This property is part of a portfolio sale consisting of 11 single-family rental homes across Baltimore City, Baltimore County, and Anne Arundel County. 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… Read More 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 302033; 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. Read Less
Courtesy of Will Cannon, Ben Frederick Realty, Inc. [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residential
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,364
Lot Size
0.22 Acres
Year Built
1955
MLS Number
MDBC2139222
30 Days Snapshot Of 21207
$323k
-7%
(avg) sold price
30
-25%
homes sold
24
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Partially Finished, Interior Access
Building
1,364 sqft living area, 864 sqft above grade (finished), 500 sqft below grade (finished), 364 sqft below grade (unfinished), Built in 1955, Structure Type: Detached, 2 levels, Ranch/Rambler, Frame
Cooling
Central Air, Electric, Central A/C
Foundation
Concrete Perimeter
Heating
Natural Gas, Forced Air
Lot
9,400 sqft, Lot Size Dimensions: 1.00 x, 0.22 acres
Property
Other Structures: Above Grade, Below Grade
Roof
Asphalt
Sewer
Public Sewer
Taxes
County Tax: $2,102, County Tax Pymnt Freq: Annually, Tax Annual Amount: $2,102, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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