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Al Ferraguti

Red Sign Network

al@redsignnetwork.com +1(267) 784-8276

Listed by Kyle Shay • Compass

$ 680,700

Est. payment -/mo

Save

Price Dropped by $2K

2128 FLEET ST Baltimore, MD 21231

2,838 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,838 sqft

Price per Sqft $239

Subdivision Canton

MLS Listing ID MDBA2162116

Style Federal

Abv Grd Liv Area 2,838

Year Built 1920

Annual Tax Amount $12,859

Tax Year 2024

Lot Size 2,100 Sqft

Acres 0.05

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

This well-maintained, fully leased three-unit property in the heart of Canton offers a strong investment opportunity in one of Baltimore's most desirable rental markets. With 2,838 square feet of above-grade living space and two spacious garages, it provides multiple income streams and long-term appreciation potential. The property generates an annual rental income of $64,750 with yearly expenses, including taxes, totaling $18,714, resulting in a net operating income of $46,036 and a cap rate of 6.6%. This property is fully leased with a strong rental history and delivers immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. Schedule your showing today.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Additional Storage Area, Garage Door Opener, Oversized

Garage Spaces 2.0

Water Access N

View City

Roof Type Composite

Accessibility Other

Road Frontage City/County

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0301041784 008

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Al Ferraguti

+1(267) 784-8276

Team Leader of The Red Sign Network | License ID: AB067613

Team Leader of The Red Sign Network License ID: AB067613