Cell: (410) 627-9990 | Office:(410) 561-0044
BEDS2
BATHS2 full
SQUARE FEET1,248
MLS#MDBA2199886
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
Heating: Forced Air
Stories: 2.0
Taxes: $2,665
Year Built: 1898
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Washer/Dryer Hookups Only, Oven/Range - Gas, Range Hood
Exterior: Brick
Exterior: Sidewalks, Street Lights
Municipality: Baltimore City
SQFT Above Finished: 1248
SQFT Total Finished: 1248
Structure Type: Interior Row/Townhouse
Water: Public
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
$ 3,746.21 per month $3,115.79 Principal & Interest $222.08 Property Tax $408.33 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1415 W Ostend Street W | MLS# MDBA2199886
This townhouse located at 1415 W Ostend Street W , Baltimore, MD 21223 is currently listed for sale with an asking price of $1,400,000. This property was built in 1898 and has 2 bedrooms and 2 full baths with 1248 sq. ft. W Ostend Street W 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.