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Five-Unit Residential Income Property
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1957 Snyder Ave, Dundalk, MD 21222

Five rental units are licensed and lead certified, with a detached garage generating additional rental income.

Property SizeContact for details
Days on Market133

Property Features for 1957 Snyder Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5
Listing Agency: Cummings & Co. Realtors
Listed By: Eric McPhee · License #MD 614458
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:12PM

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

Investment Insights

Based on property information with market context.

This 5-unit residential income property is professionally managed by American Management and is licensed for five rental units. All units are lead certified and each unit has a current Baltimore County rental license. The property is currently operating with four occupied units and one vacant unit, which is being marketed for rental.

In addition to the five rental units, the property includes a detached garage that is rented separately. The occupied units and garage are currently producing income, and the vacant unit is available for showings.

The building offers an owner-occupant setup as well as a pure investment approach, with the ability to reside in one unit while collecting cash flow from the other units and the detached garage. Additional financial information, rental licenses, lead certifications, and leases are available upon request.

Key Highlights

  • 5 rental units are licensed and lead certified by Baltimore County
  • Professional management by American Management for the last several years
  • Total actual rents are $2,910/mo on 4 occupied units plus the detached garage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Gym & Fitness Center Skin Care Clinic

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Demographics for 21222, MD

59,062
Population
24,054
Households
2.5
Avg Household Size
38
Median Age
14%
College-Educated
85%
High-School Grad
11.5 sq mi
ZIP Area
5,136
Density / Sq Mi
$61,934
Median Household Income
$41,920
Median Earnings
$1,390
Median Rent
$200,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Five rental units are licensed and lead certified, with a detached garage generating additional rental income.
Where is this apartment building located?
The property is located at 1957 Snyder Ave Dundalk, MD.
What are key features of this property?
This property features: 5 rental units are licensed and lead certified by Baltimore County; Professional management by American Management for the last several years; Total actual rents are $2,910/mo on 4 occupied units plus the detached garage
More about this property
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