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.
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Listing Snapshot
Price
$470,000
Days On Site
60 Days
Bedrooms
1
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1920
MLS® Number
MDBA2226244
Status
Active
Property Tax
$1,536
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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