2050 BANK Street, Baltimore, MD 21231
MULTI_FAMILY - Other - BALTIMORE, MD
- Added:
- May 5, 2026
- Days on Market:
- 37
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 2050 BANK Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking features
- On Street
- Interior features
- 2nd Kitchen, Breakfast Area, Combination Dining/Living, Floor Plan - Open
- Standard status
- Active
- Size
- 1,751 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5610
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jennifer Habte License #664017 (443) 996-9026
Listing office Coldwell Banker Realty 1113 36th Street, TIMONIUM, MD (410) 327-2200
Listing date May 5, 2026
Copyright © 2026 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.
HighLights
- Currently rented with tenants in both units
- First‑floor back studio rented for $1,550/month
- Second unit is a three‑floor 3‑bedroom, 2‑bath apartment rented for $2,800/month plus $400 for utilities
- Retains original building features with updates to meet modern renter needs
- Brick construction with forced‑air heating
- Interior features include 2nd kitchen, breakfast area, and an open combination dining/living floor plan
Overview
The home is located in the heart of historic Fells Point in Baltimore, with straightforward access to the area’s restaurants and entertainment options. The current configuration is fully engaged, with renters in both apartments.
For buyers seeking a flexible living-and-rental setup, the floor plan offers a smaller, efficient studio unit alongside a multi-level, larger apartment. Existing occupancy is in place, including $1,550 per month for the first-floor back studio and $2,800 per month for the three-bedroom, two-bath apartment, plus $400 per month for utilities. The retained character paired with practical updates may appeal to tenants or operators looking to support a mix of stay types.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $22.20 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $36.7k | $20.98 |
| − OpEx | −$11.0k | −$6.29 |
| NOI | $25.7k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.58741
- Latitude
- 39.28705
