Converted Dwelling

217 E PRESTON STREET

BALTIMORE , MD 21202

MLS#: MDBA2176238

$1,100,000

Status: Active
Listing number: MDBA2176238
Listing provided by: Ben Frederick Realty, Inc.
Listing agent phone: None
Last update: 6 days ago
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Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

5,500

Live in One, Rent the Rest: Spacious 5-Bedroom Home + 3 Rental Units in Mount Vernon 217–219 E Preston Street offers a rare opportunity to live in a newly renovated, three-story five-bedroom home while generating rental income from three additional units. Located just two blocks from Penn Station in historic Mount Vernon, this property combines flexibility, size, and location—perfect for buyers seeking both a home and a smart financial investment. The vacant five-bedroom home at 217 E Preston features refinished hardwood floors, a brand-new stainless steel appliance suite, a custom ceramic tile backsplash, exposed brick accents, and two full bathrooms—one with a clawfoot tub, the other with a steel tub. Enjoy the convenience of in-unit laundry, central air, and both a walk-out rear porch and a private second-story porch. Next door, 219 E Preston offers a tenant-occupied five-bedroom layout with original tin ceilings, interior shutters, and similar historic details. Two terrace-level one-bedroom apartments provide additional income. One has in-unit laundry, and both are currently rented. Utilities are structured for affordability, with tenants reimbursing for water, gas, and electric based on lease terms. Each building has one gas meter and two electric meters, and the landlord has set up a simple allocation model that helps offset operating costs. Rear parking is available and may be leased for additional income. Enjoy walkable access to Amtrak and MARC service at Penn Station (ideal for commuting to D.C. or New York), the Peabody Institute, University of Baltimore, MICA, and Baltimore’s top cultural venues. Bike lanes, restaurants, and historic architecture make this a standout location for both living and investing. 217-219 East Preston Street are one legal lot; Block 0486, Lot 022.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5500.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Baseboard, Radiant

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Off Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Converted Dwelling

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    10564.0

  • Zoning

    Licensed for 4 Dwelling Units

  • Sq. Footage

    5, 500

  • Price/SqFt

    $200

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Sewer

    Public Sewer

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BALTIMORE CITY

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Listing Courtesy of Will A Cannon III , Ben Frederick Realty, Inc.

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Live in One, Rent the Rest: Spacious 5-Bedroom Home + 3 Rental Units in Mount Vernon 217–219 E Preston Street offers a rare opportunity to live in a newly renovated, three-story five-bedroom home while generating rental income from three additional units. Located just two blocks from Penn Station in historic Mount Vernon, this property combines flexibility, size, and location—perfect for buyers seeking both a home and a smart financial investment. The vacant five-bedroom home at 217 E Preston features refinished hardwood floors, a brand-new stainless steel appliance suite, a custom ceramic tile backsplash, exposed brick accents, and two full bathrooms—one with a clawfoot tub, the other with a steel tub. Enjoy the convenience of in-unit laundry, central air, and both a walk-out rear porch and a private second-story porch. Next door, 219 E Preston offers a tenant-occupied five-bedroom layout with original tin ceilings, interior shutters, and similar historic details. Two terrace-level one-bedroom apartments provide additional income. One has in-unit laundry, and both are currently rented. Utilities are structured for affordability, with tenants reimbursing for water, gas, and electric based on lease terms. Each building has one gas meter and two electric meters, and the landlord has set up a simple allocation model that helps offset operating costs. Rear parking is available and may be leased for additional income. Enjoy walkable access to Amtrak and MARC service at Penn Station (ideal for commuting to D.C. or New York), the Peabody Institute, University of Baltimore, MICA, and Baltimore’s top cultural venues. Bike lanes, restaurants, and historic architecture make this a standout location for both living and investing. 217-219 East Preston Street are one legal lot; Block 0486, Lot 022.

217 E PRESTON STREET

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