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Updated Condo Income Property

1436 GREENBRIAR CIRCLE Unit 3-1436, Baltimore, MD 21208

For Sale
$199,000

Renovated interiors, in-home laundry, and a wooded rear outlook support comfortable residential living.

Property Size1,056 SF
Days on Market65

Property Features for 1436 GREENBRIAR CIRCLE Unit 3-1436

General Information

Standard status Active
Size 1,056 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,757

Amenities

pool
in-unit laundry
intercom system

Building Details

Building Size 1,056 SF
Year Built 1989
Listing Agency: Cummings & Co. Realtors
Listed By: Audrey M Bullock · License MD #523916
Source: Thehulsmangroup
Added: Sep 8 Changed: Nov 11 Last Checked: Nov 10 at 3:39PM

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 Cummings & Co. Realtors

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Investment Insights

Based on property information with market context.

This Baltimore condominium, built in 1989, combines updated interior finishes with practical everyday features. Improvements include fresh paint, LVP flooring, carpet, a modernized kitchen, and renovated bathrooms. The residence also includes in-unit laundry and an intercom system. Its rear position along a wooded area provides a quieter outlook and added privacy.

Building improvements include a roof replacement completed in 2025 and new carpet in the entry and lobby. Residents have access to a community pool, while shopping, restaurants, and major commuter routes are conveniently accessible from the property. The combination of interior renovations, building updates, and shared amenities creates a straightforward residential income property offering.

Key Highlights

  • Updated kitchen and renovated bathrooms
  • Fresh paint, LVP flooring, and new carpet throughout the residence
  • In‑unit laundry and intercom system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,758
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,160 $275.2K
Cap Rate 7%
$196,543 $196.5K
Cap Rate 9%
$152,867 $152.9K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$26.6K $25.20/SF
− Vacancy
−$1.6K −$1.51/SF
EGI
$25.0K $23.69/SF
− OpEx
−$11.3K −$10.66/SF
NOI
$13.8K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,160
Cap Rate 7%
$196,543
Cap Rate 9%
$152,867

Alternative Uses

Best Use
Apartment 5plus
$196.5K
$172.0K – $229.3K (±1% cap)
NOI $13,758 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.0K
$221.4K – $295.2K (±1% cap)
NOI $17,709 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,030
Businesses Nearby

Demographics for 21208, MD

35,007
Population
16,397
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,778
Density / Sq Mi
$90,822
Median Household Income
$55,620
Median Earnings
$1,672
Median Rent
$313,400
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Baltimore, MD

$157 Jul
$152 Aug
$149 Sep
$144 Oct

Properties on Market for Residential income properties in Baltimore

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated interiors, in-home laundry, and a wooded rear outlook support comfortable residential living.
Where is this residential income property located?
The property is located at 1436 GREENBRIAR CIRCLE Unit 3-1436 Baltimore, MD.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Updated kitchen and renovated bathrooms; Fresh paint, LVP flooring, and new carpet throughout the residence; In‑unit laundry and intercom system
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