Three-Unit Apartment
For Sale
$305,000
2018 MCCULLOH STREET, Baltimore, MD 21217
Apartment property with updated unit finishes, individual utility metering, and in-unit laundry equipment.
Property Size2,440 SF
Price / SF$125
Days on Market11
Property Features for 2018 MCCULLOH STREET
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Triplex
Units
Unit Mix
2 x One-Bedroom, 1 x One-Bedroom with Den
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
central air conditioning
stack washer and dryer
jetted bathtubs
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Ben Frederick Realty, Inc.
(410) 916-3331
Listed By:
Will A Cannon III
(410) 916-3331
Source:
Cummingsrealtors
Added: Aug 1
Changed: Aug 11
Last Checked: Aug 11 at 6:50AM
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 Ben Frederick Realty, Inc.
Investment Insights
Based on property information with market context.
This three-unit apartment property contains two one-bedroom residences and a one-bedroom residence with a den within 2,440 square feet. Built in 1920, the building features kitchens with wood cabinetry, laminate counters, 30-inch gas ranges, built-in microwaves, stainless-steel sinks, and garbage disposals. Bathrooms include ceramic tile, contemporary vanities, and tub enclosures, with jetted tubs in two apartments. Central air conditioning, individual electric water heaters, and stackable washer-dryer units serve each residence.
The property has four electric meters, three gas meters, and 400-amp electrical service. Residents pay separately metered electric usage, while the landlord currently covers heat and water/sewer. Limited Lead Free certification reduces the compliance requirements associated with tenant turnover. The building is in Druid Heights near North Avenue, Pennsylvania Avenue, the Penn-North Metro station, and multiple major bus routes. Projected operations indicate a 9.32% cap rate and 12.1% cash-on-cash return.
The property has four electric meters, three gas meters, and 400-amp electrical service. Residents pay separately metered electric usage, while the landlord currently covers heat and water/sewer. Limited Lead Free certification reduces the compliance requirements associated with tenant turnover. The building is in Druid Heights near North Avenue, Pennsylvania Avenue, the Penn-North Metro station, and multiple major bus routes. Projected operations indicate a 9.32% cap rate and 12.1% cash-on-cash return.
Key Highlights
- Three‑unit layout with two one‑bedroom apartments and one one‑bedroom apartment with a den
- 2,440 SF apartment building constructed in 1920
- 400‑amp electrical service with four electric meters and three gas meters
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 21217, MD
30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Apartment property with updated unit finishes, individual utility metering, and in-unit laundry equipment.
Where is this triplex located?
The property is located at 2018 MCCULLOH STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Three‑unit layout with two one‑bedroom apartments and one one‑bedroom apartment with a den; 2,440 SF apartment building constructed in 1920; 400‑amp electrical service with four electric meters and three gas meters
