For Sale: $699000, MD,BALTIMORE CITY MLS: MDBA2209778

MDBA2209778

For Sale: 1729 PARK AVE, BALTIMORE, md, 21217

8
Beds
6.
Bath
$699,000
Price
2856 Sq. ftLiving Area

Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income.

This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509.

Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention.

The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units.

Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.

Status: Active
MLS #: MDBA2209778
Days On Market: 3
Taxes: $16430 / 2025
Property Type: Residential
Year Built: 1880
Lot Size: 0.07 / 3049
InteriorFeatures: Wood Floors, Upgraded Countertops
Courtesy of: KW United