1404 Madison Ave, Baltimore, MD 21217
sale
$649,900
|
Other
Courtesy Of Long & Foster Real Estate
Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 10.2%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing or stop by our open house on February 22nd beginning at noon and meet us in person!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Brick
- Floor Covering: Tile
- Floor Covering: Hardwood
- Floor Covering: Tile - Ceramic
- Heating System: Forced Air
- MLSID: MDBA2192120
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