Triplex with Separate
For Sale
$310,000
517 Mosher Street, Baltimore, MD 21217
Three rented units with separate entrances, full kitchens, and baths—paired with turnkey property management.
Property Size1,989 SF
Price / SF$155.86
Days on Market233
Property Features for 517 Mosher Street
General Information
Standard status
Active
Size
1,989 SF
Property subtype
Multi-Family
Zoning
R-8
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$499
Amenities
Connecting Stairway,Unfinished
Other
Yes
Natural Gas
No
Estimated
No Pool
Public
0.00
On Street
4000.00
Building Details
Building Size
1,989 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial
(856) 222-0077
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Feb 20
Changed: Sep 30
Last Checked: Oct 11 at 4:06AM
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 Coldwell Banker Commercial
Investment Insights
Based on property information with market context.
This well-maintained triplex offers three residential units with functional layouts. Each unit includes a full kitchen and a private bath, along with spacious living areas designed for comfortable day-to-day living. The property is configured with separate entrances for the units.
The property is located in Baltimore City with convenient access to major commuter routes and public transportation. It is also positioned near downtown Baltimore and local amenities, supporting tenant access to employment centers and everyday services.
The units are currently rented, providing immediate occupancy. A turnkey property management company is in place to help support a smooth transition for the next owner. For qualified buyers, the seller may consider partial seller financing. This makes the property a practical fit for investors looking to add a managed, income-producing multifamily asset to their portfolio.
The property is located in Baltimore City with convenient access to major commuter routes and public transportation. It is also positioned near downtown Baltimore and local amenities, supporting tenant access to employment centers and everyday services.
The units are currently rented, providing immediate occupancy. A turnkey property management company is in place to help support a smooth transition for the next owner. For qualified buyers, the seller may consider partial seller financing. This makes the property a practical fit for investors looking to add a managed, income-producing multifamily asset to their portfolio.
Key Highlights
- Rented triplex in Baltimore City with three units, each with a full kitchen and full bath
- Separate entrances for all three units
- Heating: natural gas; property has a basement with connecting stairway and unfinished area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,913
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260
$518.3K
Cap Rate 7%
$370,186
$370.2K
Cap Rate 9%
$287,922
$287.9K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$50.1K $25.20/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$47.1K $23.69/SF
− OpEx
−$21.2K −$10.66/SF
NOI
$25.9K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260
Cap Rate 7%
$370,186
Cap Rate 9%
$287,922
Alternative Uses
Best Use
Multifamily LT 5
$417.3K
$365.1K – $486.8K
NOI $29,209 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$370.2K
$323.9K – $431.9K
NOI $25,913 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$476.5K
$417.0K – $555.9K
NOI $33,356 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 21217, MD
30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three rented units with separate entrances, full kitchens, and baths—paired with turnkey property management.
Where is this triplex located?
The property is located at 517 Mosher Street Baltimore, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Rented triplex in Baltimore City with three units, each with a full kitchen and full bath; Separate entrances for all three units; Heating: natural gas; property has a basement with connecting stairway and unfinished area
