1404 MADISON AVE, Baltimore, MD 21217
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1404 MADISON AVE, Baltimore, MD 21217
1404 MADISON AVE, Baltimore, MD 21217
1404 MADISON AVE, Baltimore, MD 21217
1404 MADISON AVE, Baltimore, MD 21217
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Anita Mohamed

Anita Mohamed

+1(347) 903-3025
$ 649,900
Est. payment /mo
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Under Contract

1404 MADISON AVE Baltimore, MD 21217

3,100 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

Lot Size 3,100 Sqft

MLS Listing ID MDBA2192120

Total Units 5

Short Sale No

Originating MLS BRIGHT

Property Description

Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 10.2%! Freshly painted and hardwood floors refinished. The roof is approximately 5 years old. Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings, carved marble fireplace mantels and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Hardwood, Ceramic Tile

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 2

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Private Garage

Total Parking Spaces 2

Building

Lot Description Rear Yard

New Construction N

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Schools

School District Baltimore City Public Schools

Others

Tax Amount $1,657

Tax Year 2025

Tax ID 0314120378 002

Ownership Fee Simple

Security Features Smoke Detector

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Laura-Lee Jones • Long & Foster Real Estate, Inc.
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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1404 MADISON AVE