Exceptional turn-key investment opportunity to acquire a fully operational 6-unit multifamily asset with strong income potential and long-term upside. This well-maintained building consists of six spacious 1-bedroom, 1-bath units, each thoughtfully designed with functional layouts that include generous living areas, full kitchens, comfortable bedrooms, and full baths. All units are… Read More separately metered for gas & electric, allowing for efficient expense management and maximizing net operating income, while central air and heat throughout ensures tenant comfort and retention. The property features a shared, coin-operated laundry facility in the basement, providing an additional revenue stream and added convenience for tenants. Currently 5 of the 6 units are occupied, offering immediate cash flow with the opportunity to increase income through lease-up or potential rent adjustments. At full occupancy, the property is projected to generate approximately $6,500 per month in rental income. Strategically located just minutes from downtown Baltimore, this asset benefits from its proximity to major employment hubs, shopping centers, dining, and public transportation options. This prime location supports consistent occupancy and future appreciation potential. Ideal for both seasoned investors and those looking to expand their portfolio, this low-maintenance, income-producing property offers a compelling blend of stability, scalability, and long-term growth. Read Less
Courtesy of Christopher J Cooke, Berkshire Hathaway HomeServices Homesale Realty 410-814-2400
Listing Snapshot
Days Online
30
Last Updated
Property Type
Townhouse
Beds
6
Full Baths
6
Square Ft.
3,200
Lot Size
0.69 Acres
Year Built
1935
MLS Number
MDBA2209640
Additional Details
Basement
Fully Finished
Building
Built in 1935, Living area: 3200, Levels: 5, Construction Materials: Brick
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