1911 W Baltimore St - Apartments FOR SALE


Baltimore, MD 21223- Booth-Boyd
$624,900 USD
800-383-3535
1911 W Baltimore St, Baltimore, MD for Sale
$624,900 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

1911 W Baltimore St
Baltimore, MD 21223
Booth-Boyd


OVERVIEW

Exceptional turn-key investment opportunity to acquire a fully operational 6-unit multifamily asset with strong income potential and long-term upside. This well-maintained building consists of six spacious 1-bedroom, 1-bath units, each thoughtfully designed with functional layouts that include generous living areas, full kitchens, comfortable bedrooms, and full baths. All units are separately metered for gas & electric, allowing for efficient expense management and maximizing net operating income, while central air and heat throughout ensures tenant comfort and retention. The property features a shared, coin-operated laundry facility in the basement, providing an additional revenue stream and added convenience for tenants. Currently 5 of the 6 units are occupied, offering immediate cash flow with the opportunity to increase income through lease-up or potential rent adjustments. At full occupancy, the property is projected to generate approximately $6,500 per month in rental income. Strategically located just minutes from downtown Baltimore, this asset benefits from its proximity to major employment hubs, shopping centers, dining, and public transportation options. This prime location supports consistent occupancy and future appreciation potential. Ideal for both seasoned investors and those looking to expand their portfolio, this low-maintenance, income-producing property offers a compelling blend of stability, scalability, and long-term growth.

FOR SALE DETAILS

PRICE

$624,900 USD

PRICE/SF

$195 USD /SF

# OF UNITS

6

PRICE/UNIT

$104,150

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R-8

APN/PARCEL ID

0207-045

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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