3BR/1.5BA rowhome, fully occupied with a paying tenant already in place, strong payment history. Lease runs through 5/31/27 at $1,909/month ($22,908/year), tenant-paid utilities - a 10.0% gross yield and confirmed 8.78% cap rate at the $229,000 list price, income starting day one with no vacancy gap. Updated kitchen, updated flooring, and a finished lower level with a half bath - added functional living space beyond the main 3BR/1BA footprint. Large rear deck adds usable outdoor square footage, a plus for tenant retention at renewal. Well-maintained unit with a reliable payment history. Priced for investors seeking stabilized income with room to reposition rents at future turnover.
| MLS # | MDBA2224562 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1954 |
| Days On Site | 76 |
| Listing Provided By | Cummings & Co. Realtors | Brian P DiNardo |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,024 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R-4 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2202 |
|---|
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21206 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $229,000 low | high Med: $359,900 sqft: 1,024 low | high Med: 2,382 $ / sqft: $224 low | high Med: $187 On site: 76 low | high Med: 151.5 | |
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21206 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $229,000 low | high Med: $359,900 sqft: 1,024 low | high Med: 2,382 $ / sqft: $224 low | high Med: $187 On site: 76 low | high Med: 151.5 | |