217 E Preston Street Baltimore, MD $ 995,000
217 E Preston Street
$ 995,000
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217 E Preston Street

Baltimore, MD, 21202
$ 995,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 6,208

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Multi-Family Home for sale in Baltimore, MD

for $995,000 with 2 bedrooms. This home was built in 1900 on a lot size of 0.07.

Owner Occupant Opportunity! Purchase this property with 20% down, live in your 5-bedroom, 2-bathroom, 3-story house for free, and collect enough rents to pay your entire mortgage. If you can only put 5% down, then you would pay only $1,500/month to own and live in this property. Contact us for cash flow details. Owning 217 and 219 East Preston Street offers an owner to live in a renovated three-story, five-bedroom home while having a terrace level apartment to rent out or let a family friend or family member live in. Next door, is another five-bedroom home plus a one-bedroom, terrace level apartment. The five-bedroom 217 E Preston townhome has been renovated and updated, with new kitchen with stainless steel appliances, hardwood floors that are in great shape, and two updated bathrooms, creating a really nice home in which to live. For investors, this purchase means owning 2 rentable five-bedroom townhomes next to e ach other and two one-bedroom terrace apartments.

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Multi-Family Active

Price

$ 995,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 10,564

Style

Converted Dwelling

Lot Size

0.07

Year Built

1900

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2176238

Features
General
Living Area 5500
Sewer Public Sewer
Heating Baseboard - Hot Water Radiator Forced Air
Cooling Central A/C Window Unit(s)
Possession Settlement Subject to Existing Lease
Roof Rubber
Zoning OR-2
Architectural Style Converted Dwelling
Construction Materials Brick
School District BALTIMORE CITY PUBLIC SCHOOLS
Exclusions Tenant's possessions excluded
Year Built 1900
Property Subtype Quadruplex
Tax Year 2024
Ownership Ground Rent
Cool Fuel Electric
Municipality Baltimore City
Section 01
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City BALTIMORE
Disclosures Lead Based Paint - State Prop Disclaimer
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 3000.00
Number of Units Leased 3
Tax Annual Amount 10564.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 180.91
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 11
Tax Lot 022
Total Actual Rent 4909.00
Cap Rate 8.57
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions 4 ranges 4 refrigerators 2 dishwashers 2 built in microwaves
Type of Parking Off Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 20' x 100'
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 165000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Ben Frederick Realty, Inc.

Broker

will@benfrederick.com

Email

Affordability Calculator

$7,088
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$880
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2025$995,000 -9.55% Price Down
7/17/2025$1,100,000 Listed Price

Map


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217 E Preston Street, Baltimore, MD, 21202 is a Multi-Family Home for sale at $995,000 with a lot size of 0.07. 217 E Preston Street has 2 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 21202 which is in Baltimore, MD