1219 Glyndon Ave

Baltimore MD 21223

1794 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

1794 sq. ft. floor area

Townhouse

Property history for 1219 Glyndon Ave

2018

Sold

$58,240

16 Nov 2018 by Carley Cooper, of Alex Cooper Auctioneers, Inc.

2007

Sold

$223,000

01 Jun 2007 by Carley Cooper, of Alex Cooper Auctioneers, Inc.

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