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    1106 Beach Promenade Baltimore, MD 21226

    For Sale
    $300,000

    MULTI_FAMILY - Cape Cod - BALTIMORE, MD

    Property size:
    4,045 SF
    Lot size:
    0.28 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1106 Beach Promenade

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Driveway
    Size
    4,045 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Cape Cod

    Alex Cooper Auctioneers, Inc. (410) 828-4838 [email protected]

    Listing agent Scott Frank (410) 977-4712 License #586190

    Listing date Nov 22, 2025

    MLS# MDAA2131696 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Water View Multi-Family Investment

    This multi-family investment property features two buildings with a total of five fully leased rental units, generating over $82,000 in annual scheduled rental income. The property is well-maintained and offers unobstructed water views on Stoney Creek in the Orchard Beach community. A new roof was installed in 2024 and includes a transferable warranty. The property includes three units in the main house and two units in the smaller house, all with long-term tenants and leases extending through 2026. The units feature a mix of two-bedroom and one-bedroom layouts, each producing steady income. The total living area is approximately 3,445 square feet on a 0.28-acre lot. There is ample off-street parking available for six vehicles. Owner-paid utilities include water, electric, and oil for the main house and water for the small house; tenants cover propane and other utilities. The property is conveniently located near Pasadena, Glen Burnie, Baltimore, and Annapolis. The property is intended as a stable, income-producing investment in a sought-after location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.52381
    Latitude
    39.17041

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with five units, generating over $82,000 annually.
    Where is this apartment building located?
    The property is located at 1106 Beach Promenade Baltimore, MD.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates over $82,000+\/- in annual rental income from five fully leased units.; - Unobstructed Waterviews: Offers desirable water views on Stoney Creek in the Orchard Beach community.; - Stable Investment: Strong rental history with long-term tenants and leases extending through 2026.
    (410) 977-4712
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    1106 Beach Promenade Baltimore, MD 21226
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    Baltimore, MD 21226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106 Beach Promenade Baltimore, MD 21226
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