Ideal Investment Opportunity in Fell's Point! Discover an exceptional chance to own a mixed-use property in the bustling heart of Baltimore. Zoned C-1, this versatile property allows for the addition of more apartments above the existing garage or the subdivision of the current structure into multiple units. Perfect for investors and homeowners alike, it features legal zoning and separate metering. The first-floor unit offers a cozy one-bedroom, one-bathroom layout with high ceilings and hardwood floors, creating a welcoming atmosphere. The expansive two-level apartment on the second floor includes a spacious eat-in kitchen, a large living area, three bedrooms, and two full bathrooms. A rare gem in Fell's Point, this property comes with a three-car garage, providing valuable parking space. Enjoy city views from the two-tiered rooftop deck, perfect for relaxing or entertaining. Just steps from the newly renovated Broadway Market and Atlas Group's Choptank restaurant, and two blocks from the Fell's Point waterfront, Sagamore Hotel, and Thames Street. With a proven track record as both a long-term rental and Airbnb, this property offers lucrative returns. Don't miss this chance รข invest in Baltimore's thriving real estate market today!
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.
BUYERS FINANCING FELL THRU SELLER SAYSAYS SEELL BASEMENT APARTMENT TOTALLY REMODELED $20,000 IN UPDATES COME SEE!!!PRICE HAS BEEN REDUCED!!!Hamilton area licensed 3-apt. house open lay out, private entrances. Many large double-paned windows, traditional 1922 era wood moldings, wood floors throughout and attic. APT B basement is an Apt efficiency, private outside entrance. Cheerful entrance foyer leads to main floor and stairs to second floor. Apt1: eat-in kitchen that has walk-in pantry, 4 windows, charming white wide sink, generous cabinet space. Commodious dining room with built in corner cabinet. Apt 2's bedroom has 3 airy windows. The second floor expands to fully finished attic, great for storge, office or crafting. All Apts leased all tenants would like to stay. Spacious front porch, ideal for entertaining. Large nicely landscaped back and front yard. Priced to sell as is. This Charming, multi-family home does include important updates and improvements. HOMEY AND COMFY, THIS 3 APT DWELLING IS A RARE FIND!!!!!! CALL FOR MORE DETAILS !!!!!! Motivated seller JUST REDUCED !!!!!!
300 N Carrollton Ave in Baltimore presents a unique opportunity to build your dream rental property. This remarkable 6-unit property is already framed out, offering a head start on creating modern, light-filled apartments. Imagine designing open-concept layouts that capitalize on Baltimore's charm while catering to today's renters. This is a perfect chance to generate consistent rental income, whether you're a seasoned investor or just starting out. Beyond the blank canvas potential, 300 N Carrollton Ave boasts an unbeatable location. Enjoy walkable access to major institutions like the University of Maryland, while Johns Hopkins and MICA are just a short drive away. Residents will love the proximity to prominent employers like the University of Maryland Medical Center and Mercy Medical Center. Shopping and entertainment are also a breeze with historic Lexington Market, Harborplace & The Gallery, and The Shops at Canton Crossing nearby. This well-connected property offers quick access to major highways and sits just blocks from Oriole Park at Camden Yards and M&T Bank Stadium. The proximity to major attractions and employers guarantees high tenant demand, leading to strong rental income and potential capital gains in the future. Don't miss out on this exceptional investment opportunity!
This is an amazing opportunity to own a 4 unit, all legal rental property to add to your portfolio. These units are all updated with WASHER DRYER IN UNIT, all super spacious and light filled. The property is being sold as-is but is a huge value to whomever scoops this up. The building is totally vacant so new owner can find their own tenants and get market rent. Property had sprinkler system. Bring a flashlight - electricity is off.
**Subject to Offer - This post needs to include the ideal asking price, but the property is openรtoรoffers.** 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 openรtoรoffers.**
***** 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.
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...JUST REDUCED!
> Located Just Three Blocks from Johns Hopkins University Homewood Campus, Apartments Are in High Demand by Young Professionals and Students > Long Term NNN Commercial Tenant Leased Through Spring 2027, Paying 20% Toward Property Taxes & Hazard Insurance, Improving Cash Flow > 3,600 Sq. Ft. End-of-Group Rowhome, Providing Tenants With 60% More Space Than Other Homes On the Same Block > Opportunity to Improve Apartments and Greatly Increase Rents. The first-floor salon has great far-corner exposure on both Maryland Avenue and 27th Street, with two large storefront windows. The salon has both hardwood and laminate flooring throughout, with high ceilings and recessed lighting. Locally owned and operated, the salon has two popular stylists offering services, with two hair drying stations and a shampoo bowl. The tenant has made warm, inviting improvements to the space. The second and third floor each house a 3-bedroom apartment, with similar layouts to one another. Accessed by a shared entry on 27th Street, each apartment spans an entire floor. As an end-of-group row home, each apartment has 12 windows, providing lots of natural light. With a formal living/dining room and three large bedrooms, these apartments boast plenty of living space for tenants to enjoy. Kitchens feature wood and melamine cabinets, laminate counters, 30รขยณ gas ranges, stainless steel sinks, and garbage disposals. Bedrooms are generously sized, and full bathrooms have modern vanities and 5รขยฒ tubs. The commercial tenant is on a triple net lease (NNN) and responsible for 20% of the property taxes, ownerรขs hazard insurance policy, and water/sewer bill. Each tenant pays their own gas and electric bill, and each tenant controls their own heating and air conditioning. The landlord is currently paying for water for the apartments, but the leases do provide for a bill-back, which would increase cash flow. Each apartment has its own gas-fired furnace with central air conditioning. One gas-fired water heater serves the entire building, installed in 2018. Interior plumbing supply lines are a mix of copper and CPVC; interior plumbing drain lines are PVC. The partial, unfinished basement is used for storage, has an operable full bathroom and is leased for $525/month. This mixed-use 3-unit in Charles Village is located just three blocks south of Johns Hopkins University Homewood campus, and two blocks south of Wyman Park Dell. Tenants enjoy a quick walk to the Charles Village Shopping District, and I-83 provides a quick commute to downtown Baltimore. 2653 Maryland Avenue garners a รขWalkerรขs Paradiseรข designation, with a 94 Walk Score, a 76 Transit Score, and an 88 Bike Score, being located along the Maryland Avenue Cycle Track. RHouse, Remingtonรขs trendy food hall, is home to popular stalls like BRD and Hilo Pokรยฉ & Sushi, and is within a 5-minute walk.
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 SCHEDULEรAรVIEWING.
Incredible 12-Unit Multi-Family Property! Amazing Value at less than $80,000 per Unit! 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 Johnรขs 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. Donรขt let this opportunity pass you by รข call today for more information!
รฐ 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. 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.
Great potential in this 3-unit large townhome close to downtown Baltimore****Two (2) bedroom units and One (4) bedroom unit. Some upgrades have begun but a little imagination can make this property shine beautifully! Thanks for showing! "AS IS"
Turnkey Rental Property!!!! Perfect investment if you are looking at 21223 in the Harlem Park district of Baltimore. This triplex features 1-bed 1-bath for each unit and it's occupied by good-standing tenants, nearby Carroll Park and Druid Hill Park. Rental prices for renovated apartments in the area range from $1100-$1300. Recent sales of renovated homes in the area: 1006 Bennett Place sold for $160,000. 934 Bennett Place for $220,000. 944 Harlem Avenue for $165,000. All written offers will be entertained and kindly request that you provide 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 รข book 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, ยพ bath unit is currently occupied by a long-term tenant and rents for $740/month. Second floor one-bedroom, ยพ 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 $238,000. 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 $238,000. 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 youโre 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.