Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $470,000

  • Tax Amount

    $1,536

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    026

  • Water Source

    Public

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Location

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BALTIMORE CITY

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Listing Courtesy of Yaakov Kanevsky , Midfield Realty

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The property averages $1,115 per unit, well below the $1,340 market, creating clear rent upside. NOI is projected to grow from $46,418 in Year 1 to $50,756 by Year 7, with cap rates improving from 7.74% to 8.46%, supporting a strong value-add opportunity.

This four-story, five-unit apartment building spans  3,000 SF on a 7,842 SF R-6 lot (built 1920). Units feature large bedrooms, hardwood floors, granite countertops, shaker cabinets, private baths, and HVAC. Walk Score 79 and Transit Score 72 support consistent demand.

Located in Northwest Baltimore’s Liberty Square/Mondawmin area, the property is near major employers including Sinai Hospital ( 2.5 miles), University of Maryland Medical Center ( 4.5 miles), and Johns Hopkins ( 5.5 miles), along with Coppin State ( 0.8 miles) and other universities. It sits steps from Mondawmin Mall, Druid Hill Park, and the Metro, with strong access to bus routes and I-83.

2304 TIOGA PARKWAY

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