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.