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 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.
Listed By
Agency Name: Berkshire Hathaway HomeServices Homesale Realty
Shown By
Agent Name: The Brenda Rutt Team
Agent Phone: (717) 222-2907
Estimated Payment
$ 1,948.44 per month $1,390.76 Principal & Interest $375.42 Property Tax $182.26 Homeowner's Insurance
1911 W Baltimore Street | MLS# MDBA2209640
This townhouse located at 1911 W Baltimore Street , Baltimore, MD 21223 is currently listed for sale by Berkshire Hathaway HomeServices Homesale Realty, with an asking price of $624,900. This property was built in 1935 and has 6 bedrooms and 6 full baths with 3200 sq. ft. W Baltimore Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.brendarutt.com today.