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1115 Carroll St

Baltimore MD 21230

2
2
1803 sq. ft.
Townhouse
Currently for sale - view listing

Overview

**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential. The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.

Features

2 bedrooms
2 bathrooms
1803 sq. ft. floor area
Townhouse

Happy sellers in Baltimore

92%
92% of sellers in Baltimore reported that their sale price either exceeded or met their price expectations.

Baltimore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Baltimore over the last 12 months.

Local market activity for 2 bedroom townhouses in Baltimore

In the last 12 months, 212 two-bedroom townhouses similar to 1115 Carroll St, have been sold.

This represents a 30% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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