$225,000

1708 HARLEM AVE, Baltimore, MD 21217

  • 2,520 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $89/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Outstanding 30% cash-on-cash return and 12% cap rate on this renovated, fully occupied three-unit multifamily property, which appraised in 2023 for $258,000. Gross rent is $3,450/m (Unit 1 $1200/m. Unit 2 $1,200/m, Unit 3 $1,050/m) - See uploaded investment summary. 2023 improvements include all new electrical work, three new boilers, three new kitchens and bathrooms, new flooring, and cosmetic updates throughout. The property features separately metered gas and electric, active lead certificates and rental licenses, and market-rate tenants (not Section 8). Unit mix consists of two 2BR/1BA units and one 1BR/1BA unit. Seller utilizes a local maintenance provider for trash service and common-area cleaning at a low monthly cost, with additional services available as needed. The property is in good working order and represents an excellent opportunity for an investor seeking stabilized income with minimal day-to-day involvement. Minimum 24-hour notice required for showings; maintenance personnel will provide access. Located on a quiet block surrounded by open space, with nearby bus service, approximately one mile to Metro, and convenient access to downtown and major commuter routes.

Listing Status:
Active
Data Last Updated:
March 22, 2026 at 7:16AM
Listing Office:
ExecuHome Realty : 4436323000
Listing Agent:
Dimitrios Lynch Jr. : 4109602949
MLS ID:
MDBA2199452
  • Appliances: RefrigeratorStove
  • Basement: FullUnfinished
  • Flooring: Luxury vinyl plankHardwood
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Unit/Flat
  • Roofing: Flat
  • General: BrickBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY-MD
  • Zoning: R-80316100097 060
  • Utilities: Water availableNatural gas available200 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Dimitrios Lynch Jr. , ExecuHome Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert W. Coleman Elementary School

1807 Harlem Ave, Baltimore, MD, 21217

Grades PK-5

0.12 miles away

B

Bluford Drew Jemison STEM Academy West

1500 Harlem Ave, Baltimore, MD, 21217

Grades 6-12

0.17 miles away

B

Bluford Drew Jemison STEM Academy West

1500 Harlem Ave, Baltimore, MD, 21217

Grades 6-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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