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Baltimore,MD 21217
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision West Baltimore
MLS Listing ID MDBA2176716
Style Colonial
Bedrooms 6
Full Baths 2
Half Baths 1
HOA Y/N N
Year Built 1915
Available Date 2025-08-06
Annual Tax Amount $4,689
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Income-Producing Opportunity in the Up-and-Coming Coppin Area!
This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year.
Transitional Housing History:
The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use.
Property Highlights:
6 Bedrooms – Ample space for residents or program rooms.
2.5 Bathrooms – Convenient for shared living arrangements.
Recent Updates – Alarms, fire escape, and windows upgraded in the recent past.
Additional Features:
Outdoor space with backyard and fire escape.
Accessibility features to accommodate diverse needs.
Ideal For:
Buy-and-hold investors seeking immediate cash flow.
Operators seeking housing layouts suited for group living or program needs.
A rare opportunity to acquire a property with a proven rental track record, recent code-compliant upgrades, and the potential to significantly boost income!
Location
State MD
County Baltimore City
Zoning OR-1*
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
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 0315370001 009
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard