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About the Listing LNG402 - 71460
Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 9.4%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Commercial Sale
MLS ®
MDBA2192120
Year Built
1920
Total Square Footage
9,500
Lot/Acreage
0.07
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor: Hardwood,Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: R-7
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street,Private Garage,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,657
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1404 Madison Ave Baltimore, MD 21217
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