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Baltimore,MD 21218
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,076 sqft
Price per Sqft $199
Subdivision Charles Village
MLS Listing ID MDBA2158418
Style Converted Dwelling
Bedrooms 6
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,076
Originating Board BRIGHT
Year Built 1924
Annual Tax Amount $5,669
Tax Year 2024
Lot Size 2,112 Sqft
Acres 0.05
Lot Dimensions 22'3\" x 96'
Property Sub-Type Interior Row/Townhouse
Property 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.
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Inclusions 30" gas range, refrigerator, clothes washer and clothes dryer
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0312193878 023
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard