112 E 20TH ST, Baltimore, MD 21218

• 2,322 sqft

Property Description

112 East 20th Street has been owned by the same party for about 50 years, with minimal capital improvements and rents maintained below current market levels. This long-term ownership profile creates an opportunity to acquire at a lower price per unit, with multiple paths to increase income through rent adjustments and targeted upgrades. 3-unit multifamily investment opportunity in Baltimore’s Barclay neighborhood, just five blocks north of Penn Station. Offered at $240,000 ($80,000 per unit), this income-producing property features two two-bedroom apartments and one one-bedroom apartment in a centrally located rental corridor with convenient access to Johns Hopkins University, Station North, I-83, and downtown Baltimore. Units feature plaster walls and ceilings, a mix of wood and vinyl flooring, and functional layouts. Kitchens include wood cabinetry, with two apartments offering laminate countertops and one with a porcelain sink top. Bathrooms include cast-iron tubs with ceramic tile or vinyl surrounds. The property is heated by a Trane gas-fired furnace with a central 40-gallon gas water heater. The building is separately metered with four electric meters and three gas meters. Currently, the landlord pays public service bills and one electric meter serving an apartment; however, a future owner could modify lease terms to transition electric service to tenants. Located in the revitalizing Barclay neighborhood between Station North and Charles Village, the property benefits from walkable access to Penn Station with MARC and Amtrak service connecting Baltimore to Washington, D.C. and the broader Northeast corridor. Market rent projections supported by comparable units indicate strong income potential, with renovated apartments in the area achieving rents of $1,500+ per month.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:16AM

Listing Office:

Ben Frederick Realty, Inc. : 4102359500

Listing Agent:

Will A Cannon III : 4109163331

MLS ID:

MDBA2206192

Interior

• A/C: None
• Heating: RadiatorNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Converted Dwelling

Construction

• Roofing: Rubber
• General: BrickStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: BALTIMORE CITY PUBLIC SCHOOLS
• County: BALTIMORE CITY-MD

Lot

• Zoning: R-80312083808 026

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant's possessions excluded.