717 Newington Avenue, Baltimore, MD 21217
- $445,000
- 2,765
- SqFt
- Sold Price
- $445,000
- List Price
- $445,000
- Closing Date
- Apr 15, 2026
- MLS#
- MDBA2200058
- Year Built
- 1905
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 2,765
- Total SqFt
- 2765
- County
- Baltimore City
- Subdivision
- Reservoir Hill
Property Description
Exceptional investment opportunity: Three well-maintained, separate units in a brick multifamily building. Offering a total of 5 bedrooms, 4 bathrooms, and 3,740 square feet in charming Reservoir Hill. The building features three separately leased units with stable rental histories, all registered with Baltimore City and lead-certified. All tenants are on 12-month leases and pay their own gas, electric, cable, and internet, with water paid by the owner due to non-separately metered service (water subsidy currently reimbursed by two of the three units). A BGE public service account covers common area lighting.Each unit offers functional layouts with updated finishes, hardwood flooring throughout, and is equipped with a stove, refrigerator, microwave, dishwasher, and in-unit washer and dryer, providing convenience and modern appeal for tenants.Unit 1 is a 2 bedroom, 1 bath, 1,000 square feet residence, includes a water subsidy. Unit 2 is a 2 bedroom, 2 bath, 1,200 square feet residence, currently vacant.Unit 3 is a 1 bedroom, 1 bath, 538 square feet residence, currently rented with water subsidy.The property includes a rear parking pad available to tenants in addition to street parking. A full rent roll and income statement are available, and the property has been professionally managed by Bay Management Group since early 2024. Additional highlights include strong rental demand in the area, an upcoming value-add opportunity with Unit 2’s turnover, and stabilized occupancy across the remaining units.
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Additional Information
- Elementary School
- Call School Board
- Middle School
- Call School Board
- High School
- Call School Board
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Style
- Colonial
- Interior Features
- Ceiling Fan(s), Kitchen - Eat-In, Wood Floors
- Cooling Fuel
- Electric
- Cooling
- Central A/C
- Heating Fuel
- Natural Gas
- Heating
- Forced Air
- Hot Water
- Natural Gas
- Sewer Septic
- Public Sewer
- Water
- Public
- Tax Year
- 2025
- Possession
- Negotiable, Settlement
- Days on Market
- 12
- Parking
- Concrete Driveway, Paved Parking, Private
- Ownership
- Fee Simple