1404 Madison Ave Baltimore, MD 21217

Other MLS #: MDBA2192120 Courtesy Of Long & Foster Real Estate

Property InformationDescription

Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 9.4%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s)
  • Cooling System: Multi Units
  • Exterior Type: Brick
  • Floor Covering: Tile
  • Floor Covering: Hardwood
  • Floor Covering: Tile - Ceramic
  • Heating System: Forced Air
  • MLSID: MDBA2192120

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1404 Madison Ave, Baltimore, MD 21217
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