SQUARE FEET2,856
MLS#MDBA2209758
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBOLTON HILL HISTORIC DISTRICT
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. 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. 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. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central A/C, Zoned
Fuel Type: Electric, Natural Gas
Heating: Radiator
Lot Size: 0.07 Acres
Taxes: $16,430
Year Built: 1880
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Disposal, Dryer, Icemaker, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer
Exterior: Sidewalks
Exterior: Brick
Interior: Wood Floors, Upgraded Countertops
Lot Dimensions: 0.07 Acre(S)
Municipality: Baltimore City
Parking Notes: Rented/Permit Required
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 4
Units: 4
Utilities: Cable TV Available
Water: Public
Windows: Wood Frame
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: KW United
Agency Phone: 7035331500
Shown By
Agent Name: Nida Cheema
Agent Phone: (410) 505-9700
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,128.71 per month $1,555.67 Principal & Interest $1,369.17 Property Tax $203.88 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1729 Park Avenue | MLS# MDBA2209758
This multi-family property located at 1729 Park Avenue, Baltimore, MD 21217 is currently listed for sale with an asking price of $699,000. Park Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on nidacheema.homesale.com today.