3600 Greenmount Ave, Baltimore, MD 21218

Rare five-unit value-add opportunity in Baltimore’s Guilford neighborhood. 3600 Greenmount Avenue contains two large and three smaller one-bedroom apartments. Three apartments are currently occupied, providing existing income, while two vacant apartments allow renovations to begin immediately. The basement apartment requires a full gut renovation, and updating kitchens, bathrooms, flooring and paint throughout the building creates an opportunity to maximize rents and build long-term value. At just $92,000 per unit, the purchase price leaves room for improvements. More than $83,000 in roof and related work was completed in 2026, including a new natural slate roof and EPDM membrane. Additional features include three off-street parking spaces, six electric meters, six gas meters and individual gas-fired water heaters. Tenants pay electric and gas used for hot water and cooking. Located within approximately 1.5 miles of Johns Hopkins University’s Homewood Campus, Loyola University...