118 E 24Th St Baltimore, MD 21218

This fully modernized triplex, located in Charles Village, Baltimore, is designed for optimal rental performance and reduced maintenance. The property features completely new systems, including utility lines, furnaces, AC units, meters, and insulation, which are intended to minimize maintenance costs over the next 10 to 20 years. Unit #2 is rented for $2800 per month, and Unit #3 is rented for $2150 per month. The updated infrastructure and energy-efficient components aim to lower overhead and improve long-term ROI. The property is positioned to potentially achieve the highest gross rent of any triplex in Charles Village due to its durability, design quality, and location. Situated near MedStar Union Memorial Hospital, Johns Hopkins University, and Mercy Medical Center, it is expected to attract professionals, students, and medical staff. Baltimore Penn Station, the Charm City Circulator, and multiple MTA bus routes provide convenient access throughout the metro area. Local amenities such as Safeway on N Charles Street, Streets Market, and Waverly Farmers Market are within walking distance. The Charles Street Promenade, the Inner Harbor, and the Baltimore Museum of Art are nearby attractions. The property has a solid brick structure, an attached garage, and a footprint designed for efficient management, making it suitable for investors seeking immediate rental income and long-term appreciation. The lot size is 0.03 acres and the property size is 3720 square feet.