Change Real Estate Presents:

2100-2102 Maryland Avenue
Baltimore MD 21218

For Sale: $1,800,000.00 Off Market

List Date: 2025-09-25

Baltimore

About This Property

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 Agent: Yaakov Kanevsky. Midfield Realty 410-324-6939 showings@midfieldre.com

Property Features

Location Information
County:
Subdivision: None
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Other
Heating: Other
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1900
Legal Subdivision: Ward 12
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Yaakov Kanevsky. Midfield Realty 410-324-6939 showings@midfieldre.com

Property Photos [Click to enlarge]

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