1918 McCulloh Street offers an opportunity to acquire a three-unit apartment building in Baltimore's Druid Heights neighborhood. Each apartment includes two bedrooms. Stacked washers and dryers are located in every apartment, a desirable amenity that helps the property compete for quality tenants. Durable interior finishes have held up well over time, allowing a new owner to focus on operations rather than immediate apartment renovations. The building's all-electric utility configuration keeps ownership straightforward. Each apartment has its own electric heat pump with central air conditioning, electric water heater, and electric meter, allowing tenants to control their own utility usage while reducing owner-paid utility expenses. The building is served by 600-amp electrical service with 200 amps available to each apartment, providing ample capacity for modern household needs. Current rents remain below market, creating a clear opportunity to increase income through natural tenant turnover. Located in historic Druid Heights, the property benefits from decades of neighborhood reinvestment led by the Druid Heights Community Development Corporation. Recent census data shows 72% of occupied housing units in the neighborhood are renter-occupied, supporting continued demand for rental housing. Whether you're expanding your portfolio or purchasing your first multifamily investment, 1918 McCulloh Street offers straightforward management, durable building systems, and a clear path to future income growth.

Listing courtesy of Ben Frederick Realty, Inc.



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.