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Listed by Yaakov Kanevsky • Midfield Realty
$470,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Liberty Square
MLS Listing ID MDBA2226244
Style Other
Year Built 1920
Annual Tax Amount $1,536
Tax Year 2025
Property Sub-Type Other
Source BRIGHT
Property Description
Strong Rent Upside: Current average rent of $1,115/unit vs. projected market rent of $1,340/unit, offering immediate growth potential.
Growing NOI & Cap Rate: Net Operating Income rises from $46.4K (Year 1) to $50.8K (Year 7), with cap rate increasing from 7.74% to 8.46%.
Property Features: Four-story building with five 1-bedroom units, large bedrooms, hardwood floorings, granite countertops, white shaker style cabinet, private baths, and AC/heating.
Prime Location: Northwest Baltimore (Liberty Square/Mondawmin) near major hospitals, universities, retail corridors, and Druid Hill Park.
Excellent Accessibility: High Walk Score® (79) and Transit Score® (72), with nearby Metro, bus routes, and I-83 access.
Growing NOI & Cap Rate: Net Operating Income rises from $46.4K (Year 1) to $50.8K (Year 7), with cap rate increasing from 7.74% to 8.46%.
Property Features: Four-story building with five 1-bedroom units, large bedrooms, hardwood floorings, granite countertops, white shaker style cabinet, private baths, and AC/heating.
Prime Location: Northwest Baltimore (Liberty Square/Mondawmin) near major hospitals, universities, retail corridors, and Druid Hill Park.
Excellent Accessibility: High Walk Score® (79) and Transit Score® (72), with nearby Metro, bus routes, and I-83 access.
Location
State MD
County Baltimore City
Zoning R-6
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315303251 026
Ownership Other
Special Listing Condition Standard
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Nearby School & Business
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