1447 William Street
Baltimore, MD, 21230 $ 510,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 3,140
for $510,000 with 5 bedrooms. This home was built in 1880.
This is the kind of property serious investors wait forand the ones who hesitate lose. Located in the heart of Riverside/Federal Hill, just minutes from the Inner Harbor, 1447 William Street is a 3,400+ square foot income-producing asset that delivers both immediate cash flow and long-term upside. This classic brick townhome is already configured with two separately metered units and offers a clear path to a third income-producing unit, making it an ideal opportunity for investors looking to maximize returns through strategic positioning. The main-level unit features a well-designed one-bedroom, one-bath layout with an open living and dining space, hardwood floors, and exposed brick accents that create strong tenant appeal and consistent rental demand. The upper-level unit spans multiple floors and lives like a full-size residence, offering generous bedroom sizes, an updated kitchen with granite countertops, expansive living areas filled with natural light, and a true primary suite complete with a walk-in closet and ensuite bath. Throughout the property, youll find the features that drive premium rents in this market, including tall ceilings, in-unit laundry in each unit, updated bathrooms with modern finishes, and a jacuzzi tub that adds an extra layer of desirability for higher-end tenants. The layout and scale of the home provide flexibility for multiple rental strategies, whether you choose to lease each unit traditionally, rent by the room for increased income, or position the property as a hybrid short-term rental. The rear alley access is a major value-add component, offering the potential to convert additional space into a third unit or create a garage or parking solutionboth of which can significantly increase overall property value and rental income. From an investment standpoint, this property checks all the boxes. With projected rental income between $6,000 and $6,500 per month, there is strong in-place and future cash flow potential, along with multiple exit strategies including long-term hold, house hacking, or full redevelopment into a higher-yield asset. The location only strengthens the investment, sitting in one of Baltimores most desirable and proven rental corridors, surrounded by restaurants, nightlife, major employers, and continued development that supports long-term appreciation. To make the opportunity even more compelling, seller financing is available above $300,000 at a below-market interest rate, providing investors with the ability to acquire and control a high-performing asset with more favorable terms than traditional financing. This combination of existing income, expansion potential, prime location, and creative financing is extremely rare in todays market. This is not just another listingit is a high-upside, cash-flow-driven investment in a location that consistently performs. Buyers who understand how to evaluate opportunity will immediately recognize the value here, and properties with this level of flexibility and return potential do not stay available for long.
See more
FeaturesGeneralLiving Area 2965
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Other
Possession Immediate
Zoning R-8
Architectural Style Other
Construction Materials Brick
School District BALTIMORE CITY PUBLIC SCHOOLS
Year Built 1880
Property Subtype Triplex
Tax Year 2025
Ownership Ground Rent
Cool Fuel Electric
Municipality Baltimore City
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 Use GPS
City BALTIMORE
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 1.00
Tax Annual Amount 6320.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 172.01
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 24
See more
InteriorHeating Fuel Electric
Basement Unfinished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
See more
ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList Byrandelldofat2003@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,140
- Monthly Property Taxes
- $527
- 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 $433,960
Percent of Sale Price 15%
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 |
|---|
| 4/24/2026 | $510,000 | | Listed Price |