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1718 Harlem Avenue

Baltimore MD 21217

3840 sq. ft.
1482 sq. ft.
Other
Currently for sale - view listing

Overview

Welcome to this exciting investment opportunity in the Harlem Park neighborhood of Baltimore! This 4 unit rooming house is located in the R8 zoning district, which allows for multiple units up to 4 apartments to be created, or keep it as a rooming house with 4 bedrooms, a shared kitchen, and 4 bathrooms, with each room having its own en suite. This property is in need of updating and cleaning up, but with some creativity and elbow grease, it has the potential to become a fantastic source of rental income. Similar nearby properties have been appraised at $325k once fully rehabbed, so there is room for a great return on investment. Situated on Harlem Ave., this unit enjoys a prime location in a vibrant and up-and-coming neighborhood. Across the street, there is an open field, providing plenty of green space for outdoor activities. And behind the building is a small park, providing additional outdoor recreation opportunities. Whether you're an investor seeking to add to your portfolio, or a cash flow seeker looking for a reliable income stream, this property is a must-see. Bring your imagination and your vision for the perfect rooming home or small apartment building, and make this property your next successful investment venture.

Features

3840 sq. ft. floor area
1482 sq. ft. lot size
Other

Happy sellers in Baltimore

90%
90% 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 11 reviews in Baltimore over the last 12 months.

Local market activity for other properties in Baltimore

In the last 12 months, 10 other properties similar to 1718 Harlem Avenue, have been sold.

This represents a 24% increase in other properties sales when compared to the previous 12 months.

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