Excellent investment opportunity in Baltimore's desirable Mid-town Belvedere neighborhood, featuring a 4-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant in the process of… Read More renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals - reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings. Read Less
Courtesy of Alexander Lee, Cummings & Co. Realtors [email protected]
Listing Snapshot
Days Online
44
Last Updated
Property Type
Townhouse
Beds
4
Full Baths
4
Square Ft.
4,240
Lot Size
0.06 Acres
Year Built
1900
MLS Number
MDBA2165450
30 Days Snapshot Of 21202
$245k
-27%
(avg) sold price
15
+7%
homes sold
25
-62%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Electric, Central Air, Central A/C, Ceiling Fan(s)
Basement
Fully Finished
Building
4,240 sqft living area, 3,640 sqft above grade (finished), 600 sqft below grade (finished), Built in 1900, Structure Type: Interior Row/Townhouse, 4 levels, Unit/Flat, Brick
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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