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About the Listing PICK1 - 3311337
Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.
Listing Highlights
Status
Active
Days on Site
25
Property Type
Multi-Family
MLS ®
MDBA2197276
Year Built
1900
Total Square Footage
0
Lot/Acreage
0.1
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: C-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,416
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
2420 Greenmount Ave Baltimore, MD 21218
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