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About the Listing REFC2 - 3332064
Turnkey, income-producing 3-unit property—fully leased and renovated—offering strong cash flow with upside potential. The first-floor unit is a spacious 3-bedroom, 1-bath residence (1,516 sq ft) currently generating $1,275/month. The second level features two 2-bedroom, 1-bath apartments: Unit 2A (750 sq ft) at $1,065/month and Unit 2B (798 sq ft) at $992/month. Total current monthly income is $3,332, with opportunity for future income growth. Completely renovated in 2019, the property includes updated systems throughout—HVAC, hot water heaters, and common laundry in the basement. Each unit offers modernized kitchens and baths along with updated flooring, providing a clean, attractive living environment for tenants. An excellent opportunity for investors seeking a stable asset with immediate income and room for growth. With an accepted offer and proof of funds, documentation including tenant leases, lead certifications, and year-to-date rent roll will be provided. Mortgage savings may be available for buyers of this listing.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
MDBA2211906
Year Built
1920
Total Square Footage
3,364
Lot/Acreage
0.13
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3364
- 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: RESIDENTIAL
- Roof:
- Others: Awning(s)
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,165
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3603 W Forest Park Ave Baltimore, MD 21216
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