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Turnkey Two-Unit Income Property

513 North Schroeder Street Baltimore, MD 21223

513 North Schroeder Street, Baltimore, MD, 21223
$219,900
For Sale
$219,900

Turnkey duplex with central air in both units and tenant-paid utilities for predictable operating costs.

Days on Market90

Property Features for 513 North Schroeder Street

General Information

Standard status
Active
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1920
Listing agency Samson Properties
Listed by John E Rawlings · License #679690
Source Compass
Added: Apr 24 Updated: Jul 21 at 10:55PM Checked: Jul 21 at 10:55PM

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 Samson Properties


Investment Insights

Based on property information with market context.

This turnkey two-unit income property features separate 3-bedroom and 1-bedroom residences. Each unit is equipped with central air, and the tenants pay their own utilities. The current rent roll is described as approximately $1,600 per month for the 3-bedroom unit and approximately $1,000 per month for the 1-bedroom unit, for a combined projected gross income of about $2,600 per month.

The property is located in Baltimore City, within city limits. The school district is Baltimore City Public Schools.

With separate units, the configuration provides independent living spaces while maintaining the simplicity of a two-unit ownership structure.

Key Highlights

  • 2‑unit income property in Baltimore City (in city limits), built in 1920
  • 3‑bedroom unit with approx. $1,600/month market rent (projected gross income)
  • 1‑bedroom unit with approx. $1,000/month rent (projected gross income)

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Home Appliance Store Kitchen & Bath Showroom Clothing & Fashion Store (Bike/Boat/Book/etc) Store Restaurant Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey duplex with central air in both units and tenant-paid utilities for predictable operating costs.
Where is this duplex located?
The property is located at 513 North Schroeder Street Baltimore, MD.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 2‑unit income property in Baltimore City (in city limits), built in 1920; 3‑bedroom unit with approx. $1,600/month market rent (projected gross income); 1‑bedroom unit with approx. $1,000/month rent (projected gross income)
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