20 E Eager St - Apartments FOR SALE


Baltimore, MD 21202- Midtown Baltimore
$575,000 USD
410-235-9500
20 E Eager St, Baltimore, MD for Sale
$575,000 USD
Apartments - FOR SALE
1/57
null | 7.9% Cap Rate

20 E Eager St
Baltimore, MD 21202
Midtown Baltimore


HIGHLIGHTS

  • Central Mount Vernon Location – Just five blocks to Penn Station for Amtrak and MARC service to New York and D.C.
  • Utilities Fully Reimbursed by Tenants – All utility costs recaptured through tenant billbacks, minimizing owner expenses.
  • Distinctive, Character-Rich Interiors – Original features like leaded glass, decorative marble mantles and tray ceilings set the apartments apart.
  • Modern Conveniences Where It Counts – In-unit laundry and central air enhance day-to-day livability and leasing potential.

OVERVIEW

20 East Eager Interiors: This first-floor apartment (1-bedroom, 1.5-bathrooms) spans the entire level and features two marble mantles, tray ceilings, and a room lined with leaded glass windows. Ceilings are an impressive 10 feet high. The kitchen includes wood cabinets, a gas stove, dishwasher, disposal, ceramic tile flooring and a ceramic tile backsplash. The bathroom has a pedestal sink, ceramic tile floor and a shower stall with ceramic tile surround. The main living areas have hardwood flooring, with laminate in the rear room. A small, private rear patio provides convenient access to the back of the property—ideal for tenants renting the on-site parking space. Tenants use the washer and dryer in the basement, which has direct access from their apartment. Located on the second floor, this apartment (1-bedroom, 1 bathroom) features a spacious living and dining room with wood floors, a decorative mantle, and oversized mantel mirror. The kitchen includes laminate countertops and cabinets, a 5-burner gas range and dishwasher. The bathroom has a wall-mounted sink, cast iron tub with ceramic tile surround and ceramic tile flooring. A stacked, full-size washer and dryer is located in the unit. This top-floor apartment (2-bedroom, 1-bathroom) spans the entire third level with an additional lower-level bonus bedroom and private rooftop deck. The front living room features wood paneling, decorative exposed ceiling beams, and two decorative fireplaces. The large eat-in kitchen includes a 30? electric range, dishwasher, real wood cabinets, laminate countertops and ample cabinet storage. A second-floor room offers floor-to-ceiling doors and direct access to the rooftop deck. The custom bathroom includes a modern vanity, soaking tub with views over Eager Street, separate shower stall with fiberglass enclosure and ceramic tile flooring and walls. A small cedar closet and in-unit laundry complete the apartment. Utility Breakdown: Apartment 1 is served by a self-contained gas-fired furnace with central air conditioning. Apartments 2 and 3 are heated via radiators from a shared steam-fired gas boiler and share a single air handler for central air. Domestic hot water is supplied by a central, gas-fired 50-gallon water heater. The building has one gas meter and one electric meter. Observable supply lines are copper; drain lines are primarily PVC with a cast iron main. Although utilities are not separately metered, the landlord recaptures utility expenses through tenant billbacks. What’s Special about Mount Vernon and 20 East Eager? 20 East Eager Street pairs historic character with practical features, located just one block from the famous Belvedere Hotel and five blocks from Penn Station, with direct access to Amtrak, MARC, and Light Rail for easy commuting to Washington, D.C. or New York City. The Maryland Club, a private and prestigious institution, anchors one end of the block, while the newly redeveloped City House Charles—home to Roggenart Bakery—anchors the other. Each of the three apartments is distinct, with original architectural details like leaded glass and decorative mantles. 20 East Eager Street has a WalkScore of 97 and Rider’s Paradise ranking of 99, demonstrating the walkabilty of the neighborhood and world class public transportation. Two of the three units offer strong potential for house hacking. Apartment 2 allows an owner-occupant to live affordably while collecting higher rent from the larger units above and below. Apartment 3, which spans the top floor and includes a bonus room and private deck, is a spacious option for buyers seeking a premium residence with rental income from the other two units.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

3

PRICE/UNIT

$191,667

CAP RATE

7.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,760 SF

ZONING

Y040

APN/PARCEL ID

0506-027

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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