> Prime Location Near Johns Hopkins University: Just four blocks from the Homewood Campus, these apartments are highly sought after by young professionals and students alike. > Value-Add Potential: Opportunity to upgrade apartments and significantly raise rents in this high-demand area. > Utility Pass-Throughs in Place: Tenants cover 100% of water, gas, and electric costs, enhancing cash flow and boosting overall. > Walkable Convenience: Positioned between the Charles Village Shopping District and 25th Streetâs bustling retail scene, tenants can accomplish most errands on foot. A spacious, inviting hallway with an impressive wooden staircase creates a welcoming atmosphere for tenants and visitors. Kitchens are designed with laminate countertops and a variety of cabinetry styles, from modern wood to European-inspired options, offering low-maintenance durability and visual appeal. Living spaces feature a mix of wood and laminate flooring, while bathrooms are equipped with functional, modern vanities or wall-mounted sinks and durable vinyl tub surrounds. The basement and third-floor apartments include dens, adding valuable living space. The office occupies the entire first floor, featuring a private front room that overlooks the tree-lined Maryland Avenue. A larger office area is situated in the rear, accompanied by a half bathroom and a storage room. Both rooms are enhanced by decorative mantles and large windows, creating bright, inspiring workspaces. A central boiler provides heating for all units, with hot water baseboard heat in the basement apartment and hot water radiator distribution for the upper-floor apartments. Two air handlers cool the units: one serves the basement and first floor, while the other serves the second and third floors. A central State Select 40-gallon gas-fired water heater supplies hot water. Observable water supply lines are copper or C-PVC, and observable drain lines are PVC. The property has one electric meter and one gas meter. The landlord bills back for all utilities, keeping monthly utility costs down and more cash in hand. This mixed-use 4-unit in Charles Village is located just four blocks south of Johns Hopkins University Homewood campus, and three blocks south of Wyman Park Dell. Tenants enjoy a quick walk to the Charles Village Shopping District or Safeway grocery store, and I-83 provides a quick commute to downtown Baltimore. 2528 Maryland Avenue garners a âWalkerâs Paradiseâ designation, with a 91 Walk Score and an 89 Bike Score, being located along the Maryland Avenue Cycle Track. RHouse, Remingtonâs trendy food hall, is home to popular stalls like Creole Soul and Koshary Corner and is within a 5-minute walk. Investment Summary: $380,000 $95,000 Per Unit $151 Per Sq. Ft. 7.3 Times Market Rents (GRM) 9.07% Cap Rate 10.0% Projected Cash-on-Cash Return
Investment opportunity at 1511 Carswell St, Baltimore! This fully occupied 4-unit property is just half a mile from Johns Hopkins University at Eastern and Baltimore City College. Additionally, the fourth unit has been freshly remodeled, featuring new floors, a modern kitchen with new appliances, a beautifully updated bathroom, and fresh paint throughout. The property also includes a vacant lot, offering potential for future development or additional parking, adding even more value. With a brand-new deck, a spacious backyard, and one unit set for a rental increase to $1,250, this property also offers an excellent house hack opportunity! Don’t miss out—schedule your showing today!
This lovely historic three unit townhome is a wonderful investmentÂopportunity for a savvy investor or an owner occupant who wants rental income. This property is in excellent condition and is fully occupied. It offers a two level, two bedroom, two full bath apartment on the main level, a one bedroom with one bath on 2nd floor and a spacious one bedroom with full bath top floor apartment. ÂGreat rental history with low vacancy. ÂYear to year leases with excellent payment history. Annual Income $45K. Property is licensed and has all its lead certs. This home is over 3100 sq ft of finished living space. The location is perfect with a close proximity to Johns Hopkins Homewood Campus, Union Memorial Hospital,ÂBaltimore Art Museum, shops, cafes and the local Charles Village Farmers Market. ÂPotential for creative financing ask about details.
LEGALLY ZONED 2 UNIT ROWHOME LOCATED STEPS FROM MORGAN STATE! Both units are 2 bedroom 1 bath units with kitchens and full bath. Full basement with tons of storage space provides an opportunity to expand living area and potential rental income. Large fenced yard. Units are Separately metered and tenants split water bill. Only the main level unit has Central AC/Forced Air heat. Upstairs unit has no central air and radiator heat. Perfect opportunity for an investor looking for an income producing rental unit. Both units pay $1,000 month. Schedule your showings today. 24 hours notice required.
Generate $9,150 per month, $109,800 per year! Now’s your chance to own a cash-flowing historical treasure in one of Baltimore’s most coveted locations! 2907 N Calvert St is a zoned 3-unit and fully occupied! This property boasts an astounding 5,000+ finished square feet, 11 bedrooms, 4 dens, 6 full bathrooms, and the kind of architectural details historians dream of with an ornate staircase, grand fireplaces, and beautiful stained-glass windows! This well-maintained end-unit property is located in the heart of desirable Charles Village, faces the iconic “painted ladies” porch-front homes that the area is admired for, and generates an astounding $9,150 in monthly rent! With its close proximity to the prestigious Johns Hopkins University (.6 miles), Medstar Union Memorial Hospital (.6 miles), Baltimore Museum of Art (.4 miles), downtown Baltimore (2.7 miles), and countless coffee shops and restaurants, the area is booming with students and professionals alike, making lease-up a breeze! Shared on-site laundry and access to a private garage (for a fee) are added bonuses for all residents. This property boasts high rents, no delinquency (as of 9/12/2024), written leases, lead certificates, and a 3-unit rental license. Tenants cover utility costs. Recent improvements include some updated flooring (2021/2022), renovated basement (2023), new ductless mini split heating/cooling systems on the second and third levels (2023), new electrical boxes in the basement, second, and third levels (2023), remodeled bathroom on the second level (2024), and installation of additional bathroom on the third level (2024). What are you waiting for? Add this one to your portfolio today! There is a Special Benefits Tax in this area. The current cost for the year for this property is $504.91. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the area.
**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.** Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income. This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%. This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area. **Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**
INCREDIBLE INVESTMENT OPPORTUNITY! THIS METICULOUSLY RENOVATED 3-UNIT PROPERTY IS A PRIME CHOICE FOR SAVVY INVESTORS OR OWNER-OCCUPANTS SEEKING RENTAL INCOME. FEATURING ONE VACANT UNIT, IT PROVIDES THE FLEXIBILITY FOR A LIVE-AND-RENT STRATEGY OR CATERING TO THE NEEDS OF A REGULAR INVESTOR LOOKING TO MAXIMIZE CASH FLOW. THE PROPERTY IS IN EXCELLENT CONDITION, ENSURING A HASSLE-FREE INVESTMENT. UNITS BOASTS GRANITE COUNTERTOPS, WHITE CABINETS, AND WASHER AND RYER IN UNIT, OFFERING MODERN AND STYLISH LIVING. TAKE ADVANTAGE OF THIS RARE OPPORTUNITY TO OWN A WELL-MAINTAINED, INCOME-GENERATING PROPERTY. CONTACT US NOW FOR MORE INFORMATION AND TO SCHEDULE A VIEWING.
INCREDIBLE INVESTMENT OPPORTUNITY! THIS METICULOUSLY RENOVATED 2-UNIT PROPERTY IS A PRIME CHOICE FOR SAVVY INVESTORS OR OWNER-OCCUPANTS SEEKING RENTAL INCOME. FEATURING TWO VACANT UNIT, IT PROVIDES THE FLEXIBILITY FOR A LIVE-AND-RENT STRATEGY OR CATERING TO THE NEEDS OF A REGULAR INVESTOR LOOKING TO MAXIMIZE CASH FLOW. THE PROPERTY IS IN EXCELLENT CONDITION, ENSURING A HASSLE-FREE INVESTMENT. THE UNITS BOASTS GRANITE COUNTERTOPS, WOOD CABINETS, A REFRIGERATOR, MICROWAVE AND A STOVE. A WASHER AND DRYER ALSO AVAILABLE. OFFERING MODERN AND STYLISH LIVING. TAKE ADVANTAGE OF THIS RARE OPPORTUNITY TO OWN A WELL-MAINTAINED, INCOME-GENERATING PROPERTY. CONTACT US NOW FOR MORE INFORMATION AND TO SCHEDULE A VIEWING.
3 unit multi-family property located in the Pen Lucy neighborhood. Apartment 1 is a 2BR/1BA that is vacant but previously rented for $1200/month. Apartment 2 is a 1BR/1BA that is vacant but previously rented for $750/month. Apartment 3 is a 1BR/1BA renting for $950/month. Total rental income is $2900/month if fully occupied. Landlord has been paying water/sewer and lawncare This charming Victorian is in close proximity to Morgan State University, Johns Hopkins University, Penn Station and nearby hospitals (Good Samaritan and Union Memorial)!
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21218 has a population of 592,211. Baltimore 21218 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21218 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21218 is 35.7 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.