2309 DRUID HILL AVE Baltimore, MD 21217
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,655 sqft
Price per Sqft $69
Subdivision Penn North
MLS Listing ID MDBA2231972
Style Traditional
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 3,655
Year Built 1900
Annual Tax Amount $4,611
Tax Year 2026
Lot Size 1,120 Sqft
Acres 0.03
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
2309 Druid Hill Ave., Baltimore, MD 21217 is a renovated two-unit investment property featuring a 1BR/1BA unit and a 2BR/1BA unit. One unit is currently rented, providing immediate rental income, while the second unit offers additional income potential.
At a $255,000 purchase price, the property has projected gross annual rental income of approximately $36,000, with an estimated NOI of $22,200 and an 8.7% stabilized cap rate, based on projected operating expenses.
Conveniently located near shopping, dining, entertainment, and everyday amenities, this property offers investors the opportunity to generate rental income, increase cash flow through full occupancy, and add a multi-unit property to their portfolio.
Don't miss this short-sale investment opportunity—schedule your showing today and explore the potential!
Financial figures are estimates for investment-analysis purposes and should be independently verified.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Programmable Thermostat
Cooling Ceiling Fan(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Foundation Block, Brick/Mortar
Above Ground Finished SqFt 3655
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0313073415 021
Ownership Fee Simple
SqFt Source 3655
Acceptable Financing Cash, Conventional, FHA, FHA 203(k), VA
Listing Terms Cash, Conventional, FHA, FHA 203(k), VA
Financing Cash,Conventional,FHA,FHA 203(k),VA
Special Listing Condition Short Sale
Nearby Locations
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