2407 MARYLAND AVE, Baltimore, MD 21218
2407 MARYLAND AVE, Baltimore, MD 21218
2407 MARYLAND AVE, Baltimore, MD 21218
2407 MARYLAND AVE, Baltimore, MD 21218
2407 MARYLAND AVE, Baltimore, MD 21218
2407 MARYLAND AVE, Baltimore, MD 21218
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Listed by Will Cannon • Ben Frederick Realty, Inc.
$ 260,000
Est. payment | /mo

2,466 SqFt


Save
$ 260,000
Est. payment | /mo
Save

2,466 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,466 sqft

Price per Sqft $105

Subdivision Old Goucher

MLS Listing ID MDBA2225114

Style Converted Dwelling

Abv Grd Liv Area 2,466

Year Built 1900

Annual Tax Amount $4,510

Tax Year 2025

Lot Size 1,350 Sqft

Acres 0.03

Lot Dimensions 15' x 90'

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

2407 Maryland Avenue presents a three-unit apartment building in Baltimore's Old Goucher neighborhood, offering investors immediate income with meaningful upside. Simply bringing the existing rents to current market levels is projected to increase gross rental income by nearly $1,000 per month, resulting in a projected 10.4% return on investment—all without requiring extensive renovations.

The property has been under long-term ownership and reflects deferred maintenance and cosmetic wear consistent with many years of ownership. Investors have the flexibility to execute an improvement strategy that matches their budget and investment goals, whether through routine cosmetic updates, mid-grade renovations, complete apartment rehabs as units become available, or capital improvements to the building's systems and common areas. Additional improvements beyond market rent alignment may support even stronger rental performance and long-term appreciation.

Located in the heart of Old Goucher, residents enjoy walkable access to Johns Hopkins University Homewood Campus, Penn Station, the Station North Arts District, and the Charles Village commercial corridor. With approximately 85% of neighborhood residents renting their homes, Old Goucher continues to provide a deep tenant pool supported by nearby employers, universities, restaurants, and public transportation.

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Inclusions 3 gas ranges, 3 refrigerators included.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 2466

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312063624 004

Ownership Fee Simple

SqFt Source 2466

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations

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Timothy Bowen
Timothy Bowen

REALTOR® | License ID: 2191967

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2407 MARYLAND AVE