1708 Harlem Ave, Baltimore, MD 21217

Baltimore
Local realty services provided by:ERA Byrne Realty
1708 Harlem Ave,Baltimore, MD 21217
$225,000
  • 5 Beds
  • - Baths
  • 2,520 sq. ft.
  • Multi-family
  • Active
Listed by: dimitrios lynch jr.
Office: execuhome realty
MLS#:MDBA2199452
Source:BRIGHTMLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$89.29

About this home

Outstanding 30% cash-on-cash return and 12% cap rate on this renovated, fully occupied three-unit multifamily property, which appraised in 2023 for $258,000. Gross rent is $3,450/m (Unit 1 $1200/m. Unit 2 $1,200/m, Unit 3 $1,050/m) - See uploaded investment summary. 2023 improvements include all new electrical work, three new boilers, three new kitchens and bathrooms, new flooring, and cosmetic updates throughout. The property features separately metered gas and electric, active lead certificates and rental licenses, and market-rate tenants (not Section 8). Unit mix consists of two 2BR/1BA units and one 1BR/1BA unit. Seller utilizes a local maintenance provider for trash service and common-area cleaning at a low monthly cost, with additional services available as needed. The property is in good working order and represents an excellent opportunity for an investor seeking stabilized income with minimal day-to-day involvement. Minimum 24-hour notice required for showings; maintenance...

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Home facts

  • Year built:1920
  • Listing ID #:MDBA2199452
  • Added:569 day(s) ago
  • Updated:March 30, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Hardwood, Luxury Vinyl Plank
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:2,520 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:2,520 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$89.29
  • Tax amount:$3,540 (2025)

Features and amenities

  • Amenities:200+ Amp Service, Natural Gas Available

Parking

  • Parking description:On Street

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