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Updated over 4 years ago on . Most recent reply

User Stats

32
Posts
5
Votes
Jeffrey Ward
  • Maryland
5
Votes |
32
Posts

Mt Vernon Baltimore Property

Jeffrey Ward
  • Maryland
Posted

All,

I was wondering if there were any savvy Baltimore investors that could help me out. This looks like a decent deal, but I'm not sure if the neighborhood or something obvious is going on that would drop the returns.

https://www.redfin.com/MD/Balt...

Thanks,

Jeff

Most Popular Reply

User Stats

52
Posts
48
Votes
Jeremie Torres
  • Rental Property Investor
  • Baltimore, MD
48
Votes |
52
Posts
Jeremie Torres
  • Rental Property Investor
  • Baltimore, MD
Replied

I can tell you that this neighborhood is one of the best out there. Historic and all. George Peabody Library (Google this) is literally just some cobblestone steps away. The monument, you can go up there for $6/person. It's a tourist spot, though it doesn't get crowded given the city's rep. Diverse - lots of foreign students cos of Johns Hopkins music school. Also, lots of young professionals. Restaurants are just around the corners at every which way you go. I go past this property every morning I do my run/walk. I live right here and in my 2 years, yes there will be police activities but where is there not? For me, Mt. Vernon IS downtown. Mercy hospital is a couple of blocks away. 

I hope that helps as far as covering the neighborhood. My apologies for not covering the property as it is out of my criteria. 

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