1340 N Mount St, Baltimore, MD 21217
- $475,000
- 2,800
- SqFt
- List Price
- $475,000
- MLS#
- MDBA2232032
- Year Built
- 1900
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,800
- County
- Baltimore City
Property Description
INVESTOR OPPORTUNITY! FULLY RENOVATED, FULLY OCCUPIED TRIPLEX! 1340 N. Mount Street offers an excellent opportunity to acquire a stabilized three-unit multifamily property. The property features two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all currently occupied and generating rental income. Lower Unit – 2 BR/1BA, rented at $1,450 per month; Middle Unit - 2BR/1BA rented at $1,450 per month; Upper Unit 3BR/1BA, renting at $1,600 per month.The property underwent a comprehensive renovation in 2025, including new roof, new electrical, new plumbing and HVAC systems, and each unit features its own washer and dryer. Tenants are responsible for their own utilities, helping minimize owner operating expenses. Professional property management is currently in place. The property offers investors immediate rental income, updated major systems, established occupancy and an attractive opportunity to add a renovated multifamily asset to an existing portfolio. Located in an area with convenient access to major roads, shopping, dining, and public transportation. Bring your investors—this is a rare opportunity to acquire a renovated, fully occupied multifamily property with immediate rental income and strong investment fundamentals.
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Additional Information
- Other Structures
- Above Grade
- Style
- A-Frame
- Interior Features
- Dining Combo
- Basement
- Daylight, Partial
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Possession
- Immediate
- Days on Market
- 24
- Acres
- 0.04
- Ownership
- Fee Simple