (which could be converted to a BR too, which would give you 4 BR upstairs) and 1 BA. Unit 1 was rented (not currently rented) for $1300 and unit 2 is the owner's home and was not rented, but would rent for about $1100. Home features a new roof in the last 2 to 3 years. Each unit has its own furnace, water heater and meter. Unit 1 is radiator heat and unit 2 has a gas furnace. Home is being sold As Is. Home would be ideal for an FHA 203k loan. Seller will need a 30 day rent back.