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This well-maintained, fully leased three-unit property in the heart of Canton offers a strong investment opportunity in one of Baltimore's most desirable rental markets. With 2,838 square feet of above-grade living space and two spacious garages, it provides multiple income streams and long-term appreciation potential. The property generates an annual rental income of $64,750 with yearly expenses, including taxes, totaling $18,714, resulting in a net operating income of $46,036 and a cap rate of 6.6%. This property is fully leased with a strong rental history and delivers immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. Schedule your showing today.
| DAYS ON MARKET | 2 | LAST UPDATED | 3/10/2025 |
|---|---|---|---|
| TRACT | CANTON | YEAR BUILT | 1920 |
| COUNTY | BALTIMORE CITY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 2178 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | CANTON |
| TAXES | 12859 |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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