Property
Beds
3
Full Baths
1
1/2 Baths
1
Year Built
1955
Sq.Footage
1,364
This property is part of a portfolio sale consisting of 11 single-family rental homes across Baltimore City, Baltimore County, and Anne Arundel County. Alternately, make an offer on 6611 Windsor Mill individually or whichever properties within the portfolio you like. In addition to 6611 Windsor Mill, the portfolio includes: 3217 Orlando Avenue, 936 Foxcroft Lane, 4841 Bowland Avenue, 940 Saint Agnes Lane, 5223 Brookwood Road, 804 Armcliffe Road, 2241 Graythorn Road, 625 Delaware Avenue, 1930 Ewald Avenue, and 4012 Saint Augustine Lane. Ten of the eleven homes are currently leased, with subsidy programs covering approximately 61.5% of the total monthly rent. Interiors: This Baltimore subsidized rental portfolio includes 11 single-family homes—8 three-bedroom and 3 four-bedroom units—ranging from 1,024 to 1,857 square feet. Kitchens feature wood cabinetry throughout, with 9 homes upgraded to granite countertops and the remaining 2 with laminate. All kitchens include 30″ gas ranges; some are also equipped with built-in microwaves and dishwashers. Baths are updated with modern vanities and mostly feature ceramic tile tub surrounds, with just one unit having a shower stall with vinyl surround. Flooring includes a mix of vinyl plank, laminate, ceramic tile, and carpet. Walls are plaster or drywall; several basements feature suspended ceilings or wood paneling. Every home offers a private yard, and most include front porches. Vinyl replacement windows are installed throughout. Utilities: Each home is individually metered for gas and electric, with 100- or 200-amp electrical service. Ten homes are equipped with gas-fired furnaces and central air conditioning. Water heaters vary by property and are either gas or electric, typically 40-gallon capacity. In-unit washers and dryers are provided in all homes. Tenants are responsible for electric, gas, lawn care, and snow removal. In Baltimore County and Anne Arundel County, tenants pay water and sewer bills directly. At the two Baltimore City properties, the landlord pays for water and sewer and bills tenants back. What’s Special About This Baltimore Subsidized Rental Portfolio? Tenants are primarily program participants, with subsidy programs covering approximately 62% of the monthly rent, providing reliable cash flow backed by government sources. More than half of the portfolio is located in Essex and Dundalk, where investor demand remains strong due to stable, working-class tenant bases and consistent rental demand. Dundalk in particular is a well-established suburb ,offering easy access to I-695 and proximity to major employers such as the Amazon fulfillment center, the Maryland Transportation Authority, and Johns Hopkins Bayview Medical Center. The remaining homes are located in neighborhoods like Gwynn Oak, Middle River, and Hamilton—areas with continued high demand for affordable housing. This scattered-site portfolio blends consistent income with broad exposure to some of the region’s most active affordable housing corridors. $2,600,000; $236,364 Per Unit; $217 Per Sq. Ft.; 8.3 Market GRM, 9.49 Cap Rate and 12.4% Projected Cash-on-Cash Return.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
864.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch/Rambler
Price
-
Sales Price
$235,000
-
Tax Amount
2102.0
-
Sq. Footage
1, 364
-
Price/SqFt
$172
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
149A
-
Water Source
Public
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Location
County
BALTIMORE
Elementary School
Middle School
High School
Listing Courtesy of Will A Cannon III , Ben Frederick Realty, Inc.
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