NEW! Buy and sell safely with virtual options - Learn More
About the Listing KWLA1 - 3804,3021917
Exceptional investment opportunity: Three well-maintained, separate units in a brick multifamily building. Offering a total of 5 bedrooms, 4 bathrooms, and 3,740 square feet in charming Reservoir Hill. The building features three separately leased units with stable rental histories, all registered with Baltimore City and lead-certified. All tenants are on 12-month leases and pay their own gas, electric, cable, and internet, with water paid by the owner due to non-separately metered service (water subsidy currently reimbursed by two of the three units). A BGE public service account covers common area lighting.Each unit offers functional layouts with updated finishes, hardwood flooring throughout, and is equipped with a stove, refrigerator, microwave, dishwasher, and in-unit washer and dryer, providing convenience and modern appeal for tenants.Unit 1 is a 2 bedroom, 1 bath, 1,000 square feet residence, includes a water subsidy. Unit 2 is a 2 bedroom, 2 bath, 1,200 square feet residence, currently vacant.Unit 3 is a 1 bedroom, 1 bath, 538 square feet residence, currently rented with water subsidy.The property includes a rear parking pad available to tenants in addition to street parking. A full rent roll and income statement are available, and the property has been professionally managed by Bay Management Group since early 2024. Additional highlights include strong rental demand in the area, an upcoming value-add opportunity with Unit 2’s turnover, and stabilized occupancy across the remaining units.
Listing Highlights
Status
Active With Contingency
Days on Site
45
Property Type
Multi-Family
MLS ®
MDBA2200058
Year Built
1905
Total Square Footage
2,765
Lot/Acreage
N/A
County
Baltimore City
Neighborhood
Reservoir Hill
School District
Baltimore City Public Schools
Elementary School
Call School Board
Middle School
Call School Board
High School
Call School Board
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Stove, Refrigerator, Washer, Water Heater
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2765
- Below Ground Sq Ft: 0
- Basement:
- Other: Ceiling Fan(s),Kitchen - Eat-In,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-8
- Roof:
- Others: Exterior Lighting,Sidewalks
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Paved Parking,Private,On Street
Financial Details
- Tax Amount: $3,085
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
717 Newington Ave Baltimore, MD 21217
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
