1911 W Baltimore St, Baltimore, MD 21223

$624,900
3,200
SqFt

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List Price
$624,900
Days on Market
131
Status
ACTIVE
MLS#
MDBA2209638
Living Area
3,200
Lot Size (Acres)
0.6900000000000001
Style
Other
Year Built
1935
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

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.

Additional Information

Taxes
$4505
School District
Baltimore City Public Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C, Ceiling Fan(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: (800) 383-3535