Fantastic investment opportunity in the heart of Baltimore - Madison Park Historic District! Add this four-unit (16 rooms) multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each of the four separately metered units features individual rental rooms, totaling 16 rentable rooms - a… Read More rare setup ideal for maximizing rental income. Each unit includes shared common areas: a kitchen, open-concept living and dining area, bathroom, and laundry space. Some rooms are furnished, making this a turn-key opportunity for student housing, transitional housing, or other high-demand rental strategies. Located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. This property is a cash-flowing asset in a growing neighborhood. Estimated potential rent roll of $8,000-$10,000/month when fully occupied. Whether you're a seasoned investor or just starting your portfolio, this property is a prime addition. Don't miss this opportunity to capitalize on a high-yield investment! Read Less
Courtesy of Kimberly Orange, KLR Real Estate Inc, [email protected].
Listing Snapshot
Days Online
7
Last Updated
Property Type
Townhouse
Beds
16
Full Baths
7
Lot Size
0.07 Acres
Year Built
1920
MLS Number
MDBA2178854
30 Days Snapshot Of 21217
$261k
-1%
(avg) sold price
21
-16%
homes sold
71
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Connecting Stairway, Full
Building
Built in 1920, Structure Type: Interior Row/Townhouse, 3 levels, Federal, Brick, Stone
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