1427 W Baltimore Street , Baltimore, MD 21223

Property Description

Discover a prime investment opportunity in the heart of UNION SQUARE! This 3 unit contains a first floor/street level commercial space with two apartments above on the 2nd and 3rd floors. property is excellent for an owner occupant who wants to operate their business from the first floor storefront and live in one apartment upstairs and still obtain rental income from the 2nd apartment on the 3rd floor. The 2nd floor apartment has the potential to be 2 bedrooms. For the investor the property offers great cash flow as it currently sits. Improve the property and see even greater returns with a potential rental income of $4500 or more per month! Although in need of some TLC, this property is ripe for value-add renovations, allowing savvy investors to enhance its potential and maximize returns. Strategically located on a busy commercial block, and adjacent to both Union Square and Franklin Square residential areas. This property is within walking distance to multiple transportation options, including bus stops and Light rail stations, making it highly attractive for renters seeking convenience. The detached garage offers additional storage and parking, a coveted feature in urban living. With small rear outdoor space, this property is easy to maintain while providing ample rental income potential. The surrounding area is vibrant and growing, promising a steady demand for rental units. Don't miss your chance to invest in a property that combines location, character, and opportunity for significant returns!

Property Features

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