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1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
1729 PARK AVENUE
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$699,000

1729 PARK AVENUE

8 Beds 6 Baths 2,856 Sq.Ft. 3,049 Sq.Ft.

Description

Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income.

This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509.

Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease--providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention.

The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023-2024), new water heaters (2025-2026), hardwood floor refinishing, and updated balcony flooring across units.


Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.

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Location

1729 PARK AVENUE, BALTIMORE, MD 21217

Status

Coming Soon
Tim Robinson

Tim Robinson

TITLE

Buyer and Investor Specialist

Property Amenities

Interior
Appliances Gas Range, Gas Oven, Gas Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
Flooring Wood
Total Bedrooms: 8
Full Bathrooms: 6
Other Interior Features High Ceilings
Area & Lot
Total area 3,808 Sq.Ft.
Lot Area 3,049 Sq.Ft.
Living area 2,856 Sq.Ft.
MLS® ID MDBA2209778
Year Built 1880
School District BALTIMORE CITY PUBLIC SCHOOLS
Architecture Styles Other
Type Townhouse
Status Coming Soon
Exterior
Stories 4
Pool None
Air conditioning Central Air, Zoned, Electric
Heat type Electric, Natural Gas, Radiant
Water Source Public
Sewer Public Sewer
Parking On Street, Permit Required
Roof Other
Utilities Cable Available
Finance
Sales Price $699,000
Real Estate Tax $16,430 yearly

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