313 N Ellwood Avenue, Baltimore, MD 21224

$155,500
3
BD
2
BA
1,040
SqFt

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Sold Price
$155,500
List Price
$159,900
Closing Date
Aug 20, 2025
MLS#
MDBA2173736
Year Built
1920
Status
CLOSED
Type
Townhome
Bedrooms
3
Baths All
2
Baths Full
2
Living Area
1,040
Total SqFt
1040
County
Baltimore City
Subdivision
Ellwood Park

Property Description

🏠 Investment Opportunity in Prime Location – 313 N Ellwood Ave, Baltimore, MD Welcome to this spacious 3-bedroom, 2-bathroom townhouse located just minutes from Downtown Baltimore! This tenant-occupied property offers reliable rental income and great potential for added cash flow. The home underwent a total renovation in 2013, which included updated electrical, plumbing, HVAC systems, and the installation of beautiful hardwood floors throughout—ensuring peace of mind for years to come. The main level features a comfortable layout with 3 bedrooms and 1 full bathroom. The current tenants have been living in the home for over 5 years and are paying $1,100/month, providing immediate rental stability. Downstairs, you'll find a fully finished basement apartment with its own private entrance, 1 bedroom, 1 full bathroom, and a full kitchen—perfect for a separate rental unit or in-law suite. This space offers an excellent opportunity to increase your income by renting it separately. Located near public transportation, shops, restaurants, and just minutes from downtown, this property is ideal for investors looking for a turnkey rental with long-term tenants and income-producing potential. Don’t miss out on this cash-flow opportunity—schedule your showing today!

Additional Information

Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Style
Other
Basement
Yes
Cooling Fuel
Electric
Cooling
Central A/C
Heating Fuel
Natural Gas
Heating
Radiator
Hot Water
Natural Gas
Sewer Septic
Public Septic
Water
Public
Tax Year
2024
Possession
Immediate
Days on Market
26
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Gateway LLC. Contact:

Selling Office: .