This home is currently used as an assisted living facility Licensed by The State of Maryland, and Baltimore City. The tenant is licensed and the lease is paid through the State. Inside this home has been recently updated with stainless appliances ceramic tile and wood floors. This is a great opportunity to own an income producing property with a strong tenant.
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!
This 2 unit townhouse was recently renovated. On the first floor, there is a 1 bed 1 bathroom unit with a basement with its own electric box and furnace. On the second and third floor, there is a 3 bedroom 1 bathroom unit. On the second floor there is 1 bedroom, 1 bathroom, a kitchen, and a bathroom, on the third floor, there are 2 bedrooms, one of which has a back porch with its own entrance from outside. The second unit also has its own electric box and furnace. There is new plumbing system in the house as well as new gas line. It is a great opportunity for large families who wish to live in the same building, or for investors who wants live in one unit and rent out the other unit as a whole, or as individual rooms and pay the mortgage this way. There are many houses that are renovated in the street and there are others currently being renovated. The location of the house is also very convenient being close to downtown Baltimore. This multi-unit house is a must see!
Welcome to this solid brick three-level townhome in the neighborhood of Hollins Market! The main level is commercial space and it lends itself to a variety of uses including a office, lounge, store, or meeting area. The upper 2 levels, offering 3 bedroom & 2 full baths, can be used as residential. Both units have gas HVAC and have separate system/meter. One of the HVAC units is new. Reconfigure the bonus rooms in the rear of the commercial space into a studio apartment for added rental income! Home is located directly across from the soon-to-reopen Hollins Market, which is undergoing a major renovation set to conclude in just a few weeks. This property offers prime access to the renewed energy and business activity in the area. The neighborhood is experiencing significant growth with a surge of new businesses, eateries, and cultural attractions, making it an up-and-coming hotspot. Don't miss out this wonderful opportunity, schedule your showings today!
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.
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.
BUYER'S FINANCING FELL THROUGH AT CLOSING AFTER 90 DAYS OF EXTENSIONS BY THE BUYER! Their loss is your gain! New Price and the Seller wants it SOLD! The property appraised for well above the current list price, too! Remarkable opportunity in the highly sought-after Remington community! This corner building offers tons of street parking and a huge space that could be used for any type of retail you could imagine AND two apartments above it! The seller began renovations and has their eye on another opportunity, so they are liquidating this asset. This is a rare chance to own something unique to add to your portfolio! The main level space used to be a market, but the possibilities are endless! Upstairs, you'll find one apartment with one bedroom and one bath and one apartment with two bedrooms and one bath! One is fully renovated with granite, LVP flooring, and lots of updates, and the other is waiting for your finishing touches! The seller slashed the price and said SELL IT NOW! High pedestrian and vehicle traffic and sitting on a corner for maximum exposure! Endless possibilities! Don't wait! All materials in the building convey. Roof '23! A commercial loan will be required, but we have two lenders that can get it to closing in less than 30 days!
**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.**
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!
Property is in great structural condition with a new roof added in 2021. The work has been done in this property! This space is gutted and demo'd. The inside is Squeaky Clean!! Bring your ideas!Zone R8 Mixed use building with retail space - large building with apartment upstairs (1bdr and studio are possible) and corner storefront downstairs. Formerly used as a retail store with upstairs apartment. Possible new businesses include beauty/.barbershop, grocery store, ice cream shop, local restaurant. Imagine the possibilities. Neighborhood association is in favor of a positive retail space in the lower unit! Live or rent out units upstairs and operate or rent out business downstairs. Full renovation needed. Near Druid Hill Park with easy access to Pennsylvania Ave bustling retail and businesses.
? 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.
Zoned for Multi Family and many other uses. Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48,000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5,000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.
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.
Baltimore is located in Maryland. 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.
