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$130,000
10 Beds
-- Bath
1,496sqft
1219 Glyndon Ave, Baltimore, MD 21223
$130,000
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Townhouse
Built in 1898
$-- HOA
-- sqft lot
$87/sq.ft
Description
11-Single Family Portfolio: 9 Lead-Free Homes in Baltimore
This 11-unit Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential.
The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion.
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- Houzeo last checked: 13 Minutes ago
- Listing updated: December 16, 2025 at 1:57 am
- Listing Provided by: Yaakov Kanevsky (410) 324-6939 | Midfield Realty (410) 498-5408
- Source: Bright MLS-NJ | MLS#: MDBA2188088
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
1898
HOA Fees
-
Finished Area
1,496 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDBA2188088
MLS Status
ACTIVE-BRIGHT
Days on Market
58
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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