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801 PHILLIPS STREET, Cambridge, MD 21613
$132,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
1
bath
816
sqft
Built in
1928
Investors take notice. 801 Phillips St in Cambridge has the best of both worlds with high rental income and low carrying costs. The house is stories with a one story addition on the back,. There are four bedrooms Upgrading was done to code over the past four years, which includes rear roof (metal), windows, electric baseboard, drywall, kitchen cabinets, wiring, laminated flooring, and salt treated floor joists. The property has lead free paint certification from the MD Dep\t. of Environment, so city registration and MD lead paint program are not necessary. The tenant has resided in the house almost two years. The rent is $1300 per month which is fully paid by Section 8, with a request pending for a $100 increase in June 2024.
Features & Amenities
Interior
- General:
- Floor Plan - Traditional,Kitchen - Eat-In
- A/C:
- None
- Heating:
- Y, Baseboard - Electric, Electric
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Traditional
Construction
- Roofing:
- Metal,Asbestos Shingle
- General:
- Vinyl Siding, 2, Pillar/Post/Pier
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DORCHESTER COUNTY PUBLIC SCHOOLS
- County:
- DORCHESTER
Lot
- Zoning:
- R-3, 1007120877
- Current Use:
- R
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Appliances, Window A/Cs
This listing courtesy of:
Sharon Real Estate P.C., Richard D Harrington
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Cambridge, MD
Housing
- Number of Units
- 9,218
- Median Home Value
- $225,258
- Median Rent
- $607
44.58% of housing units are renter occupied.
15.77% are vacant.
Commute
- Car
-
83.78%
- Public Transportation
-
0.97%
- Walk to Work
-
1.84%
- Work from Home
-
13.20%
- Other
-
0.21%
The median travel time to work is 22 minutes.
People
- Population
- 17,835
- Median Age
- 43.60
- Median Household Size
- 2.36
Education
- High School
-
33.92%
- Associate’s Degree
-
6.73%
- Bachelor’s Degree
-
12.50%
- Graduate Degree
-
10.41%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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