Turnkey, income-producing 3-unit property—fully leased and renovated—offering strong cash flow with upside potential. The first-floor unit is a spacious 3-bedroom, 1-bath residence (1,516 sq ft) currently generating $1,275/month. The second level features two 2-bedroom, 1-bath apartments: Unit 2A (750 sq ft) at $1,065/month and Unit 2B (798 sq ft) at $992/month. Total current monthly income is $3,332, with opportunity for future income growth. Completely renovated in 2019, the property includes updated systems throughout—HVAC, hot water heaters, and common laundry in the basement. Each unit offers modernized kitchens and baths along with updated flooring, providing a clean, attractive living environment for tenants. An excellent opportunity for investors seeking a stable asset with immediate income and room for growth. With an accepted offer and proof of funds, documentation including tenant leases, lead certifications, and year-to-date rent roll will be provided. Mortgage savings may be available for buyers of this listing.
Listed By
Agency Name: Redfin Corp
Agency Phone: 3016586186
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Estimated Payment
$ 1,553.38 per month $845.49 Principal & Interest $597.08 Property Tax $110.80 Homeowner's Insurance
3603 W Forest Park Avenue | MLS# MDBA2211906
This multi-family property located at 3603 W Forest Park Avenue, Baltimore, MD 21216 is currently listed for sale with an asking price of $379,900. W Forest Park Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.homesale.com today.