Change Real Estate Presents:

2420 Greenmount Avenue
Baltimore MD 21218

For Sale: $230,000.00 Active

List Date: 2026-01-09

Baltimore
4,356 land ft2

About This Property

Great opportunity to purchase a mixed-use building in the desirable Barclay neighborhood of Baltimore City. This 4-unit property consists of 3 residential units and 1 commercial unit and offers strong value-add potential. Two units are currently rented, generating a Gross Annual Base Rent of $17,220, with a Potential Gross Annual Base Rent of $55,200 when fully occupied at market rents. Unit 1 is a main-level residential unit featuring 1 bedroom, 1 bathroom, bonus room, living area, and kitchen, with access to the backyard. Scheduled rent is $850/month, and per seller, the tenant is current. Unit 2 is an upper-level residential unit. Unit 3 is a commercial barber shop on the main level with open space and a half bath, rented at $585/month, with a long-term tenant in place for approximately 20 years (per seller). Unit 4 is an upper-level residential unit with 1 bedroom, 1 bathroom, living area, dining area, and kitchen, currently vacant. The unfinished lower level provides ample storage and houses a gas hot water heater, gas meter, 5 electric meters, and 3 electric panels. All tenants pay their own BGE, and each unit has baseboard heat (per seller). Property is Limited Lead Free and zoned C-1. Expenses: Owner pays water, insurance, property taxes, and repairs as needed. Ideal opportunity for investors or owner-occupants seeking cash flow with significant upside.

Listing Agent: Gavriel Khoshkheraman. Pickwick Realty 443-764-3056 gabe@gkhomes.co

Property Features

Location Information
County:
Subdivision: None
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: None
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 Gavriel Khoshkheraman. Pickwick Realty 443-764-3056 gabe@gkhomes.co

Property Photos [Click to enlarge]

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