1,344 SqFt
1,344 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $96
MLS Listing ID MDBA2188172
Style Other
Abv Grd Liv Area 1,344
Year Built 1900
Annual Tax Amount $2,478
Tax Year 2025
Property Sub-Type Other
Source BRIGHT
Property Description
This 11-unit Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential.
The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion.
Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Other
Heating Radiator
Cooling Other
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Above Ground Finished SqFt 1344
Sewer Other
Water Other
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312173836A047
Ownership Other
SqFt Source 1344
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 8
Roland Park Elementary/Middle School
Public | PK - 8
- 6
Hampden Elementary/Middle School
Public | PK - 8
- 6
Tunbridge Public Charter School
Public | PK - 6
- 5
Medfield Heights Elementary School
Public | PK - 5
- 5
Mount Royal Elementary/Middle School
Public | KG - 8
- 5
Cecil Elementary School
Public | PK - 5
- 4
Mary Ann Winterling Elementary School at Bentalou
Public | PK - 5
- 4
John Eager Howard Elementary School
Public | PK - 5
- 4
Midtown Academy
Public | KG - 8
- 4
Baltimore Montessori Public Charter School
Public | PK - 5
- 4
Federal Hill Preparatory School
Public | PK - 5
- 4
Northwood Appold Community Academy
Public | KG - 5
- 4
Leith Walk Elementary/Middle School
Public | PK - 8
- 4
Northwood Elementary School
Public | PK - 5
- 4
Hampstead Hill Academy
Public | PK - 8
- 4
The Green School
Public | KG - 5
- 3
New Song Academy
Public | PK - 8
- 3
Charles Carroll Barrister Elementary School
Public | PK - 5
- 3
Commodore John Rogers Elementary/Middle School
Public | PK - 8
- 3
Yorkwood Elementary School
Public | PK - 5
- 4
The Crossroads School
Public | 6 - 8
- 3
Baltimore Leadership School for Young Women
Public | 6 - 12
- 3
Stadium School
Public | 6 - 8
- 2
National Academy Foundation
Public | 6 - 12
- 1
Academy for College and Career Exploration
Public | 6 - 12
- 1
Booker T. Washington Middle School
Public | 6 - 8
- 1
New Hope Academy
Public | 6 - 12
- 1
Baltimore I.T. Academy
Public | 6 - 8
- 1
The Reach! Partnership School
Public | 8 - 12
- 1
Afya Public Charter School
Public | 6 - 8
- 0
Baltimore Montessori Public Charter Middle School
Public | 6 - 8
- 0
Baltimore Design School
Public | 6 - 10
- 0
Mother Seton Academy
Private | 6 - 8
- 0
Bluford Drew Jemison STEM Academy Middle School
Public | 6 - 8
- 0
Woodbourne School at Conrad
Private | 7 - 12
- 0
Friendship Academy of Science and Technology
Public | 6 - 12
- 8
Baltimore Polytechnic Institute
Public | 9 - 12
- 8
Baltimore School for the Arts
Public | 9 - 12
- 6
Western High School
Public | 9 - 12
- 6
Baltimore City College
Public | 9 - 12
- 5
Paul Laurence Dunbar High School
Public | 9 - 12
- 2
Carver Vocational-Technical High School
Public | 9 - 12
- 2
Augusta Fells Savage Institute of Visual Arts
Public | 9 - 12
- 2
Vivien T. Thomas Medical Arts Academy
Public | 9 - 12
- 1
Frederick Douglass High School
Public | 9 - 12
- 1
Independence School Local I
Public | 9 - 12
- 1
Renaissance Academy
Public | 9 - 12
- 1
Digital Harbor High School
Public | 9 - 12
- 1
Mergenthaler Vocational-Technical High School
Public | 9 - 12
- 1
Heritage High School
Public | 9 - 12
- 1
Reginald F. Lewis High School
Public | 9 - 12
- 0
Baltimore Talent Development
Public | 9 - 12
- 0
Excel Academy @ Francis M. Wood High School
Public | 9 - 12
- 0
The Community School
Private | 9 - 12
- 0
Eager Street Academy
Public | 9 - 12
- 0
St Frances Academy
Private | 9 - 12
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "