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About the Listing MIDRE1 - 3392438
**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential. The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Townhome
MLS ®
MDBA2199874
Year Built
1898
Total Square Footage
1,496
Lot/Acreage
N/A
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1196
- Below Ground Sq Ft: 300
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-8
- Roof: Asphalt
- Others:
- Sewer: Other
- Parking Features: On Street
Financial Details
- Tax Amount: $2,365
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1219 Glyndon Ave Baltimore, MD 21223
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