$475,000

141 E North Ave, Baltimore, MD, 21202

3,010

Square feet

Welcome to 141 E North Ave, an exceptional investment prospect nestled in the vibrant and revitalized Station North neighborhood of Baltimore, Maryland. Priced at $425,000 this multi-family building comprises three fully occupied units, currently yielding a total rent of $3,711 monthly, while presenting the promising opportunity to reach market rents of $4,185. Boasting immediate income potential, this property is strategically positioned in a thriving locale, just minutes away from the bustling downtown Baltimore area. Don’t overlook the chance to seize this sound investment, characterized by stable occupancy rates and the promise of lucrative returns in a neighborhood on the rise PRIME LOCATION: Situated in Baltimore, the property is close to MICA, Johns Hopkins, and Baltimore University guaranteeing a steady demand for rentals in the vicinity. With easy access to Penn Station, local job markets, and the I-83 highway, it’s a prime location for convenience and connectivity. IMMEDIATE ROI: With tenants already in place, this property offers immediate investment potential, ensuring a favorable return on investment from day one. HOUSE HACK POTENTIAL: Possibility of house hack, living in one of the units and renting the other two. With this approach, the homeowner lives rent-free. CONVENIENT ACCESSIBILITY: Situated on a high-traffic road, the property ensures easy access to major highways such as HWY 40, 83, and 2, enhancing both visibility and convenience for residents. LUXURIOUS INTERIORS: All units feature wood flooring, white cabinets, granite counters, modern stainless steel kitchen appliances, HVAC and washer and dryer in the unit.

Facts & Features

MLS® # MDBA2119072
Price $475,000
Bathrooms 0.00
Square Footage 3,010
Acres 0.00
Year Built 1900
Type Multi-Family
Sub-Type Other, Other
Style Other
Status Pending

Community Information

Address 141 E North Ave
City Baltimore
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21202
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling Other
Has Basement No
Fireplace No

School Information

District BALTIMORE CITY PUBLIC SCHOOLS

Additional Information

Date Listed March 25th, 2024
Days on Market 17
Zoning OR-1*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMidfield Realty
Contact Info(410) 498-5408

Listing Map

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