2100-2102 MARYLAND AVENUE

BALTIMORE, MD 21218

2100 Maryland Ave presents a high-yield, value-driven opportunity with current gross rental income of $71,640 (T-12) and significant upside to $247,156 in Year 1 once renovated vacancies are leased, supporting an 8.9% stabilized cap rate with 4% annual rent growth and a 7.5% vacancy assumption; NOI is projected to grow from $148,294 in Year 1 to $173,483 by Year 5 under controlled expenses. The 16-unit property (15 licensed plus 1 additional) offers a mix of studios, one-, two-, and a five-bedroom/two-bath unit, all with in-unit laundry, along with separate gas/electric meters, RUBS underway for water, central A/C, gas heating, and a finished basement with two units. Ideally located in Baltimore’s Charles North neighborhood (ZIP 21218), the property is steps from Johns Hopkins University, University of Baltimore, and University of Maryland institutions serving 140,000+ students, as well as Johns Hopkins Hospital, MedStar Union Memorial, and UM Medical Center Midtown, within a city workforce of 273,000; with a Transit Score of 76 and proximity to Penn Station, Mount Vernon, and the Baltimore Museum of Art, the property combines immediate cash flow, strong leasing potential, and walkable access to major employment and cultural hubs.

Listing courtesy of Midfield Realty



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