2420 Greenmount Avenue
Baltimore, MD, 21218 $ 265,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 1,632
for $265,000 with 3 bedrooms. This home was built in 1900 on a lot size of 0.1.
Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.
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FeaturesGeneralLiving Area 0
Sewer Public Sewer
Heating Other
Cooling None
Possession Immediate
Zoning C-1
Architectural Style Traditional
Construction Materials Other
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1900
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Section 15
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 Google Maps
City BALTIMORE
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 4356.00
Tax Annual Amount 1416.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 12
Tax Lot 027
Total Actual Rent 17220.00
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InteriorHeating Fuel Other
Hot Water Other
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.10
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 12000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,632
- Monthly Property Taxes
- $118
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Baltimore, MD
Average List Price $407,771
Percent of Sale Price 54%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/9/2026 | $265,000 | | Listed Price |