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About the Listing SAMP25 - 3320345
Rare opportunity to own a fully occupied 3-unit property generating $4,400/month ($52,800 annually) in a rapidly growing Northeast Baltimore location. Ideal for both investors seeking immediate cash flow and owner-occupants looking to significantly offset their mortgage with rental income from day one. The property features a strong and versatile unit mix, including a spacious 4BR/1.5BA two-level main unit ($1,900)—perfect for an owner-occupant seeking space and flexibility—alongside a 3BR/1BA unit ($1,500) and a 1BR/1BA unit ($1,000), appealing to a wide tenant base and supporting long-term rental stability. Each unit is separately metered for electric, allowing for efficient utility management, while the current owner covers common area utilities for added convenience. The property offers central A/C with supplemental ductless mini-split systems, functional layouts, and key fundamentals already in place—making it a strong addition to any portfolio or an ideal house hacking opportunity. Fully leased with a mix of lease terms, this property provides immediate income with upside potential. Located just off Harford Road with easy access to major commuter routes, shopping, and neighborhood amenities, this is a strategic acquisition in a steadily appreciating area. Whether you're looking to live in one unit while building equity or expand your investment portfolio with a stabilized asset, opportunities like this are limited.
Listing Highlights
Status
Active With Contingency
Days on Site
34
Property Type
Multi-Family
MLS ®
MDBA2209536
Year Built
1905
Total Square Footage
2,208
Lot/Acreage
0.17
County
Baltimore City
Neighborhood
Lauraville Historic District
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 8
- Bathrooms: 3 Full
- Appliances: Dryer, Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer
- Air Cond: Central A/C,Ductless/Mini-Split
- Heating: Radiator
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Vinyl
- Above Ground Sq Ft: 2208
- Below Ground Sq Ft: n/a
- Basement: Connecting Stairway,Daylight,Partial,Unfinished
- Other: Bathroom - Tub Shower,Built-Ins,Carpet,Cedar Closet(s),Ceiling Fan(s),Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Pantry
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-3
- Roof: Shingle
- Others: Exterior Lighting,Sidewalks,Street Lights
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,743
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
2810 Montebello Terrace Baltimore, MD 21214
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