Multi Family homes for sale & real estate in 21288, MD

Multi Family Home for sale in 21288, MD:

Investor opportunity in East Baltimore! Welcome to 1420 N Luzerne Avenue, a recently updated duplex offering two spacious 2-bedroom, 1-bath units and $28,800 in annual gross rental income. An excellent addition to an investment portfolio or opportunity for a buyer looking to enter Baltimore’s rental market. Both units have been refreshed with new flooring, fresh interior paint, and updated appliances, creating attractive, move-in-ready living spaces while helping reduce near-term improvement needs for the next owner. The desirable two-unit configuration provides multiple income streams from a single property and strong flexibility for an investor’s long-term rental strategy. Con

Multi Family Home for sale in 21288, MD:

Welcome to 1801 Madison Avenue, a renovated six-unit multifamily property in Baltimore offering immediate cash flow and a prime location in the Madison Park Historic District. Situated within one of the city's established historic neighborhoods, this income-producing asset presents an exceptional opportunity for investors seeking a turnkey apartment building with stable occupancy, strong rental performance, and long-term appreciation potential. The property consists of six residential apartments, including five one-bedroom residences and one spacious three-bedroom unit. Each apartment is separately metered for gas and electricity, helping minimize owner operating expenses, and every unit is

Multi Family Home for sale in 21288, MD:

The property currently averages $1,300 per residential unit, below the projected market rent of $1,962, creating significant income growth potential through residential repositioning. Additional upside comes from leasing the vacant commercial space at a projected market rate of $2.27/SF. At Year 1 stabilization, the property is projected to generate $77,234 in NOI, equating to a 16% cap rate, increasing to 17% by Year 5 through contractual rent escalations. Achieving these returns will depend on successful residential repositioning and commercial lease-up. The two-story mixed-use property includes two residential units totaling approximately 2,240 SF and one vacant 3,520 SF retail unit, for

Multi Family Home for sale in 21288, MD:

Unique investment opportunity in the heart of Federal Hill! This classic corner property features two residential units plus a detached garage, offering excellent income potential for investors or owner-occupants alike. The main-level unit offers 2 bedrooms, 1 full bath, access to a private courtyard, and an unfinished basement providing abundant storage. The upper-level unit features 1 bedroom and 1 full bath. The detached garage has been rented separately in the past, creating an additional income stream. Recent improvements include a new roof and professional basement waterproofing. The property boasts a strong rental history and will be delivered vacant, providing maximum flexibility fo