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.
AppliancesGas Range, Gas Oven, Gas Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
FlooringWood
Total Bedrooms:8
Full Bathrooms:6
Other Interior FeaturesHigh Ceilings
Area & Lot
Total area3,808 Sq.Ft.
Lot Area3,049 Sq.Ft.
Living area2,856 Sq.Ft.
MLS® IDMDBA2209778
Year Built1880
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Architecture StylesOther
TypeTownhouse
StatusComing Soon
Exterior
Stories4
PoolNone
Air conditioningCentral Air, Zoned, Electric
Heat typeElectric, Natural Gas, Radiant
Water SourcePublic
SewerPublic Sewer
ParkingOn Street, Permit Required
RoofOther
UtilitiesCable Available
Finance
Sales Price$699,000
Real Estate Tax$16,430 yearly
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