Federal

215 E PRESTON STREET

BALTIMORE , MD 21202

MLS#: MDBA2168700

$599,900

Status: Active
Listing number: MDBA2168700
Listing provided by: RE/MAX Advantage Realty
Listing agent phone: None
Last update: 14 days ago
On site: 5 months ago
Browse Properties
Main image without alt text

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

3,150

Investor Opportunity in Prime Location! This fully permitted 3-unit multifamily building is a rare gem in one of Baltimore’s most desirable neighborhoods—just steps from Penn Station, the University of Baltimore, and all the charm Mount Vernon & Belvedere have to offer. The property is in excellent condition with a long list of updates including central A/C, stylishly renovated kitchens and bathrooms, freshly painted interiors, exposed brick for added character, and a fully functional front-door intercom system. Tenants enjoy a shared laundry room in the basement, and the building includes a valuable two-car parking pad—a true bonus in the city. The basement is currently unfinished but offers ample space and potential to create a fourth unit. With high rental demand and unbeatable walkability, this property makes tenant placement a breeze. Whether you're a seasoned investor or just starting out, don’t miss your chance to own a solid income-producing property in a top-tier location! Property includes a 2.25% assumable loan

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3150.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Concrete, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Federal

Price

  • Sales Price

    $599,900

  • Tax Amount

    9397.0

  • Sq. Footage

    3, 150

  • Price/SqFt

    $190

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Septic Tank, Public Sewer

  • Tax Lot

    024

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

BALTIMORE CITY

Elementary School

Middle School

High School

Listing Courtesy of Photi Mavroulis , RE/MAX Advantage Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MarylandSandbox

FOUNDER

MarylandSandbox

Call Maryland today to schedule a private showing.

(980) 000-0000

maryland.sandbox@realhub365.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Investor Opportunity in Prime Location! This fully permitted 3-unit multifamily building is a rare gem in one of Baltimore’s most desirable neighborhoods—just steps from Penn Station, the University of Baltimore, and all the charm Mount Vernon & Belvedere have to offer. The property is in excellent condition with a long list of updates including central A/C, stylishly renovated kitchens and bathrooms, freshly painted interiors, exposed brick for added character, and a fully functional front-door intercom system. Tenants enjoy a shared laundry room in the basement, and the building includes a valuable two-car parking pad—a true bonus in the city. The basement is currently unfinished but offers ample space and potential to create a fourth unit. With high rental demand and unbeatable walkability, this property makes tenant placement a breeze. Whether you're a seasoned investor or just starting out, don’t miss your chance to own a solid income-producing property in a top-tier location! Property includes a 2.25% assumable loan

215 E PRESTON STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Newly renovated and legally zoned 3-unit property. This end of group building features two 2 bedroom, 1 bath units (listed for $1,500/mo) and one 1 bedroom, 1 bath unit rented for $1,200/mo. All units are newly renovated with wood laminate flooring, kitchens with granite counters & ss appliances, updated baths, and in-unit laundry. A fantastic investment opportunity for a buyer looking to live in one unit and rent out the other 2 or for an investor looking for a turn key rental opportunity to add to their rental portfolio!
#MDBA2160964

BALTIMORE

2143 DRUID HILL AVENUE

5 Beds

None Baths

2,535 Sq.Ft.

$499,900

MLS#: MDBA2160964

Experience comfort, flexibility, and income potential in this newly renovated, non-conforming 2-unit Colonial offering over 2,500 sq. ft. of thoughtfully designed living space! The expansive owner’s unit welcomes you with a light-filled living room that flows into a dining area—perfect for hosting holidays and family dinners. The gourmet kitchen is a true showstopper, featuring sleek Quartz countertops, custom cabinetry, and high-end appliances to inspire your inner chef. A convenient main-level half bath adds function, while upstairs you’ll find 5 bedrooms and 3.5 baths, including a dream-worthy Primary Suite with a custom walk-in closet, built-in organizers, and a spa-like bath with dual vanities and an oversized walk-in shower. The second unit offers its own inviting layout with warm wood laminate flooring, a comfortable living room, a sunny dining area, a fully equipped kitchen, a laundry room, and 3 spacious bedrooms with a full bath—ideal for extended family, guests, or rental income. Extra features include an unfinished basement for abundant storage, a rear deck for summer barbecues, a detached 2-car garage plus additional driveway parking, and a charming front porch overlooking a large yard with its very own play area. Whether you choose to live in one unit and rent the other, or simply enjoy the versatility for multi-generational living, this property offers endless possibilities—all just minutes from I-695, I-70, and Route 40 for quick access to shopping, dining, and commuter routes.
#MDBC2137162

BALTIMORE

5402 EDMONDSON AVENUE

6 Beds

None Baths

3,432 Sq.Ft.

$489,900

MLS#: MDBC2137162

Triplex in Baltimore City that has been updated within the last few years. Four levels with two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit. Each of the three units have separate utility meters for their electricity, central air conditioning, and water heaters. Modern amenities and upgrades, exposed brick walls, tall ceilings and an abundance of natural light throughout make this an attractive building for tenants. Apartment #1 on the entry/first level is a one-bedroom/one-bathroom unit. Apartment #2 on the second level is another one-bedroom/one-bathroom unit. Apartment #3 on the top level is a two-bedroom/one-bathroom unit. The finished basement includes inside access with a bonus room that could be used for additional storage or could be converted back into a fourth unit for additional rental potential, with a full bathroom featuring a tub-shower. The common laundry room on this level has two sets of coin-operated washers and dryers, and a door outside to the rear with a one-car parking pad, accessible from the alley. Centrally located in the Charles North neighborhood of the Station North Arts and Entertainment District of Baltimore. Convenient for commuters, just a few blocks north of Penn Station with Amtrak and MARC trains, along with several Light Rail and bus stops nearby, and quick access to 83. Just several blocks away are The Maryland Institute College of Art (MICA) and The University of Baltimore, while Johns Hopkins University is just over a mile away. Currently, apartments 1 and 3 are vacant and apartment 2 is occupied. Owner pays for gas and electricity for the common areas and basement, while the tenants are responsible for their own apartments. The water bill is also split into thirds. Some images have been virtually staged. Short Sale - Being professionally negotiated.
#MDBA2183318

BALTIMORE

1824 SAINT PAUL STREET

4 Beds

None Baths

3,196 Sq.Ft.

$549,000

MLS#: MDBA2183318

2 Unit Multi-Family Dwelling. Property has 1 - 2 bedroom 2.5 bath , and 1- 3 bedroom 3.5 bath. Please schedule your tour today won't last long. Home qualifies for $10,000 Vacant to value booster for qualified buyers to use towards down payment or closing cost.
#MDBA2184378

BALTIMORE

1005 W LANVALE STREET

5 Beds

None Baths

N/A

$490,000

MLS#: MDBA2184378

This is a legal 2 unit property for sale near Druid Hill Park. Over 2800 sq ft. The first level and basement make up 1 unit. The other unit consists of a 3 bedroom/1 bathroom apartment on the second level. Each unit has its own private entrance. 2 car garage available in the rear. Please call to schedule a showing.
#MDBA2187594

BALTIMORE

2320 ANOKA AVENUE

8 Beds

None Baths

N/A

$495,000

MLS#: MDBA2187594

Financial Highlights 1112 N Eden St currently generates $45,927 in gross rental income (T-12), reflecting its existing performance with one vacant unit. Under stabilized conditions, pro forma gross income is projected to reach $85,986 in Year 1, supported by full occupancy and market rents. Based on our underwriting, the property is expected to achieve a 9.83% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth. Property Highlights Fully renovated in 2021-2022, 1112 N Eden St features six turnkey units—three one-bedrooms and three studios—combining historic charm with modern finishes. Each unit includes updated kitchens with appliances, newer HVAC systems (under 5 years), and individual gas and electric meters. Tenants pay their own utilities, ensuring efficient operations and reduced owner expenses. Location Highlights Located in Baltimore’s revitalizing Oliver/Gay Street corridor, 1112 N Eden St offers excellent access to downtown employment, education, and transit. Major nearby employers include Johns Hopkins University and the University of Maryland Medical System. Residents benefit from proximity to top schools, multiple bus and metro routes, and attractions like Patterson Park, the Inner Harbor, and the National Aquarium"
#MDBA2187734

BALTIMORE

1112 N EDEN STREET N

3 Beds

None Baths

2,872 Sq.Ft.

$500,000

MLS#: MDBA2187734

Price Improvement Exceptional investment opportunity in Upper Fells Point—a fully leased 2,600+ SQFT quadplex with the potential to build three additional units, expanding to seven total. The property spans three above-grade levels, featuring a multi-level 1 BD/1 BA unit and three studio apartments, all accessible via a common area. This income-generating property boasts hardwood floors throughout, granite countertops, shaker-style white cabinetry, and a charming historic brick façade. The fenced-in rear yard with a patio provides private outdoor space. Each unit is separately metered, and major improvements include a new roof and steel doors/frames installed in 2014. Current rental income: studios ($1,000–$1,120), 3 BD ($1,249). Nestled in Upper Fells Point, this property is just minutes from the waterfront, top dining spots, Johns Hopkins Hospital, and Patterson Park, ensuring strong rental demand in a highly sought-after area. Rent roll, lead certificates, and rental licenses are available upon request. Seller’s Preferred Title Company: CLA Title and Escrow Preferred Lender: Hannah Katz
#MDBA2157838

BALTIMORE

124 S BROADWAY

1 Beds

None Baths

2,654 Sq.Ft.

$575,000

MLS#: MDBA2157838

20,000 towards closing cost at purchase price. PAY ALL YOUR CLOSING COST / GET A HOME WARRANTY/ BUY DOWN YOUR RATE . ALSO AGENT BONUS AVAIL FOR A 30 DAY CLOSE . Legal 2 Unit Property . 1 - 1 Bedroom unit currently rented for 1200 a month, 1 - 4 bedroom unit when fully occupied brings in 3600 a month at current rent structure which can be increased by new owner. Rents in 4 bedroom currently 850+850+925+(975 Vacant) . Total Rents 4800 . Rental License and Lead Certificates available. Property also qualifies for 10,000 Vacant to Value Booster. 10,000 Baltimore City First Time Home Buyers incentive.
#MDBA2182776

BALTIMORE

1022 W LANVALE STREET

1 Beds

None Baths

N/A

$500,000

MLS#: MDBA2182776

Prime Upper Fells Point Investment Opportunity – Real Estate Only (Business Not for Sale). Two Properties: 301 S. Ann Street & 1803 Gough Street. This is your chance to own a mixed-use corner property package in the heart of Upper Fells Point. Only the real estate is for sale—NOT the bar business. The first-floor commercial space is home to Benders, a popular neighborhood bar and restaurant that has been a loyal, long-term tenant for 14 years and has no plans to leave. The sale includes the real estate; the existing lease with Benders conveys to the new owner, ensuring continued rental income from this strong tenant. The property consists of two parcels—301 S. Ann Street and 1803 Gough Street—featuring the leased commercial space with a valuable BD7 liquor license, plus two residential apartments and a third-floor storage/office area. The bar space is in excellent condition with a welcoming dining area, multiple coolers, small kitchen, rear office, and full basement for storage. One apartment is occupied by a long-term tenant at $1,000/month; the other is vacant and ready to lease. Located in a vibrant, walkable neighborhood just blocks from Patterson Park, Fells Point, and Johns Hopkins, this property offers steady cash flow and long-term investment potential. Property Details: 301 S. Ann Street – 2025 Tax Assessment: $307,000 | Annual Taxes: $6,783 | Total SQFT: 3,600 (2,625 above grade). 1803 Gough Street – 2025 Tax Assessment: $192,300 | Annual Taxes: $4,331 | Total SQFT: 1,719 (1,146 above grade). Sold As-Is. Please do not disturb tenants. Showings by appointment only with proof of funds or financing.
#MDBA2179116

BALTIMORE

301 S ANN STREET

2 Beds

None Baths

3,771 Sq.Ft.

$595,000

MLS#: MDBA2179116

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here