Prime Investment Opportunity in Northeast Baltimore generating almost $4,000 per months! Welcome to this well-maintained, tenant-occupied detached building located at the corner of Bel Air Road and Moravia. With three units, this property offers a lucrative income stream from day one. Conveniently situated in Northeast Baltimore, this property boasts easy access to major highways including I-95 and I-895, making commuting a breeze. Its proximity to Morgan State University presents a fantastic opportunity for student housing, providing a steady demand for rental units. Each unit is currently tenant-occupied, ensuring immediate cash flow for the savvy investor. Whether you're looking to expand your portfolio or capitalize on the thriving rental market in the area, this property offers endless potential. Washer and Dryer is located in the basement of this building for an opportunity for additional income. Unit 1 lease ends August 2024, Unit 2 3/2024-3/2025, Unit 3 1/2024 - 1/2025 Perfect for house hack! Don't miss out on this rare opportunity to own a profitable investment property in a sought-after location. Contact Agent for more details.
Property Details
Property Features
Property Information:
Architectural Style: A-Frame
Year Built: 1920
Living Area: 2,928 SqFt
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 847-4466
Listing Agent: Ashley White
Exterior Features
Parking Information:
Parking: Driveway, Off Street
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Window Unit(s)
School Info
Assigned Schools Information:
City Neighbors High School, Public Charter Grades 9-12
The Reach! Partnership School, Public District Grades 8-12
Mergenthaler Vocational-Technical High School, Public District Grades 9-12
Afya Public Charter School, Public Charter Grades 6-8
Vanguard Collegiate Middle School, Public District Grades 6-8
Stadium School, Public District Grades 6-8
Furley Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Corner of Bel Air Road and Moravia
Municipality:
Baltimore City
Price Information
Listing Price Info
Price Summary:
List Price: $435,000
Price Per SqFt: $149/SqFt
Tax Information:
Annual Amount: $3,960
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Baltimore, MD.
This property is $214.9K more than the Median Sold Price and $11/SqFt less than other homes in Baltimore, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDBA2121758
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 847-4466
Listing Agent: Ashley White
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Furley Elementary School
4633 Furley Ave
Distance between this listing and this school0.51 miles
Public District Grades PK-5
Middle School
4
/10
Afya Public Charter School
2800 Brendan Ave
Distance between this listing and this school0.70 miles
Public Charter Grades 6-8
3
/10
Vanguard Collegiate Middle School
5000 Truesdale Rd
Distance between this listing and this school1.16 miles
Public District Grades 6-8
2
/10
Stadium School
1300 Gorsuch Ave
Distance between this listing and this school2.04 miles
Public District Grades 6-8
High School
3
/10
City Neighbors High School
5609 Sefton Ave
Distance between this listing and this school1.45 miles
Public Charter Grades 9-12
1
/10
The Reach! Partnership School
2801 Saint Lo Dr
Distance between this listing and this school1.52 miles
Public District Grades 8-12
3
/10
Mergenthaler Vocational-Technical High School
3500 Hillen Rd
Distance between this listing and this school1.57 miles
Public District Grades 9-12
Assigned Schools
3
/10
Furley Elementary School
4633 Furley Ave
Distance between this listing and this school0.51 miles
Public District Grades PK-5
Nearby Schools
2
/10
Brehms Lane Elementary School
3536 Brehms Ln
Distance between this listing and this school0.66 miles
Public District Grades PK-5
5
/10
The Green School
2851 Kentucky Ave
Distance between this listing and this school0.68 miles
Public Charter Grades KG-5
Assigned Schools
4
/10
Afya Public Charter School
2800 Brendan Ave
Distance between this listing and this school0.70 miles
Public Charter Grades 6-8
3
/10
Vanguard Collegiate Middle School
5000 Truesdale Rd
Distance between this listing and this school1.16 miles
Public District Grades 6-8
2
/10
Stadium School
1300 Gorsuch Ave
Distance between this listing and this school2.04 miles
Public District Grades 6-8
Assigned Schools
3
/10
City Neighbors High School
5609 Sefton Ave
Distance between this listing and this school1.45 miles
Public Charter Grades 9-12
1
/10
The Reach! Partnership School
2801 Saint Lo Dr
Distance between this listing and this school1.52 miles
Public District Grades 8-12
3
/10
Mergenthaler Vocational-Technical High School
3500 Hillen Rd
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $35,234. Residents of Baltimore, MD typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 4200 Stanwood Ave in Baltimore, MD and zip code 21206 in the Frankford neighborhood. This 2,928 square foot home, which was built in 1920, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $435,000.
Baltimore, MD housing market in April 2024 saw over 257 listings sold above listed price, more than 143 sold at listed price and over 198 sold below. The number of listings in Baltimore, MD increased by 8.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $220,000, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.