731 Reservoir St, Baltimore, MD 21217

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List Price
$752,500
MLS#
MDBA2236044
Year Built
1905
Status
ACTIVE
Type
Multifamily
Living Area
4,236
County
Baltimore City

Property Description

**RARE 3-UNIT INVESTMENT OPPORTUNITY IN HISTORIC RESERVOIR HILL!** Discover the perfect blend of historic Baltimore charm, modern convenience, and income-producing potential at 731 Reservoir Street! This spacious end-unit property features three generously sized residences, soaring ceilings, exposed brick accents, and an abundance of natural light throughout. The thoughtfully configured property includes **two 2-bedroom, 1-bathroom units and an expansive 5-bedroom, 2.5-bathroom unit**, offering a combined 9 bedrooms and 4.5 bathrooms. Each residence features its own washer and dryer, providing everyday convenience and added appeal to tenants. **Two units are currently tenant-occupied, generating a combined $3,050 in monthly rental income ($36,600 annually), while the impressive 5-bedroom unit is vacant and ready for its next occupant!** Whether you're an investor seeking additional rental income or a buyer looking to occupy the largest unit while collecting rent from the other two, this property offers outstanding flexibility and opportunity. Situated in the sought-after Reservoir Hill neighborhood, this property places you just minutes from Druid Hill Park, MICA, Penn Station, downtown Baltimore, and major commuter routes. Enjoy the charm of an established historic community with convenient access to some of Baltimore's most popular destinations. **Three units. Nine bedrooms. Existing rental income. Endless possibilities.** Opportunities like this don't come along every day. Schedule your private showing and explore everything 731 Reservoir Street has to offer!

Additional Information

Other Structures
Above Grade, Below Grade
Style
Traditional
Basement
Finished, Improved, Exterior Entry, Heated, Interior Entry, Exterior Entry, Sump Pump, Walkout, Windows, Water Proofing System, Daylight, Partial, Connecting Stairway
Cooling
Other, Central Air
Heating
Central
Water
Public
Possession
Immediate
Days on Market
2
Acres
0.06
Ownership
Ground Rent

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Capital Properties. Contact: