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About the Listing KWR25 - 3297285
Well-maintained 3BR / 1BA Baltimore City rowhome located just minutes from Morgan State University, offering immediate in-place rental income with long-term stability and future upside. The property has been tenant-occupied by the same resident for 13 years with a perfect payment history. The home was remodeled in 2013–2014 and features thoughtful updates and solid systems, including downstairs carpet replaced in 2024, hot water heater replaced in 2024, gas boiler heating system, and windows approximately 10 years old. Additional highlights include a dry basement, pitched roof with asphalt shingles, and one off-street parking space behind the property which will convey and is separately deeded. The property is Certified Lead Free by Leadtec Services, Inc., reducing compliance concerns for rental ownership. With modest cosmetic improvements, comparable resale values support an estimated after-repair value (ARV) of $215,000–$225,000, making this a compelling opportunity for investors seeking both income stability and equity growth. Property to be sold AS-IS. Seller will make no repairs. An excellent addition to a buy-and-hold portfolio in a strong Baltimore rental corridor near major institutions, transit, and commuter routes.
Listing Highlights
Status
Pending
Days on Site
15
Property Type
Townhome
MLS ®
MDBA2198488
Year Built
1940
Total Square Footage
1,260
Lot/Acreage
N/A
County
Baltimore City
Neighborhood
Ednor Gardens Historic District
HOA Dues
5.77/Annually
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1080
- Below Ground Sq Ft: 180
- Basement:
- Other: Dining Area
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-6
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $2,988
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
934 Argonne Dr Baltimore, MD 21218
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