This listing is NOT a foreclosure. 11-Single Family Portfolio: 9 Lead-Free Homes in BaltimorennThis 11-unit Baltimore portfolio generates $76,252 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.nnThe portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 12 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.nnLocated 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.nnAddresses Part of Portfolion1219 Glyndon Ave, Baltimore MD 21223n123
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8 Sargeant St, Baltimore MD 21223n1321 Glyndon Ave, Baltimore MD 21223n1407 W Ostend St, Baltimore MD 21223n1415 W Ostend St, Baltimore MD 21223n2305 Herkimer St, Baltimore MD 21230n2109 N Longwood St, Baltimore MD 21216n3225 Kenyon Ave, Baltimore MD 21213n442 E Lorraine Ave, Baltimore MD 21218n1115 Carroll St, Baltimore MD 21230This MLS Resale home is a townhouse or condo located in BALTIMORE. It offers 780.00 sq. ft. in size, beds and 3 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.