1112 North Eden Street North Baltimore, MD 21213

$500,000
2,064
SQFT
242
$/SQFT
$500,000
2,064   sf
$242 / sf
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Financial Highlights1112 N Eden St currently generates $45,927 in gross rental income (T-12), reflecting its existing performance with one vacant unit. Under stabilized conditions, pro forma gross income is projected to reach $85,986 in Year 1, supported by full occupancy and market rents. Based on our underwriting, the property is expected to achieve a 9.83% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth.Property HighlightsFully renovated in 2021-2022, 1112 N Eden St features six turnkey units—three one-bedrooms and three studios—combining historic charm with modern finishes. Each unit includes updated kitchens with appliances, newer HVAC systems (under 5 years), and individual gas and electric meters. Tenants pay their own utilities, ensuring efficient operations and reduced owner expenses.Location HighlightsLocated in Baltimore’s revitalizing Oliver/Gay Street corridor, 1112 N Eden St offers excellent access to downtown employment, education, and transit. Major nearby employers include Johns Hopkins University and the University of Maryland Medical System. Residents benefit from proximity to top schools, multiple bus and metro routes, and attractions like Patterson Park, the Inner Harbor, and the National Aquarium"

Financial Highlights1112 N Eden St currently generates $45,927 in gross rental income (T-12), reflecting its existing performance with one vacant unit. Under stabilized conditions, pro forma gross income is projected to reach $85,986 in Year 1, supported by full occupancy and market rents. Based on our underwriting, the property is expected to achieve a 9.83% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth.Property HighlightsFully renovated in 2021-2022, 1112 N Eden St features six turnkey units—three one-bedrooms and three studios—combining historic charm with modern finishes. Each unit includes updated kitchens with appliances, newer HVAC systems (under 5 years), and individual gas and electric meters. Tenants pay their own utilities, ensuring efficient operations and reduced owner expenses.Location HighlightsLocated in Baltimore’s revitalizing Oliver/Gay Street corridor, 1112 N Eden St offers excellent access to downtown employment, education, and transit. Major nearby employers include Johns Hopkins University and the University of Maryland Medical System. Residents benefit from proximity to top schools, multiple bus and metro routes, and attractions like Patterson Park, the Inner Harbor, and the National Aquarium"

  • Neighborhood
  • Type
  • County
    Baltimore City
  • Tax Amount
    $10,372
  • Status
    Active
  • Listing #
    MDBA2187734
  • Built
    1900
  • Listed on site
    49 days
  • Listing Agent Id
    302195665400

Listed by:
Midfield Realty

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Wood Floors

Style

  • End Unit
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