2029 W North Ave, BALTIMORE, MD 21217

Income-Producing Opportunity in the Up-and-Coming Coppin Area! This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year. Transitional Housing History: The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use. Property Highlights: 6 Bedrooms – Ample space for residents or program rooms. 2.5 Bathrooms – Convenient for shared living arrangements. Recent Updates – Alarms, fire escape, and windows upgraded in the recent past. Additional … read more …