13-Unit Apartment Building with
For Sale
$1,350,000
2-4 E PRESTON STREET, Baltimore, MD 21202
Apartments feature in-unit laundry, mini-split HVAC, and individually metered gas and electric.
Property Size10,040 SF
Days on Market9
Property Features for 2-4 E PRESTON STREET
General Information
Standard status
Active
Size
10,040 SF
Property subtype
Five Or More Units
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
10 x studio, 2 x 2BR
Multifamily Units
12
Additional Details
Gross Income
$141,360
Taxes and HOA fees
Annual Taxes
$14,892
Amenities
stainless steel appliances
granite countertops
soft-close cabinetry
new hardwood flooring
double vanity bathrooms
expansive 9-foot ceilings
washer/dryer
mini split systems
separately metered for gas and electric
access control with key fob and keypad/intercom
Building Details
Building Size
10,040 SF
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
Alex Cooper Auctioneers, Inc.
(410) 977-4711
Listed By:
Matthew S Cooper · License #594308
(410) 977-4711
Source:
Thehulsmangroup
Added: Aug 13
Changed: Aug 21
Last Checked: Aug 21 at 4:57AM
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 Alex Cooper Auctioneers, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this 13-unit property combines 12 apartments with a ground-floor retail unit. Apartment interiors include stainless steel appliances, granite countertops, soft-close cabinetry, hardwood flooring, double-vanity bathrooms, and 9-foot ceilings. Each residence has a washer and dryer, mini-split heating and cooling, separately metered gas and electric, and controlled building entry. The property is lead-free, and the apartment mix includes studios and two-bedroom units.
Located at 2-4 E Preston Street in Baltimore, the building is across from a Starbucks and near the University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop is positioned directly in front of the property, while Penn Station is two blocks away with service toward Washington, DC, Philadelphia, and New York City.
Approximately 3 years remain on the CHAP credit associated with the real estate taxes. Ownership currently manages the property and handles trash removal.
Located at 2-4 E Preston Street in Baltimore, the building is across from a Starbucks and near the University of Baltimore and the Maryland Institute College of Art. A CityLink bus stop is positioned directly in front of the property, while Penn Station is two blocks away with service toward Washington, DC, Philadelphia, and New York City.
Approximately 3 years remain on the CHAP credit associated with the real estate taxes. Ownership currently manages the property and handles trash removal.
Key Highlights
- 13‑unit building with 12 apartment units and 1 ground‑floor retail unit
- Apartment mix includes studio and 2‑bedroom residences
- 9‑foot ceilings, stainless steel appliances, granite countertops, and hardwood flooring
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,055
Businesses Nearby
Explore this area
Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartments feature in-unit laundry, mini-split HVAC, and individually metered gas and electric.
Where is this apartment building located?
The property is located at 2-4 E PRESTON STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 13‑unit building with 12 apartment units and 1 ground‑floor retail unit; Apartment mix includes studio and 2‑bedroom residences; 9‑foot ceilings, stainless steel appliances, granite countertops, and hardwood flooring
