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MULTI_FAMILY - Other - BALTIMORE, MD

Outstanding 30% cash-on-cash return and 12% cap rate on this renovated, fully occupied three-unit multifamily property, which appraised in 2023 for $258,000. See uploaded investment summary. 2023 improvements include all new electrical work, three new boilers, three new kitchens and bathrooms, new flooring, and cosmetic updates throughout. The property features separately metered gas and electric, active lead certificates and rental licenses, and market-rate tenants (not Section 8). Unit mix consists of two 2BR/1BA units and one 1BR/1BA unit. Seller utilizes a local maintenance provider for trash service and common-area cleaning at a low monthly cost, with additional services available as needed. The property is in good working order and represents an excellent opportunity for an investor seeking stabilized income with minimal day-to-day involvement. Minimum 24-hour notice required for s...

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Source:First Street

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Source: ListHub, MLS# MDBA2199452
Listing status: Active
Listing last updated: February 20, 2026 at 1:36 PM
Listing last checked: February 21, 2026 at 4:30 AM
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