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$ 474,950
Est. payment | /mo
0.34 Acres Lot
$ 474,950
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Lot Size 0.344 Acres
MLS Listing ID MDBA2204776
Total Units 6
Short Sale No
Originating MLS BRIGHT
Available Date 2026-02-28
Property Description
**Turnkey 8-Unit End-of-Group Multifamily in Baltimore City's Glen Neighborhood**
**Current Gross Scheduled Annual Income: $75,864**
Excellent opportunity to acquire a fully occupied brick apartment building comprised of eight residential units. The unit mix includes four studio apartments and four one-bedroom, one-bath units, offering a balanced layout for strong rental appeal. The property is zoned R-4 and currently licensed for six dwelling units, with approximately 2,480± square feet of gross living space.
The building features a durable rubber roof on the main structure, with an asphalt shingle roof covering the hallway addition. Many of the windows have been updated to vinyl replacements. A gravel parking area at the rear provides convenient off-street parking for up to eight vehicles.
Heating is supplied by six Goodman gas furnaces serving the original units, along with a heat pump for the two newer apartments. Most units are equipped with window air-conditioning. Hot water is provided by six Rheem gas water heaters and one electric Rheem unit. Utility configuration includes seven electric meters and six gas meters. Plumbing lines consist of C-PVC supply lines and PVC drain lines. Trash and recycling services are included through Baltimore City.
Each apartment includes a full kitchen outfitted with a 30-inch gas range, refrigerator, stainless steel sink, and wood cabinetry, with a mix of laminate and granite countertops and select shaker-style cabinet upgrades. Bathrooms feature updated vanities and either shower stalls or cast-iron tubs. Flooring throughout the building is primarily luxury vinyl plank or tile, with ceramic tile in select kitchens and baths.
Three units offer in-unit stacked washer and dryer setups, and additional laundry hookups are available in the basement. Five units hold lead-free certifications, while the remaining three have full risk-reduction certificates in compliance with MDE requirements.
A solid income-producing asset with strong fundamentals and practical upgrades already in place.
**Current Gross Scheduled Annual Income: $75,864**
Excellent opportunity to acquire a fully occupied brick apartment building comprised of eight residential units. The unit mix includes four studio apartments and four one-bedroom, one-bath units, offering a balanced layout for strong rental appeal. The property is zoned R-4 and currently licensed for six dwelling units, with approximately 2,480± square feet of gross living space.
The building features a durable rubber roof on the main structure, with an asphalt shingle roof covering the hallway addition. Many of the windows have been updated to vinyl replacements. A gravel parking area at the rear provides convenient off-street parking for up to eight vehicles.
Heating is supplied by six Goodman gas furnaces serving the original units, along with a heat pump for the two newer apartments. Most units are equipped with window air-conditioning. Hot water is provided by six Rheem gas water heaters and one electric Rheem unit. Utility configuration includes seven electric meters and six gas meters. Plumbing lines consist of C-PVC supply lines and PVC drain lines. Trash and recycling services are included through Baltimore City.
Each apartment includes a full kitchen outfitted with a 30-inch gas range, refrigerator, stainless steel sink, and wood cabinetry, with a mix of laminate and granite countertops and select shaker-style cabinet upgrades. Bathrooms feature updated vanities and either shower stalls or cast-iron tubs. Flooring throughout the building is primarily luxury vinyl plank or tile, with ceramic tile in select kitchens and baths.
Three units offer in-unit stacked washer and dryer setups, and additional laundry hookups are available in the basement. Five units hold lead-free certifications, while the remaining three have full risk-reduction certificates in compliance with MDE requirements.
A solid income-producing asset with strong fundamentals and practical upgrades already in place.
Location
State MD
County Baltimore City
Zoning R-4
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Garage Spaces 8
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 8
Building
New Construction N
Sewer Public Sewer
Water Public
Schools
School District Baltimore City Public Schools
Others
Tax Amount $5,474
Tax Year 2025
Tax ID 0327234421B040
Ownership Fee Simple
Special Sale Standard
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Listed by Gene Drubetskoy • EXP Realty, LLC
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