2644 Frederick Ave, Baltimore, MD 21223
- $99,900
- 2
- BD
- 2
- BA
- 910
- SqFt
- List Price
- $99,900
- MLS#
- MDBA2225378
- Year Built
- 1900
- Status
- ACTIVE
- Type
- Townhome
- Bedrooms
- 2
- Baths All
- 2
- Baths Full
- 2
- Living Area
- 910
- County
- Baltimore City
- Subdivision
- None Available
Property Description
Add an immediate, hassle-free income generator to your portfolio with this fully stabilized 2-bedroom, 1.5-bathroom property priced to sell. Boasting an incredible 15.8%+ gross rental yield and a low Gross Rent Multiplier of just 7.58, this asset delivers powerful, immediate cash flow right out of the gate. Featuring a reliable Section 8 tenant currently paying $1,317 per month—who just seamlessly renewed their lease for a third consecutive year in July 2026—this property offers guaranteed, government-backed rental income with zero startup vacancy lag. Best of all, a professional property management company is already in place, making this a truly turnkey, hands-off investment for local or out-of-state portfolio builders. Skip the rehab timelines and tenant placement hassles. Capitalize on strong returns and proven stability from day one. Schedule your showing today!
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Additional Information
- Other Structures
- Above Grade, Below Grade
- Style
- Other
- Basement
- Other
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Forced Air
- Water
- Public
- Possession
- Negotiable
- Days on Market
- 23
- Acres
- 0.02
- Ownership
- Fee Simple