2421 E Madison St, Baltimore, MD

Townhouse

For Sale

$--,---,---

430

Key Facts
Description
Rooms
Map

Key Facts

Type Townhouse

Levels Residential

Size 1300 sqft

Garage No

Taxes $960

Days Active 0

Lot Size

Approx. Age 1920

Avg. Price Per Sqft $126

MLS® Number MDBA2170622

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Incredible investment opportunity! Turnkey, occupied subsidized rental with 11+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1, 836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341, 960 on 12/27/2024. This one won’t last long!Show Description

MLS® NumberMDBA2170622

Laundry LevelBasement, Dryer In Unit, Has Laundry, Lower Floor, Washer In Unit

Central VacNo

FireplaceNo

Acreage0.02

ExteriorExterior Lighting, Gutter System, Sidewalks, Street Lights

GarageNo

Approx. Age1920

BasementConnecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Space For Rooms, Windows, Walkout Stairs, Outside Entrance

DrivewayOn Street

Garage Spaces

HeatForced Air, Natural Gas

A/CNone

Heating Fuel

Extras

refrigerator, stove, washer, dryer

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