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About the Listing LNG55 - 3294761
FIRST HOME? LET THIS ONE HELP PAY FOR ITSELF. Backs to a park, 1/4 mile to Towson University, NO HOA. Stop paying rent and start building equity in this move-in ready Towson townhome. Three finished levels, a renovated gourmet kitchen with stainless steel appliances, granite counters and a great backsplash, gorgeous hardwood floors and updated baths. The hot water heater was replaced in July, so one big expense is already handled. Out back, the deck looks onto the park with nothing built behind you, and a 1-car parking pad in the rear keeps your parking simple. With no HOA, there are no association fees and no one telling you what to do with your home. ROOM TO GROW OR ROOM TO EARN: The washer and dryer are on the bedroom level in a room currently used as a large walk-in closet. Move the laundry to the basement hookups and that room becomes a true bedroom. The finished basement can be a 4th bedroom, home office, rec room or man cave. Live in one room and rent the others, or keep it all for yourself. HOUSE-HACK YOUR WAY IN: Let roommates or tenants help cover the mortgage while your equity builds. Towson University is a quarter mile away, so rental demand is built in. Parents of students, buying beats four years of dorm or apartment bills with nothing to show for it. INVESTORS, RUN THE NUMBERS (ESTIMATES ONLY, NOT GUARANTEED): List price: $330,000 Projected rent: $2,400 to $2,600/month ($28,800 to $31,200/year) Less: 5% vacancy, property taxes of $3,817, estimated insurance of $1,200, 5% maintenance reserve and 8% property management fee Estimated net operating income: $18,600 to $20,600/year Estimated cap rate: 5.6% to 6.2% with professional management Estimated cap rate if self-managed: 6.3% to 7.0% Updated, no HOA, near a major university, and flexible as a 3 or 4 bedroom. Close to shopping, dining and commuter routes. Homes this close to campus with updates and no HOA go fast. Call today to schedule your showing! Projected rents, expenses and returns are estimates for illustration only. Buyers should verify all figures independently.
Listing Highlights for 141 Marburth Ave
Status
Active
Days on Site
15
Property Type
Townhome
MLS ®
MDBC2179508
Year Built
1952
Total Square Footage
2,432
Lot/Acreage
0.04
County
Baltimore
Neighborhood
Burma
School District
Baltimore County Public Schools
Elementary School
West Towson
Middle School
Dumbarton
High School
Towson
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Dishwasher, Disposal, Built-In Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
- Air Cond: Central A/C
- Heating: Heat Pump - Gas BackUp
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1824
- Below Ground Sq Ft: 608
- Basement: Walkout Stairs,Rear Entrance,Partially Finished
- Other: Floor Plan - Open
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 1
- Zoning: R11
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street,Driveway,1+ Spaces
Financial Details
- Tax Amount: $3,817
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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Listing Location
Questions About..
141 Marburth Ave Towson, MD 21286
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