2405 Maryland Ave Baltimore, MD 21218
Well-maintained triplex with full occupancy and positive cash flow.
Lot size:
0.03 AcresProperty Features for 2405 Maryland Ave
General Information
- Lot size
- 0.03 Acres
Building Details
- Year built
- 1900
Source:
Elliman
Listing Agent: Joel Goldman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Occupied Triplex Opportunity
This is a fully occupied triplex, offering an opportunity to take over a well-run and well-maintained building. The property features three rented apartments, generating a current income of $2,700 per month, or $32,400 annually. Tenants are responsible for all utility payments. On-site laundry facilities are located in the basement. Since 2019, the owner has renovated all three showers in units 1, 2, and 3. Additional improvements include the installation of a new washer and dryer in the basement, replacement of the front door, re-tiling of the kitchen floor in the first-floor unit, installation of storage in the basement, repair of the back deck, and the addition of a small roof over the entrance to the basement.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6179869
- Latitude
- 39.3165126
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FAQs
What type of property is this?
Triplex - Well-maintained triplex with full occupancy and positive cash flow.
Where is this triplex located?
The property is located at 2405 Maryland Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: - Full occupancy with current income of $2,700/month ($32,400/year).; - Tenants pay all utilities.; - Recent renovations including all three showers, kitchen floor in first floor unit, and back deck repair.