2445 LAKEVIEW Ave Baltimore, MD 21217

This well-maintained six-unit multifamily property is located on a 0.265-acre lot in the Reservoir Hill neighborhood of Baltimore City. The property features four two-bedroom, one-bath units and two three-bedroom, one-bath units. Three units are currently occupied, providing in-place cash flow, while the remaining three vacant units offer an immediate value-add and lease-up opportunity. Most units measure approximately 900 square feet, with one two-bedroom unit at approximately 850 square feet. All units include hardwood floors, ceiling fans, overhead lighting, and digital thermostats. The upgraded kitchens feature granite countertops, stainless steel appliances, built-in microwaves, tile backsplash, and mini blinds. Bathrooms include ceramic tile finishes. Each unit is individually equipped with an in-unit washer and dryer, central HVAC, gas furnace, tankless water heater, and separate 100-amp electric service. Tenants are responsible for their own gas, electric, and cable/internet. The property is located near major commuter routes, public transportation, and neighborhood redevelopment activity, positioning it for rent growth and appreciation. The property is suitable for investors seeking a turnkey building with modern systems and upside potential. Projected annual expenses include real estate taxes of $4,017.00, water at $4,804.00, utilities at $2,957.00, inspections at $150.00, and landscaping at $1,170.00. Trash pick-up is provided through Baltimore City. The location has a bike score of 52, indicating it is bikeable, a walk score of 76, indicating it is very walkable, and a transit score of 78, indicating excellent transit options.