4640 Marble Hall Rd, Baltimore, MD 21239

$229,000
3
BD
2
BA
1,520
SqFt

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List Price
$229,000
Status
ACTIVE
MLS#
MDBA2224930
Subtype
Residential
Style
Colonial
Year Built
1944
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,520
Subdivision
None Available

Property Description

Turnkey Investment — 10.3% Gross Yield / 8.95% Cap Rate, Occupied, Zero Work Required 3BR/1BA rowhome in a stable rental pocket, fully occupied with a paying tenant already in place. Lease runs through 10/31/26 at $1,959/month ($23,508/year), tenant-paid utilities — that's a 10.3% gross yield and a confirmed 8.95% cap rate at the $229,000 list price, with income starting day one and no vacancy gap. Updated kitchen with granite counters, updated flooring throughout. Finished lower level offers legal 4th-bedroom conversion potential for a rent bump at next turnover. Large rear yard adds tenant appeal and retention value. Well-maintained unit, responsive tenant history, low-turnover rental corridor. Priced for investors who want income now and upside later — not a renovation project, not a flip.

Additional Information

Taxes
$2,048
Property Description
Colonial
Zoning
R-5
Heating
Forced Air
Air Conditioning
Central Air
Levels
Three Or More
Foundation
Brick/Mortar
School District
Baltimore City Public Schools

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Listing courtesy of Cummings & Co. Realtors. Contact: