This impressive property is located in the heart of Baltimore's thriving Station North Arts and Entertainment District. Featuring 12 fully renovated units, this building offers an excellent opportunity with 90% of the units currently occupied, providing stable cash flow. The property includes convenient amenities, with a washer and dryer available on every floor, enhancing tenant satisfaction and retention. Situated on a corner lot, the property enjoys excellent visibility and easy access to public transportation, making it highly desirable for renters. The location is particularly advantageous, being within walking distance of cultural attractions, restaurants, shopping, and prominent institutions such as the Maryland Institute College of Art (MICA), the University of Baltimore, and Johns Hopkins University. This makes the property ideal for capitalizing on the area's vibrant urban lifestyle and educational hub. Don’t miss this rare opportunity to own a partially occupied, turn-key property in one of Baltimore's most dynamic neighborhoods. Schedule a showing today to see the potential of 201 E North Ave!
LOCATION LOCATION LOCATION!!! Rare opportunity to own your own home with an additional 2 rental units in this large triplex with parking pad big enough to accommodate 2 vehicles. Main unit boasts 2 bedrooms with 1 full bathroom, full kitchen, washer and dryer, and plenty of storage space in the large unfinished basement. Each rental unit is a studio apartment with full kitchen, bathroom and washer and dryer in unit. Schedule your tour today! BEING SOLD AS IS!
Offer deadline Sunday9/29/2024 at 2pm Back to the market new and improved: New roof done, new basement joists and center beam reinforcement along with basement dehumidifier. Warranty for all mechanical systems. Stunning Triplex in Reservoir Hill with Modern Amenities and Classic Charm Welcome to 2524 Brookfield Avenue, a beautiful triplex nestled in the heart of Baltimore’s prestigious historic Reservoir Hill neighborhood, surrounded by beautiful parks, tree-lined streets, and stunning architecture. Enjoy the convenience of nearby shops, restaurants, and public transportation, all within a vibrant community. This exceptional property offers three spacious 2-bedroom, 1-bath units, each thoughtfully designed to blend modern amenities with classic charm. Each unit boasts gleaming hardwood floors that add warmth and elegance to the living spaces. Enjoy morning coffee or evening relaxation on your private balcony, offering a serene retreat. The property includes a detached 2-car garage, providing secure and convenient parking. This property also boasts a large, unfinished basement offering a blank canvas for your creative touch and potential for customization to suit your needs, whether you envision a gym, workshop, or additional living space. Each unit also features two generously sized bedrooms with plenty of natural light and a bathroom with fixtures and finishes that ensure comfort and convenience. Open living and dining areas create a welcoming atmosphere perfect for entertaining or everyday living. Well-appointed kitchens with modern appliances and ample cabinet space, making cooking a joy. This triplex is an ideal investment opportunity, offering strong rental income potential in a desirable area. Whether you are looking to house hack it (live in one unit and rent out the others) or rent all three units, this property provides flexibility and financial upside. Don't miss this rare opportunity to own a piece of Baltimore's charm with modern conveniences. Schedule your private tour today and experience the beauty and potential of 2524 Brookfield Ave.
Fully Renovated Investment Opportunity in Baltimore Presenting 2833 Brendan Ave, Baltimore, MD 21213—a fully renovated, two-unit property ideal for house hacking. This investment opportunity allows for owner-occupancy in one unit while generating rental income from the other, significantly reducing living expenses. Each unit features spacious living areas and modern kitchens with updated appliances. The property also includes an inviting front porch and a fenced backyard, enhancing its appeal. Conveniently located near Johns Hopkins University and Morgan State University, this property offers easy access to nearby grocery stores such as Food Depot, Giant Food, and ALDI. Additionally, it is just a short drive from shopping destinations like the Belair Edison Crossing Shopping Center and Northwood Commons. For banking needs, major banks including Bank of America and Wells Fargo are conveniently situated within a short distance from the property. Seize this opportunity to secure a fully renovated property that delivers comfortable living and robust income potential in a prime location.
2 units Townhome. Main unit has 3 Bedrooms, 1 Full Bathroom, Kitchen, Dining and Living Room. Lower Level unit has 1 Bedroom, 1 Full Bathroom, Kitchen and sitting area. Convenient location. Sold AS-IS. 100% occupied.
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.
**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.** Located at 499 Beaumont Ave, Baltimore, MD 21212, this property benefits from its close proximity to well-known universities like Johns Hopkins University, Loyola University, Towson University, and Morgan State University. Being within walking distance of Loyola University makes it even more appealing to potential tenants, ensuring a steady demand for rentals. This investment opportunity features a corner lot with 25 tenant parking spaces and a nearby bus stop for convenient commuting. Recently renovated, the property includes 15 units, each with 2 bedrooms and in-unit washer/dryers. It also houses 3 commercial spaces currently leased as doctor's offices. With the potential to increase rental income by 50%, this property is a great choice for real estate investors looking for stable returns and growth opportunities. Its excellent location and recent upgrades make it a promising investment for those seeking a profitable venture. Take the next step towards securing this prime investment opportunity by submitting your offer today. Don't wait any longer to capitalize on the potential for substantial returns and long-term growth. Contact us now to discuss your offer and move closer to making this property a valuable addition to your portfolio. **Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.**
***** We are back on the market! The previous buyer's financing fell through **************** Welcome to 3219-3221 Belair Rd, Baltimore, a prime investment property featuring multiple units for both commercial and residential use. This versatile property boasts commercial space on the main-level and three residential units on the upper-level, providing diverse income streams to savvy investors. The property comes with thoughtful building plans provided by the owners, offering valuable insights into potential renovations or expansions. These plans allow buyers to visualize the property's future potential and make informed decisions on enhancements. Situated on a generous lot, this property includes a spacious rear area that will be conveyed along with the property. This large lot presents opportunities for future development or the addition of amenities, increasing the property's value and appeal. A detailed commercial underwriting report will be available in the documents section of the MLS. This report provides a thorough financial analysis and risk assessment, giving prospective buyers confidence in the investment opportunity. Located in an area poised for growth and gentrification, this property offers the potential for substantial appreciation. Investors can capitalize on the increased demand for mixed-use properties in this evolving neighborhood. With a mix of commercial and residential units, this property caters to a diverse range of tenants. Whether it's retail, office, or residential space, this property offers flexibility and income potential. Don't miss this opportunity to acquire a versatile investment property with multiple units, strategic location, and promising growth potential. Schedule your viewing today to explore the possibilities of 3219-3221 Belair Rd. The photographs featured in the listing depict the property during a previous period.
Just Reduced!!!Large muti-family 3 story brick building in need of renovation. Over 3400 SF. 3 Adjoining Lots. Addresses: 1630,1628,1626,1625 E. Baltimore Street. Great opportunity to Build a Condo / townhouse project. Or an Apartment building!! A solid investment for investors. This building once had 3 apartments on each floor. Front of building in process of being restored. Many areas around this building are being developed into villages of Townhomes, Condos, mixed use with commercial retail too. A visionary site for the right builder or rehabber. Sold As Is...
Opportunity to Increase Rents Through Apartment Upgrades. Located 600? From the University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby their Place of Employment, and Just 3 Blocks Away from the University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing.The first-floor apartment spans two stories, with access on both the first and second floors for tenants to easily move in and out, connected on the interior with a spiral staircase. With three large bedrooms and two bathrooms, this unit is highly desirable for educated professionals seeking housing near world-renowned educational facilities. The kitchen features a 30? gas stove, laminate countertops, and wood cabinets. This unit comes with a stacked, in-unit washer and dryer for added convenience. Second and third-floor apartments have 30? electric stoves, laminate countertops, and wood cabinets. All bathrooms have steel or fiberglass tubs with fiberglass or vinyl tub surrounds and modern vanities. The first-floor apartment has a Gibson gas-fired furnace with central air conditioning. The second and third floor apartments have electric baseboard heat, and tenants supply their own window air conditioners. A central 2021 Rheem 30-gasllon gas fired serves the building. The landlord currently pays for heating and water and sewer service; a utility bill-back service could significantly improve cash flow. All observable interior water supply lines are copper; observable drain lines are PVC. Tenants in this Hollins Market investment property enjoy living in “one of the most convenient areas of the City,” according to LiveBaltimore. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest. The area’s close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.
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.
Incredible 12-Unit Multi-Family Property! Amazing Value at almost than $71,000 per Unit and 8.9% Cap Rate! Combining 1200 & 1202 N Caroline St, this remarkable property combines to create an impressive nearly 10,000 sq. ft. corner building boasting fantastic apartment layouts, robust cash flow, and substantial equity potential. Built in a bygone era, this sturdy property features a majestic entrance, exquisite custom millwork, and soaring ceilings. This expansive building offers serene living spaces for tenants and presents a desirable mix of apartment layouts, including eight two-bedroom units, two one-bedroom units, and two studios. Each unit is separately metered, with tenants responsible for their own gas and electric expenses. A diverse tenant base, comprising both market-rate tenants and Section 8 occupants, maintains stable rents averaging approximately $1,000 per month, resulting in a gross annual rental income of $125,000. The owner has made substantial investments, totaling over $100,000, to stabilize the property, yielding an impressive 8% Cap Rate for prospective buyers. This presents a tremendous opportunity to further enhance cash flow and equity. By increasing rents to a reasonable $120,000 per unit and $1,200 per month, potential equity of up to $500,000 could be generated, along with a likely 10+% cap rate. Situated on a spacious lot measuring 49ft by 159ft, spanning the entire block from Caroline to Spring St, the property enjoys adjacency to Madison Square Park, Recreation Center, and Playground, offering unobstructed city views. Just half a mile from John’s Hopkins Medical Campus, the property is ideally located amidst the vibrant East Baltimore Development, featuring 1.7 million square feet of life sciences research and office space, educational institutions, green areas, grocery stores, and other essential neighborhood amenities. View the uploaded floor plans to envision the building’s layout. While interior photos are limited due to occupied units, this is an exceptional investment opportunity to purchase, enhance, and hold for generations. Don’t let this opportunity pass you by – call today for more information!
? Massive $50,000 Price Reduction! Motivated seller, bring your best offers!! Don't miss out on the rare chance to invest in 10 E Mulberry St, located in the heart of Historic Mt. Vernon, steps away from Mercy Hospital! With its versatile configuration featuring 4 units and a flex space at the rear of the building, there are multiple income streams waiting to be explored. The property awaits your personal touch to bring out its full potential, offering modern interiors with updated kitchens, hardwood floors, and new HVAC systems. Recent upgrades ensure peace of mind, while the transformed basement adds extra versatility and income potential. Situated in a prime location, residents enjoy 100% walkability and convenient access to amenities and cultural attractions. Seamless public transportation options further enhance its appeal. Imagine transforming the private courtyard into a serene oasis for residents to relax, while modern security features provide added peace of mind. Schedule a viewing today and seize this exceptional investment opportunity!With its versatile configuration featuring 4 units and a studio flex space at the rear of the building, there are multiple income streams waiting to be explored. The property awaits your personal touch to bring out its full potential, offering modern interiors with updated kitchens, hardwood floors, and new HVAC systems. Recent upgrades ensure peace of mind, while the transformed basement adds extra versatility and income potential. Situated in a prime location, residents enjoy 100% walkability and convenient access to amenities and cultural attractions. Seamless public transportation options further enhance its appeal. Imagine transforming the private courtyard into a serene oasis for residents to relax, while modern security features provide added peace of mind. Schedule a viewing today and seize this exceptional investment opportunity!
Back on the market..contract fell through. 3 apartment units with possible commercial space. Property needs work. BRAND NEW ROOF INSTALLED on January 17, 2024. Located within Historic CHAPS District (Baltimore Heritage)...most historic tax credits and grant programs from the local, state and federal government, require that your property be located within a historic district or that a property is individually designated as a landmark to be eligible for financial incentives.
Rare opportunity to own a 3000+ square feet, two-unit row home in up-and-coming Johnston Square. Sandwiched between the fun and lively neighborhood of Mount Vernon, and the quickly developing Hopkins corridor, this is one of the few neighborhoods where you can still get this kind of value. Recently renovated, with separate meters and utilities, this 8 bed, 3 bath building passed lead and rental inspections previously, before the owner decided to sell their rental portfolio. Unit 1 is 2 bed, 1 bath and Unit 2 is 6 bed, 2 bath. For heat, there is a new boiler for the first unit and a new furnace + outdoor AC for the second unit. Each unit has a new washer and dryer as well. There is a new roof, along with new bathrooms, windows, and flooring throughout. The large second-floor balcony is a great space to spend time with the family, where you can look over the budding community garden at the end of the street. Next to the community garden is a new community park and two blocks south on E Chase Street you can beat the heat and enjoy the new community pool. Dozens of houses have been built or remodeled within 3-4 blocks in the last year, along with large apartment buildings a few blocks in either direction on Preston St. Even the building directly next door is currently going through a full gut rehab. This is a must-see for investors or someone looking to house hack by living in one of the units. As is motivated seller.
Turnkey Rental Property!!! Perfect investment opportunity in the Harlem Park district of Baltimore, zip code 21223. This triplex features three 1-bed, 1-bath units, with one unit currently vacant and two occupied by good-standing tenants. Conveniently located near Carroll Park and Druid Hill Park, this property offers strong rental potential, with renovated apartments in the area renting for $1,100–$1,300. Recent sales of renovated homes in the neighborhood include 1006 Bennett Place for $160,000, 934 Bennett Place for $220,000, and 944 Harlem Avenue for $165,000. All written offers will be considered. Please include proof of funds for this as-is sale. All necessary documents are available for download from the MLS. Don’t miss out on this exceptional opportunity – schedule your showing today
Investment Opportunity. This spacious, three unit property is located in the Harlem Park neighborhood. Each unit is on its own floor and have been updated to include: recessed lighting, new flooring, updated bathrooms and updated kitchen. The first floor unit includes two bedrooms, a full bath, kitchen, bonus room that leads to a fenced in patio. The second floor unit includes two bedrooms, one full bath, kitchen, and a den/living room. The third floor unit includes two bedrooms, a full bath, and spacious eat in kitchen. BGE has installed the electrical meters so each unit is metered separately. Building also has a fire escape. Good cash flow potential. All units are currently vacant. Close proximity to the West Baltimore Marc Train station and everything Downtown Baltimore has to offer. Property is sold strictly As-Is. Seller will not make repairs. Buyer is responsible for obtaining Use and Occupancy permit. Property is a short sale and professional short sale negotiator is working with the sellers. Buyer to pay short sale fee of $4,000.00 or 1.5% of the sales price, whichever is greater, upon closing.
Investor Alert! Great two-unit Victorian rental property in historic Cedmont. Live in one unit and rent the other! This fantastic opportunity also includes five on-street rented garage units and a huge flat yard. Sold As Is. First floor one-bedroom, ¾ bath unit is currently occupied by a long-term tenant and rents for $740/month. Second floor one-bedroom, ¾ bath unit is vacant and would rent for c. $700/month. First-floor unit features a large front porch, new rear deck, entry way, large living and dining rooms with new flooring, kitchen, bedroom, and laundry and expansive storage area in unfinished basement. Newly painted and carpeted second floor unit has a separate entrance and features living room, eat-in kitchen, large bedroom and bath with access to an upper-level storage area. Both units have central air, gas heat, upgraded electrical, access to a huge flat yard, and ample on-street parking in a quiet neighborhood. Easy access to mass transit and short distance to Rt. 1, I-95, and 695. Five on-street rented garage units are detached from the home and included with the property. Each unit has electricity and is currently rented to long-term tenants at $80/month each. For showing upstairs unit, one-hour lead time is suggested to inform owners. For downstairs unit, please give 48 hours notice to the owner and the tenant. Appointments for Saturday and Sunday 10 AM-3 PM only, please.
The median home value in Baltimore, MD is $229,000. 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 $229,000. 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 has a population of 592,211. Baltimore is less family-centric than the surrounding county with 18.62% 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 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 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.