2304 Tioga Pkwy, Baltimore, MD 21215
- $470,000
- List Price
- $470,000
- MLS#
- MDBA2226244
- Year Built
- 1920
- Status
- ACTIVE
- Type
- Multifamily
- County
- Baltimore City
- Subdivision
- Liberty Square
Property Description
Strong Rent Upside: Current average rent of $1,115/unit vs. projected market rent of $1,340/unit, offering immediate growth potential. Growing NOI & Cap Rate: Net Operating Income rises from $46.4K (Year 1) to $50.8K (Year 7), with cap rate increasing from 7.74% to 8.46%. Property Features: Four-story building with five 1-bedroom units, large bedrooms, hardwood floorings, granite countertops, white shaker style cabinet, private baths, and AC/heating. Prime Location: Northwest Baltimore (Liberty Square/Mondawmin) near major hospitals, universities, retail corridors, and Druid Hill Park. Excellent Accessibility: High Walk Score® (79) and Transit Score® (72), with nearby Metro, bus routes, and I-83 access.
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Structure List
- Above Grade, Below Grade
- Style
- Other
- 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
- 0-30 Days CD
- Days on Market
- 40
- Ownership
- Other
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Listing courtesy of Midfield Realty. Contact: 4104985408