3 Beds
2 Baths
3,655 SqFt
3 Beds
2 Baths
3,655 SqFt
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,655 sqft
Price per Sqft $69
Subdivision Penn North
MLS Listing ID MDBA2231972
Style Traditional
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 3,655
Year Built 1900
Annual Tax Amount $4,611
Tax Year 2026
Lot Size 1,120 Sqft
Acres 0.03
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
2309 Druid Hill Ave., Baltimore, MD 21217 presents an exciting investment opportunity! This renovated, vacant two-unit property features a 1-bedroom/1-bathroom unit and a 2-bedroom/1-bathroom unit, offering investors the flexibility to lease both units and generate rental income.
At a $255,000 purchase price, the property offers projected gross annual rental income of approximately $36,000, an estimated net operating income (NOI) of $22,200, and a potential stabilized cap rate of 8.7%, based on projected operating expenses.
Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to establish rental income, maximize cash flow through full occupancy, and expand their investment portfolio.
Take advantage of this vacant, income-producing potential! Schedule your showing today and explore the possibilities this Baltimore investment property has to offer.
Financial figures are estimates for investment-analysis purposes only and should be independently verified. Actual results will depend on purchase price, rental rates, occupancy, and operating expenses. All offers are subject to the approval of Midland Mortgage.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Programmable Thermostat
Cooling Ceiling Fan(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Foundation Block, Brick/Mortar
Above Ground Finished SqFt 3655
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0313073415 021
Ownership Fee Simple
SqFt Source 3655
Acceptable Financing Cash, Conventional, FHA, FHA 203(k), VA
Listing Terms Cash, Conventional, FHA, FHA 203(k), VA
Financing Cash,Conventional,FHA,FHA 203(k),VA
Special Listing Condition Short Sale
Nearby Locations
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