Description
This spacious, fully leased investment property is rented at $3,850/month through may 2026, with a two-year lease in place from june 2025 to may 2027 at $3,975/month, ensuring long-term cash flow stability. with an 8.95% cap rate and a projected 10.6% cash-on-cash return, this property presents a strong investment opportunity in a high-demand rental market.
the home features hardwood flooring throughout the living spaces, laminate flooring in the kitchen, and a grassy rear yard for tenant enjoyment. the kitchen is built for durability, offering wood cabinetry, laminate countertops, and a functional layout. a half bath is conveniently located on the main floor, while full bathrooms are found on both the second and third floors.
a full basement with laundry provides additional storage or flexible use, adding to the property’s tenant appeal.
prime location & high rental demand
located in charles village, this home is just four walkable blocks from johns hopkins university homewood campus and the charles village shopping district, featuring chipotle, starbucks, barnes & noble, streets market, and an array of local shops and restaurants. union memorial medstar hospital is just two blocks north.
for added security and peace of mind, the street is patrolled by charles village special benefits district and johns hopkins campus security officers.
with a strong lease structure, professional management, and excellent projected returns, this is a rare opportunity to acquire a fully stabilized rental investment in a high-demand market.
Property Type
Multi-FamilySubdivision
Charles VillageCounty
BALTIMORE CITYStyle
Converted DwellingAD ID
48826925
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Radiator
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1924
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 1
- Built: 1924
- Construction Material: Brick
- Foundation/Basement: Block
- Architecture: Converted Dwelling
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,112
- Dimensions: 22'3" x 96'
- Lot Size (Acres): 0.05
- Architectural Style: Converted Dwelling
- Main Square Feet: 2,112
Property Information
- SQ ft: 2,868
- SQ ft (Living Area): 2,076
- Total Lot SQ ft: 2,112
- Subdivision: CHARLES VILLAGE
- Appx. Lot Dimensions: 22'3" x 96'
- Total Acreage: 0.05
- New Construction: No
- Type: Converted Dwelling
-
Listing Information
Listing Information
- Possession: Settlement,Subject to Existing Lease
- Days Of Market: 19
-
Taxes / Assessments
Tax Information
- Annual Tax: $5,669
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement,Subject to Existing Lease
Assessment Information
- Taxes Assessment Amount: $240,233
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: GPS
-
School, Utilities & Location Details
School Information
- School District: BALTIMORE CITY PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: GPS
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BuyOwner last updated this listing 04/24/2025 @ 18:49
- MLS: MDBA2158400
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 2,076 sqft, 2,112 sized lot, and 0 parking. are nearby neighborhoods.