Description
Please note that showings require 24 hour notices. With multiple tenants, Please call listing agent. Investor Alert! Prime multifamily opportunity in Baltimore's desirable Midtown Belvedere neighborhood. This property features four 1-bedroom units plus a top-level studio with a private full bath. Currently generating $4,000/month from three occupied units, with Unit 1 and the loft vacant-offering immediate value-add potential. Projected rents at market rates are estimated to reach approximately $6,500/month. Whether you're a first-time investor or expanding your portfolio, this property offers a strong combination of current cash flow and upside potential in a high-demand rental area. The ground floor and first floor have been recently renovated and include a new HVAC system and a 2-year-old water heater. Conveniently located near Penn Station, Maryland Institute College of Art (MICA), and the University of Baltimore-making it ideal for student and professional tenants. Private parking is available, along with additional street parking.
