2420 Greenmount Ave, Baltimore, MD 21218
Local realty services provided by:ERA Martin Associates
2420 Greenmount Ave,Baltimore, MD 21218
$225,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: gavriel khoshkheraman
Office: pickwick realty
MLS#:MDBA2223238
Source:BRIGHTMLS
Price summary
- Price:$225,000
About this home
Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents.
Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current.
Unit 2 is an upper-level residential unit.
Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller).
Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed.
Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside....
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Home facts
- Year built:1900
- Listing ID #:MDBA2223238
- Added:54 day(s) ago
- Updated:September 06, 2026 at 01:49 PM
Structure and exterior
- Year built:1900
- Lot area:0.1 Acres
- Architectural Style:Traditional
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Tax amount:$1,416 (2025)
Parking
- Parking description:On Street
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