Description
Investor opportunity in East Baltimore! Welcome to 1420 N Luzerne Avenue, a recently updated duplex offering two spacious 2-bedroom, 1-bath units and $28,800 in annual gross rental income. An excellent addition to an investment portfolio or opportunity for a buyer looking to enter Baltimore's rental market. Both units have been refreshed with new flooring, fresh interior paint, and updated appliances, creating attractive, move-in-ready living spaces while helping reduce near-term improvement needs for the next owner. The desirable two-unit configuration provides multiple income streams from a single property and strong flexibility for an investor's long-term rental strategy. Conveniently located near Johns Hopkins Hospital and Medical Campus, Patterson Park, neighborhood parks, shopping, dining, public transportation, and major commuter routes with access to Downtown Baltimore and surrounding employment centers. The property's location offers renters access to many of the everyday conveniences that support long-term rental appeal. With $28,800 in annual gross rent, recent interior updates, and two separate 2-bedroom units, this property offers an appealing combination of current income and future investment potential. Whether you are expanding an existing portfolio or purchasing your first multifamily investment, 1420 N Luzerne Avenue deserves a closer look. Schedule your private showing today! *Gross Annual Rental Income: $28,800. Two 2BR/1BA units. Buyer to verify all rental, licensing, expense, and financial information.
Details
| MLS # | MDBA2229622 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1900 |
| Days On Site | 40 |
| Listing Provided By | KW Metro Center | Danielle Bowie |
Features
| SQ Feet | 1,300 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | R-8 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick Front |
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4248 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21213 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21213) | |
Price: $210,000 low | high Med: $134,950 sqft: 1,300 low | high Med: 1,444 $ / sqft: $162 low | high Med: $96 On site: 40 low | high Med: 109.5 | |
Market Activity 21213
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21213 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21213) | |
Price: $210,000 low | high Med: $134,950 sqft: 1,300 low | high Med: 1,444 $ / sqft: $162 low | high Med: $96 On site: 40 low | high Med: 109.5 | |
