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Listed price in listed location currency (USD).
$699,000

860

MLS® MDBA2209778

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 2856 sqft
Garage 
Taxes $16,430
Days Active 22
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $244
MLS® Number MDBA2209778

Property Address: 1729 Park Ave, BALTIMORE, MD, 21217-4339

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income. This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6, 234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6, 509. Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention. The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
MLS® NumberMDBA2209778
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementOther
DrivewayRented/Permit Required, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 4, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
1729 Park Ave, Baltimore, MD

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