1313 Eutaw Place

Baltimore MD 21217

4683 sq. ft.

3900 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Multi-unit building-Nestled on a picturesque, tree-lined street in Baltimore's historic Bolton Hill, 1313 Eutaw Place offers a distinctive investment opportunity blending architectural elegance and income potential. This stately 5-unit multifamily townhouse, spanning approximately 5,853 square feet, boasts beautifully preserved period features, including intricate inlaid hardwood flooring, ornate crown moldings, original fireplace mantels, soaring ceilings, and elegant chandeliers. Thoughtfully arranged, each unit provides separately metered gas heating (forced air), central air conditioning, and individual water heaters, ensuring optimal tenant comfort and efficient utility management. Currently fully leased, the property generates approximately \$90,000 in gross annual rental income, with significant potential to increase returns by bringing rents to market rates. The owner currently covers water expenses. Convenient amenities include a coin-operated washer and dryer located on the lower level. The spacious rear yard offers ample potential for outdoor relaxation, gardening, or further enhancements to boost tenant satisfaction and retention. Positioned in one of Baltimore's most desirable historic neighborhoods, 1313 Eutaw Place seamlessly combines timeless character, stable cash flow, and value-add potential—an outstanding addition to any discerning investor’s portfolio. Property is being sold As-Is.