Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
2100 Maryland Ave presents a high-yield, value-driven opportunity with current gross rental income of $71,640 (T-12) and significant upside to $247,156 in Year 1 once renovated vacancies are leased, supporting an 8.9% stabilized cap rate with 4% annual rent growth and a 7.5% vacancy assumption; NOI is projected to grow from $148,294 in Year 1 to $173,483 by Year 5 under controlled expenses. The 16-unit property (15 licensed plus 1 additional) offers a mix of studios, one-, two-, and a five-bedroom/two-bath unit, all with in-unit laundry, along with separate gas/electric meters, RUBS underway for water, central A/C, gas heating, and a finished basement with two units. Ideally located in Baltimore’s Charles North neighborhood (ZIP 21218), the property is steps from Johns Hopkins University, University of Baltimore, and University of Maryland institutions serving 140,000+ students, as well as Johns Hopkins Hospital, MedStar Union Memorial, and UM Medical Center Midtown, within a city workforce of 273,000; with a Transit Score of 76 and proximity to Penn Station, Mount Vernon, and the Baltimore Museum of Art, the property combines immediate cash flow, strong leasing potential, and walkable access to major employment and cultural hubs.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other, Electric
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Other
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,800,000
-
Tax Amount
25074.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
001
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
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 Menachem M. Dalfin , Midfield 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.

FOUNDER
MarylandSandbox
Call Maryland today to schedule a private showing.

* 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.
