CHARIS REALTY GROUP

Other

1729 PARK AVENUE

BALTIMORE, MD 21217

MLS#: MDBA2209758

$699,000

Status: Active
Listing number: MDBA2209758
Listing provided by: KW United
Listing agent phone: None
Last update: 14 hours ago
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BOLTON HILL HISTORIC DISTRICT - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1880

Sq.Footage

2,856

Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509. Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention. The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2856.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Zoned, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Permit Required

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Other

Price

  • Sales Price

    $699,000

  • Tax Amount

    $16,430

  • Sq. Footage

    2, 856

  • Price/SqFt

    $244

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    027

  • Water Source

    Public

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Location

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BALTIMORE CITY

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Listing Courtesy of Timothy Robinson , KW United

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Agent Candice Hutslar

AGENT

Candice Hutslar

Call Candice today to schedule a private showing.

(410) 984-1019

Really.realestatellc@gmail.com


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Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509. Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention. The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.

1729 PARK AVENUE

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