Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income.This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509.Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention.The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units.Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income.This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509.Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention.The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units.Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
Neighborhood
Type
Total Baths
County
Baltimore City
Tax Amount
$16,430
Status
Active
Listing #
MDBA2209778
Built
1880
Lot Size
0.07
Listed on site
60 days
Listing Agent Id
801105206314