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About the Listing MIDRE1 - 3392438
Strong Rent Upside: Current average rent of $1,115/unit vs. projected market rent of $1,340/unit, offering immediate growth potential. Growing NOI & Cap Rate: Net Operating Income rises from $46.4K (Year 1) to $50.8K (Year 7), with cap rate increasing from 7.74% to 8.46%. Property Features: Four-story building with five 1-bedroom units, large bedrooms, hardwood floorings, granite countertops, white shaker style cabinet, private baths, and AC/heating. Prime Location: Northwest Baltimore (Liberty Square/Mondawmin) near major hospitals, universities, retail corridors, and Druid Hill Park. Excellent Accessibility: High Walk Score® (79) and Transit Score® (72), with nearby Metro, bus routes, and I-83 access.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
MDBA2226244
Year Built
1920
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 1
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-6
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,536
- 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..
2304 Tioga Pkwy Baltimore, MD 21215
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