Description
Exceptional Properties. Exceptional Clients.Turnkey three-unit multifamily opportunity offering strong income potential and recent capital improvements in West Baltimore. 1005 Edmondson Ave has been thoughtfully updated and is well positioned for investors seeking stabilized cash flow with limited near-term maintenance.The first-floor unit is currently leased at $1,624 per month, with projected rents of $1,549 and $1,259 for the second and third floors, respectively. The property benefits from meaningful recent upgrades, including a new roof, new flooring, fresh interior paint, updated kitchen appliances, a basement sump pump with dehumidifier, and a freshly painted exterior, allowing the next owner to focus on operations rather than capital expenditures.Located just minutes from the University of Maryland, Baltimore, the Inner Harbor, and M&T Bank Stadium, the property sits near major employment centers, healthcare institutions, and downtown amenities that support consistent rental demand. The layout and unit mix offer flexibility for long-term hold investors or those seeking to stabilize and optimize income over time.This is a true investor asset—updated, income-producing, and priced with market conditions in mind. An excellent opportunity for buyers focused on yield, durability, and long-term value creation.
Description
Exceptional Properties. Exceptional Clients.Turnkey three-unit multifamily opportunity offering strong income potential and recent capital improvements in West Baltimore. 1005 Edmondson Ave has been thoughtfully updated and is well positioned for investors seeking stabilized cash flow with limited near-term maintenance.The first-floor unit is currently leased at $1,624 per month, with projected rents of $1,549 and $1,259 for the second and third floors, respectively. The property benefits from meaningful recent upgrades, including a new roof, new flooring, fresh interior paint, updated kitchen appliances, a basement sump pump with dehumidifier, and a freshly painted exterior, allowing the next owner to focus on operations rather than capital expenditures.Located just minutes from the University of Maryland, Baltimore, the Inner Harbor, and M&T Bank Stadium, the property sits near major employment centers, healthcare institutions, and downtown amenities that support consistent rental demand. The layout and unit mix offer flexibility for long-term hold investors or those seeking to stabilize and optimize income over time.This is a true investor asset—updated, income-producing, and priced with market conditions in mind. An excellent opportunity for buyers focused on yield, durability, and long-term value creation.
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