702 Homestead St, Baltimore, MD 21218

Baltimore
Local realty services provided by:O'BRIEN REALTY ERA POWERED
702 Homestead St,Baltimore, MD 21218
$395,000
  • 6 Beds
  • - Baths
  • 1,920 sq. ft.
  • Multi-family
  • Active
Listed by: thomas h fair
Office: ben frederick realty, inc.
MLS#:MDBA2221048
Source:BRIGHTMLS

Price summary

  • Price:$395,000
  • Price per sq. ft.:$205.73

About this home

● Strong Cash Flow Potential in a Growing Neighborhood — 12.1% projected ROI at market rents.. ● Strong Physical Condition — 2020 roof, replacement wood windows, individual HVAC units, and updated plumbing minimize repair expenses. ● Walkable Location Near Daily Essentials — Tenants enjoy access to Giant, Ace Hardware, the YMCA, and a year-round farmers market—all within a 4-minute walk—supporting consistent rental demand. Owner-Occupant Financing Scenarios: A: House Hack with FHA Financing: Purchase with just 3.5% down, occupy one apartment, and projected rental income from the other three apartments is essentially equal to your entire monthly PITI and PMI. B: Prefer Conventional Financing? Put 20% down and collect rent from the other three apartments. Your projected monthly housing cost is only $729 per month—less than renting a comparable two-bedroom apartment in Better Waverly while building equity in your own apartment building. (Call us for details) 702 Homestead Street...

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Home facts

  • Year built:1920
  • Listing ID #:MDBA2221048
  • Added:6 day(s) ago
  • Updated:July 02, 2026 at 01:33 PM

Rooms and interior

  • Bedrooms:6
  • Living area:1,920 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1920
  • Building area:1,920 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Converted Dwelling
  • Construction Materials:Frame
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$205.73
  • Tax amount:$6,662 (2026)

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