1501 E Baltimore St, Baltimore, MD 21231

Property Description

Federal-Style Two-Unit Property with Income Potential in Baltimore City. Welcome to 1501 E Baltimore St, Baltimore, MD 21231—a Federal-style property currently configured and operated as two separate living units, offering flexibility for an investor, owner-occupant, or multi-generational living arrangement. The upper unit features five rooms and two full bathrooms and is currently rented by the room. There are currently three tenants occupying the unit, with two additional rooms presently available following recent tenant departures. The lower unit offers two bedrooms and one full bathroom. Each unit has its own private kitchen and separate in-unit washer and dryer, providing convenience and privacy for occupants. The property is currently occupied and generating approximately $3,600 per month in collected rental income, providing an attractive opportunity for investors seeking an income-producing property in Baltimore City. Buyer to independently verify zoning, permitted use, unit configuration, room count, square footage, and all rental/licensing requirements with the appropriate Baltimore City agencies. Property is being sold in its current condition and configuration. Recent Updates (Since October 2023) Downstairs Unit: New microwave, renovated full bath Upstairs Unit: New dishwasher Common / General: New washing machine