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Excellent investment opportunity in Baltimore's desirable Mid-town Belvedere neighborhood, featuring a 5-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant and rent-ready and another in the process of renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals"”reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/30/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COUNTY | BALTIMORE CITY |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 2614 sq ft |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 10179 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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