Baltimore is located in Maryland. Baltimore, Maryland has a population of 596,345. 20.81% of the households in Baltimore contain married families with children. The county average for households married with children is 21%.
The median household income in Baltimore, Maryland is $53,821. The median household income for the surrounding county is $53,821 compared to the national median of $66,222. The median age of people living in Baltimore is 37.6 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 29.4 degrees. The average rainfall is approximately 43.59 inches per year, with inches of snow per year.
The property averages $1,115 per unit, well below the $1,340 market, creating clear rent upside. NOI is projected to grow from $46,418 in Year 1 to $50,756 by Year 7, with cap rates improving from 7.74% to 8.46%, supporting a strong value-add opportunity. This four-story, five-unit apartment building spans 3,000 SF on a 7,842 SF R-6 lot (built 1920). Units feature large bedrooms, hardwood floors, granite countertops, shaker cabinets, private baths, and HVAC. Walk Score 79 and Transit Score 72 support consistent demand. Located in Northwest Baltimore's Liberty Square/Mondawmin area, the property is near major employers including Sinai Hospital ( 2.5 miles), University of Maryland Medical Center ( 4.5 miles), and Johns Hopkins ( 5.5 miles), along with Coppin State ( 0.8 miles) and other universities. It sits steps from Mondawmin Mall, Druid Hill Park, and the Metro, with strong access to bus routes and I-83.
**Turnkey 8-Unit End-of-Group Multifamily in Baltimore City's Glen Neighborhood** **Current Gross Scheduled Annual Income: $84,588** 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. Private dumpster rental is used and costs around $250/month from NWE. 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. Each unit includes an in-unit stacked washer and dryer, with the exception of Units B3 and 1B, which share a common washer and dryer. 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.
Perfect Opportunity for Carry-Out or Food Operator! Incredible opportunity to buy a real estate for carry-out restaurant located on Reisterstown Road, a high-traffic commercial corridor offering excellent visibility, strong daily traffic counts, and convenient access. This property checks all the boxes: location, parking, and functionality. The property was renovated in 2020, with a new flat roof installed in 2021 and upgraded HVAC in 2020. The interior and exterior have been remodeled, and the site features parking and a rear patio and parking, offering flexibility for operations or future use. Ideal for an owner-operator or investor looking to step into an established food-service location. Sale is subject to Bankruptcy Court approval and is being sold strictly AS-IS, WHERE-IS.
Great investment opportunity for this all-brick Mixed Use 12,354 square foot property located on a premium 0.23-acre corner lot just 0.6 miles from Pimlico Race Course, home of the Preakness Stakes! Featuring 5 commercial/retail units on the ground level, 2 convenient commercial bays, and 5 residential units. Highly visible location, with front parking for 10 cars. Don't miss this great opportunity for great income producing property!
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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