5750 Maplehill Rd Baltimore, MD 21239

Property Details for 5750 Maplehill Rd

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of seventeen single-family rental homes located in various desirable areas of Baltimore, Maryland. The portfolio comprises seventeen buildings, each a two-story structure, totaling seventeen units. These properties are classified as Class C and boast a strong net operating income (NOI) of $200,000. The properties are zoned for residential use. Twelve of the seventeen homes are situated in the rapidly developing 21223 zip code, near the revitalized Hollins Market. This area is experiencing significant positive change, with ongoing revitalization efforts and discussions of a future train route within a ten-year plan, promising substantial long-term appreciation potential. The properties underwent renovations in 2020, ensuring a high-quality rental product. The portfolio is currently 100% occupied, with an occupancy date of February 6, 2024. Individual property addresses are available upon request. This is an ideal investment for those seeking a stable, high-yield portfolio with significant upside potential in a growing Baltimore neighborhood. The portfolio offers a compelling combination of immediate cash flow and long-term appreciation prospects. This is a rare opportunity to acquire a substantial multifamily portfolio in a rapidly improving area of Baltimore City. The properties are well-maintained and offer a diverse range of rental units, catering to a broad tenant base. The strong NOI and high occupancy rate demonstrate the portfolio's financial strength and stability. This is a turnkey investment ready for immediate income generation.

Location Insight

City

Baltimore

County

Baltimore

State

Maryland

Longitude

-76.5770134

Latitude

39.3574913