Burma Real Estate

Welcome to the charming subdivision of Burma, nestled in the vibrant city of Towson, Maryland. This delightful community is a hidden gem in Baltimore County, offering a perfect blend of suburban tranquility and urban convenience. Known for its welcoming atmosphere and picturesque surroundings, Burma is an ideal place for families, young professionals, and retirees alike.

One of the standout features of this subdivision is its lush greenery and beautifully landscaped streets, which create a serene environment for residents. With a variety of well-maintained homes, from cozy single-family residences to modern townhouses, there’s something to suit every taste and lifestyle. The community prides itself on its friendly neighbors and active involvement, fostering a sense of belonging among its residents.

Burma’s prime location means you’re never far from the action. Just a short drive away, you can explore the vibrant shopping, dining, and entertainment options that Towson has to offer. The Towson Town Center, with its array of shops and restaurants, is a favorite destination for locals. Additionally, the area boasts excellent schools, parks, and recreational facilities, making it a great choice for families.

For those who appreciate nature, nearby parks provide ample opportunities for hiking, picnicking, and enjoying the outdoors. With easy access to major highways and public transportation, commuting to Baltimore and beyond is a breeze.

In Burma, you’ll find a community that embraces both the comforts of home and the excitement of city life. Discover your dream home in this enchanting subdivision, where every day feels like a retreat!

$330,000

3 Beds ⋅ 2 Baths

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.

141 Marburth Ave, Towson

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

Burma Real Estate

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