UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $239
Subdivision Canton
MLS Listing ID MDBA2162116
Style Federal
Abv Grd Liv Area 2,838
Year Built 1920
Annual Tax Amount $12,859
Tax Year 2024
Lot Size 2,100 Sqft
Acres 0.05
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | |
The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | |
This property boasts a strong rental history, providing immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. | |
Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Additional Storage Area, Garage Door Opener, Oversized
Garage Spaces 2.0
Water Access N
View City
Roof Type Composite
Accessibility Other
Road Frontage City/County
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0301041784 008
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
