Mixed-Use Residential Income
2420 Greenmount Avenue Baltimore, MD 21218
2420 Greenmount Avenue, Baltimore, MD, 21218
$230,000
For Sale
$230,000
Four-unit mixed-use building with three residential units and one leased commercial barber shop, plus an unfinished storage lower level.
Days on Market213
Property Features for 2420 Greenmount Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
Pickwick Realty
(443) 764-3056
Listed by
Gavriel Khoshkheraman · License #5002747
(443) 764-3056
Source
Compass
Added: Dec 22, 2025 Updated: Jul 20 at 4:50PM Checked: Jul 22 at 7:27AM
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 Pickwick Realty
Investment Insights
Based on property information with market context.
This mixed-use, four-unit property includes three residential units and one commercial unit. The main level features a residential unit with one bedroom and one bathroom, plus a bonus room and kitchen, with access to the backyard. A main-level commercial barber shop includes open space and a half bath and is currently rented. The upper levels include two additional residential units, with one currently vacant and one currently rented.
The unfinished lower level provides storage and contains a gas hot water heater, gas meter, five electric meters, and three electric panels. Per the seller, each unit has baseboard heat, and tenants pay their own BGE. The property is described as Limited Lead Free, and it is zoned C-1.
Two units are currently rented. The seller reports a gross annual base rent of $17,220 in place and a potential gross annual base rent of $55,200 if fully occupied at market rents. Owner expenses include water, insurance, property taxes, and repairs as needed.
The unfinished lower level provides storage and contains a gas hot water heater, gas meter, five electric meters, and three electric panels. Per the seller, each unit has baseboard heat, and tenants pay their own BGE. The property is described as Limited Lead Free, and it is zoned C-1.
Two units are currently rented. The seller reports a gross annual base rent of $17,220 in place and a potential gross annual base rent of $55,200 if fully occupied at market rents. Owner expenses include water, insurance, property taxes, and repairs as needed.
Key Highlights
- 4‑unit mixed‑use building in Baltimore City’s Barclay neighborhood: 3 residential units plus 1 commercial unit (barber shop).
- Current income includes 2 residential units and the leased barber shop, totaling $17,220 Gross Annual Base Rent.
- Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents (per provided information).
Property Analytics
Location Intelligence
Current Use by Public Records
Braids By Fatou
Hair Salon
Holy Ghost Deliverance
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Four-unit mixed-use building with three residential units and one leased commercial barber shop, plus an unfinished storage lower level.
Where is this residential income property located?
The property is located at 2420 Greenmount Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 4‑unit mixed‑use building in Baltimore City’s Barclay neighborhood: 3 residential units plus 1 commercial unit (barber shop).; Current income includes 2 residential units and the leased barber shop, totaling $17,220 Gross Annual Base Rent.; Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents (per provided information).
