For Sale

Listed by Stephen Wilson

Source: Bright MLS #MDBA2077284

1718 Harlem Avenue, Baltimore, MD, 21217

$220,000

3840 sq. ft.
1482 sq. ft.

Other

30+ days on the market

What's around 1718 Harlem Avenue

About this property

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.

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