Turnkey Multi-Family Investment Opportunity - Currently Grossing $3,000/Month! Fully Occupied. Don't miss this exceptional income-producing opportunity at 2920 Parkwood Ave., Baltimore, MD 21217. Located in the rapidly revitalizing Druid Heights neighborhood, this legally zoned 3-unit brick multi-family property is a turnkey investment with strong cash-flow potential. Whether you're looking to… Read More expand your rental portfolio, live in one unit while renting the others, or capitalize on Baltimore's growing rental market, this property checks all the boxes. The property features three separately configured units, including a cozy efficiency with a full bath, plus two spacious 1-bedroom, 1-bath apartments. With projected gross rental income of over $3,000 per month, this property offers immediate income potential and an attractive return for both seasoned and first-time investors. Additional highlights include a large unfinished basement offering abundant storage or future value-add possibilities, a private fenced backyard, and alley access with off-street parking - a highly desirable feature for tenants in the city. Perfectly positioned just minutes from Druid Hill Park, tenants will enjoy walking access to the Maryland Zoo, Howard P. Rawlings Conservatory & Botanic Gardens, and the scenic Druid Hill Reservoir. Convenient access to public transportation, major commuter routes, downtown Baltimore, universities, hospitals, and neighborhood amenities further enhances the property's long-term rental appeal. With strong income potential, a desirable location, and room for future appreciation, 2920 Parkwood Ave. is a rare opportunity to acquire a cash-flowing, turnkey multi-family asset in one of Baltimore's emerging investment corridors. Schedule your showing today and add this high-performing property to your portfolio before it's gone! Read Less
Courtesy of Sanford Booth II, Keller Williams Capital Properties 202-243-7700
Listing Snapshot
Days Online
67
Last Updated
Property Type
Triplex
Square Ft.
2,505
Lot Size
0.04 Acres
Year Built
1920
MLS Number
MDBA2220346
Additional Details
Building
Built in 1920, Built in 2022 (effective), Living area: 2505, 4 stories, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Floors
Engineered Wood
Foundation
Crawl Space
Heating
90% Forced Air
Income
Gross Income: $3,000
Lot
0.04 acres
Property
Very Good, Good, Other structures: Above Grade, Below Grade
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