Average square foot calculated using Size range provided by listing agent.
Description
Fantastic investment opportunity in the heart of Baltimore - Madison Park Historic District! Add this four-unit (16 rooms) multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each of the four separately metered units features individual rental rooms, totaling 16 rentable rooms—a rare setup ideal for maximizing rental income. Each unit includes shared common areas: a kitchen, open-concept living and dining area, bathroom, and laundry space. Some rooms are furnished, making this a turn-key opportunity for student housing, transitional housing, or other high-demand rental strategies. Located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. This property is a cash-flowing asset in a growing neighborhood. Estimated potential rent roll of $8, 000–$10, 000/month when fully occupied. Whether you're a seasoned investor or just starting your portfolio, this property is a prime addition. Don’t miss this opportunity to capitalize on a high-yield investment!Show Description
MLS® NumberMDBA2178854
Laundry LevelCommon
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1920
BasementConnecting Stairway, Full
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric
Heating Fuel
Extras
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