End-of-Row Duplex with Two
501 BALTIC Avenue Brooklyn, MD 21225
For Sale
$219,999
MULTI_FAMILY - Federal - BROOKLYN, MD
Property Size1,294 SF
Price / SF$170.01
Days on Market47
Property Features for 501 BALTIC Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Standard status
- Active
- Size
- 1,294 SF
Taxes and HOA fees
- Tax Annual Amount
- 2520
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1945
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Federal
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Renwick G James · License #587100
(410) 812-5004
Added: Jun 8
Changed: Jul 3
Last Checked: Jul 24 at 2:06AM
MLS# MDBA2218708
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.
Investment Insights
Based on property information with market context.
This end-of-row duplex provides two separately configured rental units. Unit 1 includes one bedroom and one bathroom, with a living/dining area and kitchen. Unit 2 offers two bedrooms and 1.5 bathrooms. Both units include their own refrigerator and stove. The property is reported to have undergone recent upgrades and is currently 100% occupied.
The property is described as being near public transportation and everyday amenities. Access to major commuter routes is noted, including I-895, I-95, I-695, Route 100, and Route 40, along with buses and commuter rails. The listing also states the duplex is close to a fire station, major churches, and convenient stores.
For buyers seeking an income-producing residential rental asset, this duplex features tenant-occupied units and a straightforward utility responsibility structure, with tenants paying electricity and the owner paying for water and sewer. Because the property is occupied, showings are described as needing to be scheduled and handled with agent accompaniment after appointments are confirmed.
The property is described as being near public transportation and everyday amenities. Access to major commuter routes is noted, including I-895, I-95, I-695, Route 100, and Route 40, along with buses and commuter rails. The listing also states the duplex is close to a fire station, major churches, and convenient stores.
For buyers seeking an income-producing residential rental asset, this duplex features tenant-occupied units and a straightforward utility responsibility structure, with tenants paying electricity and the owner paying for water and sewer. Because the property is occupied, showings are described as needing to be scheduled and handled with agent accompaniment after appointments are confirmed.
Key Highlights
- End of row duplex with two separate units and reported 100% occupancy
- Unit 1: 1 bedroom, 1 bathroom with living/dining and kitchen
- Unit 2: 2 bedrooms and 1.5 bathrooms
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 | $28.7k | $22.20 |
| − Vacancy | −$1.6k | −$1.22 |
| EGI | $27.1k | $20.98 |
| − OpEx | −$8.1k | −$6.29 |
| NOI | $19.0k | $14.69 |
1,294 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$271.5K
$237.5K – $316.7K
NOI $19,003 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$240.8K
$210.7K – $281.0K
NOI $16,859 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$310.0K
$271.3K – $361.7K
NOI $21,700 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - End-of-row duplex offers two separate units with in-unit appliances and a utility setup where tenants pay electricity.
Where is this duplex located?
The property is located at 501 BALTIC Avenue Brooklyn, MD.
What is the asking price?
The asking price for this property is $219,999.
What are key features of this property?
This property features: End of row duplex with two separate units and reported 100% occupancy; Unit 1: 1 bedroom, 1 bathroom with living/dining and kitchen; Unit 2: 2 bedrooms and 1.5 bathrooms
