Back 2128 Fleet Street
Off Market

2128 Fleet Street

Baltimore MD 21231

6
2
2838 sq. ft.
2100 sq. ft.
Duplex
Last sold for $680,000
Kyle ShayKyle Shay, last sold this property on 14 August 2025 after 194 days on market.

Overview

This well-maintained three-unit property in Canton presents a compelling investment opportunity in one of Baltimore’s most established rental markets. With 2,838 square feet of above-grade living space and two large garages, the property offers multiple income streams and long-term growth potential. . | | The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | | The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | | This property boasts a strong rental history, providing immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. | | Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.

Features

6 bedrooms
2 carspaces
2 garage spaces
2838 sq. ft. floor area
2100 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 6 bedroom duplexes sold in Baltimore over the last 12 months.

Property history for 2128 Fleet Street

2025
Sold
$680,000
14 Aug 2025 by Kyle Shay, of Compass

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88%
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