2926 Christopher Ave, Baltimore, MD 21214
This exceptional investment opportunity presents a six-unit multifamily property located at 2926 Christopher Avenue and 6110 Harford Road, Baltimore, MD 21214. The property, situated on a corner lot, comprises five residential units and one retail storefront, all within a single building. Two additional parking spaces generate supplemental income via monthly rental ($150/month each). The property boasts a large yard and enjoys high visibility due to its main road location and proximity to a bus stop, enhancing tenant convenience and accessibility. Its strategic location within a Baltimore Enterprise Zone offers significant tax incentives, including real and income tax credits for property improvements and new employment. Nearby amenities include Morgan State University, Hamilton-Lauraville Main Street, Northwood Commons shopping, and major grocery stores (Safeway and Aldi). Johns Hopkins University and Hospital are also within a short driving distance. The current rental income provides a solid foundation, with significant potential for revenue growth through a projected 20% rent increase. The vacant retail space presents an additional opportunity to boost income through leasing to a suitable tenant, such as a laundromat or cleaning service. This property offers a compelling combination of strong cash flow, development potential, and attractive tax benefits.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.