Turnkey Two-Unit Residential Income
807 Stoll Street Baltimore, MD 21225
807 Stoll Street, Baltimore, MD, 21225
$200,000
For Sale
$200,000
Fully renovated duplex with separate electric meters and shared laundry, designed for straightforward long-term rental use.
Property Size1,316 SF
Price / SF$151.98
Days on Market79
Property Features for 807 Stoll Street
General Information
- Standard status
- Active
- Size
- 1,316 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1942
Listing agency
Keller Williams Gateway LLC
(410) 245-6476
Listed by
Steven C Paxton · License #528707
(410) 245-6476
Source
Compass
Added: May 5 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 6:40AM
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 Keller Williams Gateway LLC
Investment Insights
Based on property information with market context.
This turnkey two-unit residence has been fully renovated and is ready to rent. Each unit offers a well-appointed 1-bedroom, 1-bath layout with updated, modern kitchens, refreshed baths, and durable LVP flooring. A lead-free certificate is in place, providing additional peace of mind for occupants. Laundry is conveniently located in the lower-level common area, supporting everyday tenant needs without adding complexity for the owner. Utility service is practical and clearly divided, with separate electric meters for each unit and shared water service.
The property is located in Baltimore City and is within city limits, served by Baltimore City Public Schools. The provided location context notes proximity to downtown, major highways, and public transit, which can be important for tenant convenience and access.
Well-suited for buyers seeking a clean, move-in-ready multifamily setup, this duplex combines individual unit metering with updated interior finishes and an on-site shared laundry area. The remarks also reference prior rental history of $1,200 and $1,000 per month per unit, offering a documented basis for rent-ready operation.
The property is located in Baltimore City and is within city limits, served by Baltimore City Public Schools. The provided location context notes proximity to downtown, major highways, and public transit, which can be important for tenant convenience and access.
Well-suited for buyers seeking a clean, move-in-ready multifamily setup, this duplex combines individual unit metering with updated interior finishes and an on-site shared laundry area. The remarks also reference prior rental history of $1,200 and $1,000 per month per unit, offering a documented basis for rent-ready operation.
Key Highlights
- Fully renovated two‑unit residence with 1‑bedroom, 1‑bath layout in each unit
- Separate electric meters for each unit with shared water service
- Shared laundry located in the lower‑level common area
Local Financial Insights For Apartment 5plus
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 | $33.2k | $25.20 |
| − Vacancy | −$2.0k | −$1.51 |
| EGI | $31.2k | $23.69 |
| − OpEx | −$14.0k | −$10.66 |
| NOI | $17.1k | $13.03 |
1,316 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.1K
$241.6K – $322.1K
NOI $19,326 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.8K
NOI $17,145 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$315.3K
$275.9K – $367.8K
NOI $22,069 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully renovated duplex with separate electric meters and shared laundry, designed for straightforward long-term rental use.
Where is this duplex located?
The property is located at 807 Stoll Street Baltimore, MD.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Fully renovated two‑unit residence with 1‑bedroom, 1‑bath layout in each unit; Separate electric meters for each unit with shared water service; Shared laundry located in the lower‑level common area
