Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one.
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.
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.
Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
2,856 Sq Ft
3,049 Sq Ft Lot Size
investment
$16,430 Annual Tax
Built in 1880
MLS/Listing ID MDBA2209758
4 Units
Heating - Natural Gas
Heating - Electric
Upgraded Countertops
Public Sewer
Public Water
Washer
Refrigerator
Microwave
Ice Maker
Dryer
Disposal
Dishwasher
Construction - Brick
Cooling - Central Air
Cooling - Zoned
TOTAL MONTHLY COST
$0
$0
$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/01/2026.
Source: Bright Multiple Listing Service, Inc.
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