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    1702 Eutaw Pl Baltimore, MD 21217

    For Sale
    $625,000

    Four-unit apartment building, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This three-story apartment building at 1702 Eutaw Place in Baltimore, Maryland, 21217, presents a compelling investment opportunity. The property is a multifamily building consisting of four spacious units, each featuring two bedrooms and one bathroom. Each unit is generously sized, providing comfortable living spaces for tenants. The building is currently in good condition, though some renovations could enhance rental income. A significant advantage is the fully unfinished basement, offering considerable potential for expansion. This space allows for the addition of at least one, and possibly two, additional one or two-bedroom units, substantially increasing the property's value and rental income. The property's location in Baltimore positions it well within a thriving rental market, making it an attractive prospect for investors seeking to capitalize on strong rental demand. The asking price for this multifamily gem is $625,000. This presents a chance to acquire a property with immediate rental income potential and significant upside through strategic renovations and expansion in the basement. Don't miss this chance to add a valuable asset to your investment portfolio.

    Property Features for 1702 Eutaw Pl

    General Information

    Property type
    Multifamily properties

    HighLights

    • Three‑story multifamily building at 1702 Eutaw Place, Baltimore, MD 21217.
    • Four spacious two‑bedroom, one‑bathroom units.
    • Good condition, with renovation potential to increase rental income.
    • Large unfinished basement allows for expansion of at least one, possibly two, additional units.
    • Attractive location in a strong Baltimore rental market.
    • Asking price: $625,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.630261152452
    Latitude
    39.307119603853

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, prime location.
    Where is this multifamily property located?
    The property is located at 1702 Eutaw Pl Baltimore, MD.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Three-story multifamily building at 1702 Eutaw Place, Baltimore, MD 21217.; Four spacious two-bedroom, one-bathroom units.; Good condition, with renovation potential to increase rental income.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1702 Eutaw Pl Baltimore, MD 21217
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