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2304 EUTAW PLACE

BALTIMORE , MD 21217

MLS#: MDBA2188262

$999,999

Status: Active
Listing number: MDBA2188262
Listing provided by: Keller Williams Legacy
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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RESERVOIR HILL - Residential Income

Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

1907

Sq.Footage

6,702

2304 Eutaw Place is a legally zoned, five-unit multifamily property located in the historic and architecturally significant Reservoir Hill neighborhood of Baltimore. Built in 1907, the property has undergone extensive updates over the past five years and is fully occupied with current, paying tenants, making it an excellent turnkey investment opportunity. Each of the five residential units features modern finishes including hardwood flooring, updated kitchens with stainless steel appliances, in-unit washers and dryers, and high ceilings with generous natural light. The unit mix includes two 3-bedroom, 2.5-bath units, two 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit. All utilities are separately metered for gas and electricity; tenants are responsible for their own utility costs, while the owner pays for water. Off-street parking is available in the rear of the building for tenant use. Recent improvements include a full roof replacement completed approximately two years ago and ongoing interior and systems upgrades throughout the building. With a current gross monthly rental income of $7,245 (or $86,940 annually), this property offers strong in-place cash flow with upside potential in one of Baltimore’s most enduringly popular neighborhoods. Located just steps from Druid Hill Park, MICA, Bolton Hill, and with easy access to I-83 and public transit, 2304 Eutaw Place is ideally positioned for sustained rental demand and tenant retention.

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6702.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Off Street, On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $999,999

  • Tax Amount

    10665.0

  • Sq. Footage

    6, 702

  • Price/SqFt

    $149

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Water Source

    Public

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BALTIMORE CITY

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Listing Courtesy of Juwan Lee Richardson , Keller Williams Legacy

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2304 Eutaw Place is a legally zoned, five-unit multifamily property located in the historic and architecturally significant Reservoir Hill neighborhood of Baltimore. Built in 1907, the property has undergone extensive updates over the past five years and is fully occupied with current, paying tenants, making it an excellent turnkey investment opportunity. Each of the five residential units features modern finishes including hardwood flooring, updated kitchens with stainless steel appliances, in-unit washers and dryers, and high ceilings with generous natural light. The unit mix includes two 3-bedroom, 2.5-bath units, two 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit. All utilities are separately metered for gas and electricity; tenants are responsible for their own utility costs, while the owner pays for water. Off-street parking is available in the rear of the building for tenant use. Recent improvements include a full roof replacement completed approximately two years ago and ongoing interior and systems upgrades throughout the building. With a current gross monthly rental income of $7,245 (or $86,940 annually), this property offers strong in-place cash flow with upside potential in one of Baltimore’s most enduringly popular neighborhoods. Located just steps from Druid Hill Park, MICA, Bolton Hill, and with easy access to I-83 and public transit, 2304 Eutaw Place is ideally positioned for sustained rental demand and tenant retention.

2304 EUTAW PLACE

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