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2420 Greenmount Avenue

BALTIMORE, MD 21218
  • $265,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: MDBA2197276
New On Site 5 Days Ago
UPDATED: 27 min ago
$265,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents.Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current.Unit 2 is an upper-level residential unit.Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller).Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed.Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-15T12:54:50.843.
www.baltimorehousehunters.com/homes/171981625
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2420 Greenmount Avenue BALTIMORE, MD 21218

  • Price: $265,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 27 min ago
  • ID#: MDBA2197276
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1900
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents.Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current.Unit 2 is an upper-level residential unit.Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller).Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed.Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.
Exterior Features

Architectural Style Traditional Construction Materials Other Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating Other Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN No Cooling Fuel None Foundation Details Other Heating Fuel Other Hot Water Other Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 804425403212 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1416.00 Tax Lot 027 Total Actual Rent 17220.00 Vacation Rental YN No Water Source Public Zoning C-1

Listing courtesy of Pickwick Realty: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-15T12:54:50.843.
 
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The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117