2304 Tioga Pkwy, Baltimore, MD 21215

$470,000

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List Price
$470,000
Days on Market
0
Status
ACTIVE
MLS#
MDBA2226244
Style
Other
Year Built
1920
County
Baltimore City
School District
Baltimore City Public Schools

Property Description

Strong Rent Upside: Current average rent of $1,115/unit vs. projected market rent of $1,340/unit, offering immediate growth potential. Growing NOI & Cap Rate: Net Operating Income rises from $46.4K (Year 1) to $50.8K (Year 7), with cap rate increasing from 7.74% to 8.46%. Property Features: Four-story building with five 1-bedroom units, large bedrooms, hardwood floorings, granite countertops, white shaker style cabinet, private baths, and AC/heating. Prime Location: Northwest Baltimore (Liberty Square/Mondawmin) near major hospitals, universities, retail corridors, and Druid Hill Park. Excellent Accessibility: High Walk Score® (79) and Transit Score® (72), with nearby Metro, bus routes, and I-83 access.

Additional Information

Subdivision
Liberty Square
Taxes
$1536
School District
Baltimore City Public Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Midfield Realty. Contact: 4104985408