Rare opportunity to own a fully occupied 3-unit property generating $4,400/month ($52,800 annually) in a rapidly growing Northeast Baltimore location. Ideal for both investors seeking immediate cash flow and owner-occupants looking to significantly offset their mortgage with rental income from day one. The property features a strong and versatile unit mix, including a spacious 4BR/1.5BA two-level main unit ($1,900)—perfect for an owner-occupant seeking space and flexibility—alongside a 3BR/1BA unit ($1,500) and a 1BR/1BA unit ($1,000), appealing to a wide tenant base and supporting long-term rental stability. Each unit is separately metered for electric, allowing for efficient utility management, while the current owner covers common area utilities for added convenience. The property offers central A/C with supplemental ductless mini-split systems, functional layouts, and key fundamentals already in place—making it a strong addition to any portfolio or an ideal house hacking opportunity. Fully leased with a mix of lease terms, this property provides immediate income with upside potential. Located just off Harford Road with easy access to major commuter routes, shopping, and neighborhood amenities, this is a strategic acquisition in a steadily appreciating area. Whether you're looking to live in one unit while building equity or expand your investment portfolio with a stabilized asset, opportunities like this are limited.
Listed By
Agency Name: Samson Properties
Agency Phone: 2029380228
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,465.07 per month $945.87 Principal & Interest $395.25 Property Tax $123.96 Homeowner's Insurance
2810 Montebello Terrace | MLS# MDBA2209536
This multi-family property located at 2810 Montebello Terrace, Baltimore, MD 21214 is currently listed for sale with an asking price of $425,000. Montebello Terrace is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.mikenelsonrealtor.com today.