$250,000

2029 W NORTH AVE, Baltimore, MD 21217

  • 6 beds |
  • 3 baths
  • Property Icon Town Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 hours ago

Property Description

Income-Producing Opportunity in the Up-and-Coming Coppin Area! This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year. Transitional Housing History: The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use. Property Highlights: 6 Bedrooms – Ample space for residents or program rooms. 2.5 Bathrooms – Convenient for shared living arrangements. Recent Updates – Alarms, fire escape, and windows upgraded in the recent past. Additional Features: Outdoor space with backyard and fire escape. Accessibility features to accommodate diverse needs. Ideal For: Buy-and-hold investors seeking immediate cash flow. Operators seeking housing layouts suited for group living or program needs. A rare opportunity to acquire a property with a proven rental track record, recent code-compliant upgrades, and the potential to significantly boost income!

Listing Status:
Active
Date Added:
August 6, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 4108232323
Listing Agent:
Camille Jaia Scott : 2158688402
MLS ID:
MDBA2176716
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Camille Jaia Scott, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Matthew A. Henson Elementary School

1600 N Payson St, Baltimore, MD, 21217

Grades PK-5

0.17 miles away

W

William S. Baer School

2001 N Warwick Ave, Baltimore, MD, 21216

Grades PK-12

0.33 miles away

W

William S. Baer School

2001 N Warwick Ave, Baltimore, MD, 21216

Grades PK-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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