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2620 Maryland Ave
Baltimore, MD 21218 Charles Village

$340,000 USD

Multifamily For Sale  •  3,108 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,108 SF
  • Year Built 1900
  • Cap Rate 9.22 %
  • Zoning R-8
70 Transit Score
100 Walk Score

Highlights

$68K/Unit Basis – Attractive entry point below replacement cost with room to grow rents.
Upside Through Market Rents – In-place rents below comparable units provide a clear path to increased income without major rehab.
Immediate Value-Add Opportunity – 4 units occupied providing in-place income, with one vacant unit ready for day-one renovation.

Property Flyers

Cap Rate: 9.22 %

Public Transportation

Commuter RailDriveWalkDistance
Penn Station (PENN - WASHINGTON - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC)) 3 min 18 min 1.0 mi
Camden Station Marc (CAMDEN - WASHINGTON - Maryland Transit Administration) 8 min - 2.6 mi
Transit/SubwayDriveWalkDistance
North Avenue (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 23 min - 12.2 mi
Tom Fair 410-235-9500 Ben Frederick Realty, Inc.
Tom Fair 410-235-9500 Ben Frederick Realty, Inc.