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Three-Unit Building Nearing Completion
For Sale
$149,900

530 N FULTON Ave, Baltimore, MD 21223

Three-unit building with immediate cash flow potential for savvy investor.

Days on Market101

Property Features for 530 N FULTON Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1920
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Deric S Beckett · License #531319
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 12:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty

Investment Insights

Based on property information with market context.

This is a three-unit building that is almost 90% complete. Each unit features two bedrooms, a kitchen, and a full bath. The property presents an opportunity for investors seeking immediate equity and cash flow upon completion. The property is sold as is. The location has a walk score of 66, indicating it is somewhat walkable, a bike score of 35, indicating it is somewhat bikeable, and a transit score of 70, indicating excellent transit.

Key Highlights

  • Opportunity for instant equity upon completion of renovations.
  • Projected annual rental income of $36,000 to $48,000.
  • Three separate units, each with 2 bedrooms and a full bath.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,295
Businesses Nearby

Demographics for 21223, MD

20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit building with immediate cash flow potential for savvy investor.
Where is this triplex located?
The property is located at 530 N FULTON Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Opportunity for instant equity upon completion of renovations.; Projected annual rental income of $36,000 to $48,000.; Three separate units, each with 2 bedrooms and a full bath.
More about this property
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