Cell: (410) 627-9990 | Office:(410) 561-0044
BEDS2
BATHS2 full
SQUARE FEET1,496
MLS#MDBA2199874
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONWASHINGTON VILLAGE
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family 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. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Fuel Type: Natural Gas
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,364
Year Built: 1898
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
Exterior: Brick
Municipality: Baltimore City
SQFT Above Finished: 1196
SQFT Below Finished: 300
SQFT Total Finished: 1496
Structure Type: Interior Row/Townhouse
Water: Public
Windows: Insulated
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Midfield Realty
Agency Phone: 4104985408
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,796.64 per month $3,182.56 Principal & Interest $197.00 Property Tax $417.08 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1219 Glyndon Avenue | MLS# MDBA2199874
This townhouse located at 1219 Glyndon Avenue, Baltimore, MD 21223 is currently listed for sale with an asking price of $1,430,000. This property was built in 1898 and has 2 bedrooms and 2 full baths with 1496 sq. ft. Glyndon Avenue is located in the WASHINGTON VILLAGE subdivision within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search WASHINGTON VILLAGE real estate on www.mikenelsonrealtor.com today.