1729 Park Ave, Baltimore, MD 21217
Local realty services provided by:Mountain Realty ERA Powered
1729 Park Ave,Baltimore, MD 21217
$699,000
- 8 Beds
- 6 Baths
- 2,856 sq. ft.
- Townhouse
- Active
Listed by: timothy robinson
Office: kw united
MLS#:MDBA2209778
Source:BRIGHTMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$244.75
About this home
Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income.
This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509.
Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention.
The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units.
Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand....
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Home facts
- Year built:1880
- Listing ID #:MDBA2209778
- Added:50 day(s) ago
- Updated:May 25, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Upgraded Countertops
- Basement:Yes
- Living area:2,856 sq. ft.
Heating and cooling
- Cooling:Central A/C, Zoned
- Heating:Electric, Natural Gas, Radiator
Structure and exterior
- Year built:1880
- Building area:2,856 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Brick
- Exterior Features:Sidewalks
- Levels:4 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$244.75
- Tax amount:$16,430 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Cable TV Available, Intercom
Parking
- Parking description:On Street, Rented/Permit Required
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