1112 N Eden St - Multi-Family FOR SALE


Baltimore, MD 21213- Gay Street
$500,000 USD
410-376-8699
1112 N Eden St, Baltimore, MD for Sale
$500,000 USD
Multi-Family - FOR SALE
1/16
null | 9.83% Cap Rate

1112 N Eden St
Baltimore, MD 21213
Gay Street


OVERVIEW

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

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,333

CAP RATE

9.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Updated & Rental Ready 6 Unit Apt Bldg.

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,136 SF

ZONING

R-8

APN/PARCEL ID

1175-029

ASK ABOUT THIS PROPERTY

Yaakov KanevskyMidfield RealtyMore Info
410-376-8699

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Yaakov KanevskyMidfield RealtyMore Info
410-376-8699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.