1427 W Baltimore Street Baltimore, MD $ 299,900
1427 W Baltimore Street
$ 299,900
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1427 W Baltimore Street

Baltimore, MD, 21223
$ 299,900
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,847

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Multi-Family Home for sale in Baltimore, MD

for $299,900 with 2 bedrooms. This home was built in 1920 on a lot size of 0.05.

Discover a prime investment opportunity in the heart of UNION SQUARE! This 3 unit contains a first floor/street level commercial space with two apartments above on the 2nd and 3rd floors. property is excellent for an owner occupant who wants to operate their business from the first floor storefront and live in one apartment upstairs and still obtain rental income from the 2nd apartment on the 3rd floor. The 2nd floor apartment has the potential to be 2 bedrooms. For the investor the property offers great cash flow as it currently sits. Improve the property and see even greater returns with a potential rental income of $4500 or more per month! Although in need of some TLC, this property is ripe for value-add renovations, allowing savvy investors to enhance its potential and maximize returns. Strategically located on a busy commercial block, and adjacent to both Union Square and Franklin Square residential areas. This property is within walking distance to multiple transportation options, including bus stops and Light rail stations, making it highly attractive for renters seeking convenience. The detached garage offers additional storage and parking, a coveted feature in urban living. With small rear outdoor space, this property is easy to maintain while providing ample rental income potential. The surrounding area is vibrant and growing, promising a steady demand for rental units. Don't miss your chance to invest in a property that combines location, character, and opportunity for significant returns!

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Multi-Family Active

Price

$ 299,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 949

Style

Federal

Lot Size

0.05

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2210070

Features
General
Living Area 3690
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Utilities Cable TV Available Under Ground Electric Available Natural Gas Available Sewer Available Water Available
Possession Settlement
Roof Built-Up
Zoning C-1
Garage Spaces 1.00
Architectural Style Federal
Construction Materials Brick Brick Front
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1920
Electric 120/240V
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 39600.00
Accessibility None
County BALTIMORE CITY
Net Operating Income 27720.00
Insurance Expense 3500.00
New Construction N
Property Type Multi-Family
Subdivision Name UNION SQUARE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions W Baltimore St between Stricker and Calhoun
City BALTIMORE
Disclosures Historic Property Lead Based Paint - Federal Lead Based Paint - State Prop Disclaimer
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 949.0
Home Warranty Y/N N
Property Condition Average
Two Bedroom 0
Structure Type Over Storefront
Price Per Sq Ft Total AG 81.27
Acceptable Financing Bank Portfolio Cash FHA 203(k)
Historic Y/N Y
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Lease Type None
Standard Status Active
Year Built Source Estimated
Total Actual Rent 39600.00
Cap Rate 9.20
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Interior
Heating Fuel Electric
Basement Connecting Stairway Unfinished
Hot Water Electric
Total Stories 4
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Additional Storage Area Garage - Rear Entry
Type of Parking Detached Garage
Water View Y/N N
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1427
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* Excluded Features
List By
Berkshire Hathaway Homeservices Homesale Realty

Broker

teammarylandrealestate@gmail.com

Email

Affordability Calculator

$1,926
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$79
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.
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Nearby
3533253 Elementary School
3533153 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2026$299,900 Listed Price

Map


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1427 W Baltimore Street, Baltimore, MD, 21223 is a Multi-Family Home for sale at $299,900 with a lot size of 0.05. 1427 W Baltimore Street has 2 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 21223 which is in Baltimore, MD