Fantastic investment opportunity in the heart of Baltimore - Madison Park Historic District!
Add this four-unit (16 rooms) multifamily property at 1406 Madison Ave to your portfolio and unlock its strong income potential. Each of the four separately metered units features individual rental rooms, totaling 16 rentable rooms—a rare setup ideal for maximizing rental income. Each unit includes shared common areas: a kitchen, open-concept living and dining area, bathroom, and laundry space. Some rooms are furnished, making this a turn-key opportunity for student housing, transitional housing, or other high-demand rental strategies. Located in a high-demand rental area near downtown attractions, Johns Hopkins University, MICA, UB, MARC train, commuter routes, shops, dining, stadiums, and entertainment. This property is a cash-flowing asset in a growing neighborhood. Estimated potential rent roll of $8,000–$10,000/month when fully occupied. Whether you're a seasoned investor or just starting your portfolio, this property is a prime addition. Don’t miss this opportunity to capitalize on a high-yield investment!
Property Features
Cooling Information
Central Air
Electric
Heating Information
Natural Gas
Forced Air
Water Features
Public
Parking
On Street
Basement
Full
Listing Courtesy: KLR Real Estate Inc - 410-653-2500