3614 3rd St, Brooklyn, MD 21225
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
3614 3rd St,Brooklyn, MD 21225
$135,000
- 5 Beds
- 3 Baths
- 2,282 sq. ft.
- Single family
- Active
Listed by: victor anthony brocato
Office: long & foster real estate, inc.
MLS#:MDBA2233138
Source:BRIGHTMLS
Price summary
- Price:$135,000
- Price per sq. ft.:$59.16
About this home
INVESTORS, RUN THESE NUMBERS! 5 BR / 3 FULL BA with HARDWOODS for $135,000, sold AS-IS in Brooklyn (21225).
THE RENT: Comparable 5BR rentals on and near 3rd St are asking $2,600 to $3,100/mo. A same-block 5BR/3BA has marketed at $2,900/mo and a 5BR/4BA on 4th St at $3,100/mo.
THE RETURN (estimates): At $2,800/mo = $33,600 gross per year. That is a 4.0 GRM and 2.07% rent-to-price. After 5% vacancy, est. taxes ($2,600), insurance, maintenance, management and capex reserves, est. NOI is about $20,600 = approx 15.3% cap rate on the $135K price. Conservative case at $2,600/mo = approx 14.0%. At $3,100/mo = approx 17.3%.
ALL-IN: Add a $40K rehab and your basis is $175K at an est. 11.8% cap. A $60K rehab puts you at $195K and an est. 10.6% cap.
UPSIDE: By-the-room rentals on this block have marketed at $875 per room all-in. Five rooms would gross about $4,375/mo (buyer to verify zoning, occupancy limits and rental licensing).
EXIT: Recent 3rd St sales have ranged from $167K to $215K, so there is room to build equity for BRRRR or flip buyers once the work is done.
THE DEAL: Hardwoods are already in place. 3 full baths mean fewer tenant conflicts and a wider tenant pool. Sold strictly AS-IS, no repairs and no warranties. Cash or renovation financing recommended.
All figures are estimates, not guarantees. Buyer to verify rents, taxes, zoning, condition and all information....
Contact an agent
Home facts
- Year built:1923
- Subdivision & Development:BROOKLYN
- Listing ID #:MDBA2233138
- Added:1 day(s) ago
- Updated:November 12, 2026 at 04:13 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Hardwood, Luxury Vinyl Plank
- Dining Description:Combination Kitchen/Dining
- Kitchen Description:Carpet
- Bedroom Description:Carpet, Entry Level Bedroom
- Basement:Yes
- Basement Description:Connecting Stairway, Partially Finished, Rear Entrance
- Living area:2,282 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C, Window Unit(s)
- Heating:Electric, Forced Air, Oil
Structure and exterior
- Year built:1923
- Building area:2,282 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Victorian
- Construction Materials:Combination
- Foundation Description:Block, Brick/Mortar, Slab
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$59.16
- Tax amount:$2,950 (2026)
Features and amenities
- Laundry features:Laundry
- Amenities:Carpet, Ceiling Fan(s)
Parking
- Parking description:On Street
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