2050 BANK Street, Baltimore, MD 21231
MULTI_FAMILY - Other - BALTIMORE, MD
- Added:
- May 5, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 22 at 7:06 pm
Property Features for 2050 BANK Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking features
- On Street
- Interior features
- 2nd Kitchen, Breakfast Area, Combination Dining/Living, Floor Plan - Open
- Standard status
- Active
- Size
- 1,751 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5610
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jennifer Habte License #664017 (443) 996-9026
Listing office Coldwell Banker Realty 1113 36th Street, TIMONIUM, MD (410) 327-2200
Listing date May 5, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Currently rented: first‑floor back studio rents for $1,550/month
- Second unit is a three‑floor 3‑bedroom, 2‑bath apartment renting for $2,800/month plus $400 for utilities
- Brick building with forced‑air heating (Year built: 1900)
- Interior features include a breakfast area and an open combination dining/living floor plan
- Features include a second kitchen and a dining room
- On‑street parking
Overview
Located in the heart of historic Fells Point, the building offers convenient access to dining and entertainment options in the area. Both apartments are currently occupied, providing immediate rental occupancy.
For tenants, buyers, or operators seeking a two-unit setup, the configuration offers a smaller studio option alongside a larger, multi-level three-bedroom, two-bath residence. The combination of preserved original character and updates may support a range of residential use approaches, including long-term leasing or short-stay operations, based on the property’s demonstrated history.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $22.20 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $36.7k | $20.98 |
| − OpEx | −$11.0k | −$6.29 |
| NOI | $25.7k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.58741
- Latitude
- 39.28705
