Property profile

1849 29th St Baltimore, MD 21218

OFF-MARKET
Other investment properties
Property ID
US40-0161424
4,283 SF 0.06 ac lot Built 1920
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use property located at 1849 E. 29th Street, Baltimore, MD 21218, consisting of a 4,283-square-foot building on a 0.06-acre lot. The building includes two residential units: one apartment with three bedrooms and one bathroom, and a second apartment with two bedrooms and one bathroom. The property also contains three unfinished storefront spaces. The residential units have undergone some updates, with additional improvements needed. The site is situated near Montebello Lake, Clifton Park, Morgan State University, and Northwood Commons Shopping Center, and it is positioned for access to public transportation and major city routes.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction BRICK
Total area 4,283 SF
Lot 0.06 ac (2,483 SF)
Zoning code R-6
APN 09-18-3952 -024A
UPID US40-0161424

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1849 29th St Baltimore, MD 21218-3747
Baltimore metro Census 90600 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$80k

Owner & transaction history

since 2021
Last sale
$58,000
5 recorded transactions
2021
$58,000
2019
$60,000
2000
$57,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-6 · Baltimore, MD
Zoning description

The R-6 Garden Rowhouse Residential Zoning District is intended for primarily low density rowhouse neighborhoods that reflect a naturalistic environment typified by open and landscaped front yards of buildings that are s…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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