BEDS8
BATHS6 full
SQUARE FEET2,856
MLS#MDBA2209778
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONBOLTON HILL HISTORIC DISTRICT
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Turnkey 4-unit multifamily opportunity in a prime Baltimore location generating strong, consistent income from day one. Ideal for investors seeking a stabilized asset with strong in-place cash flow and upside potential, or for an owner-occupant looking to offset their mortgage with rental income. This fully occupied asset consists of four 2-bedroom units (two 2BR/1BA and two 2BR/2BA) with a current gross monthly income of $6,234 plus additional income from water reimbursements ($220/month) and pet fees ($55/month), bringing total monthly income to approximately $6,509. Two units are in the process of renewing leases through May 2027, offering immediate stability, while one unit is on a month-to-month lease—providing flexibility for potential rent increases or owner-user strategy. All units are equipped with in-unit washers/dryers and dishwashers, enhancing tenant appeal and retention. The property has been well maintained with recent capital improvements, including multiple HVAC replacements (2023–2024), new water heaters (2025–2026), hardwood floor refinishing, and updated balcony flooring across units. Conveniently located near downtown Baltimore, major commuter routes, and neighborhood amenities, ensuring continued rental demand.
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Cooling: Central A/C, Zoned
Fuel Type: Electric, Natural Gas
Heating: Radiator
Lot Size: 0.07 Acres
Stories: 4.0
Taxes: $16,430
Year Built: 1880
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Disposal, Dryer, Icemaker, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer
Exterior: Brick
Exterior: Sidewalks
Interior: Wood Floors, Upgraded Countertops
Lot Dimensions: 0.07 Acre(S)
Municipality: Baltimore City
Parking Features: Rented/Permit Required
Sewer: Public Sewer
SQFT Above Finished: 2856
SQFT Total Finished: 2856
Structure Type: Interior Row/Townhouse
Utilities: Cable TV Available
Water: Public
Windows: Wood Frame
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: KW United
Agency Phone: 7035331500
Shown By
Agent Name: Cathy Graver
Agent Phone: (717) 669-0033
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,128.71 per month $1,555.67 Principal & Interest $1,369.17 Property Tax $203.88 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1729 Park Avenue | MLS# MDBA2209778
This townhouse located at 1729 Park Avenue, Baltimore, MD 21217 is currently listed for sale with an asking price of $699,000. This property was built in 1880 and has 8 bedrooms and 6 full baths with 2856 sq. ft. Park Avenue is located in the BOLTON HILL HISTORIC DISTRICT subdivision within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search BOLTON HILL HISTORIC DISTRICT real estate on www.cathygraver.com today.