Baltimore, MD 21217,1404 MADISON AVE
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Baltimore, MD 21217,1404 MADISON AVE
Baltimore, MD 21217,1404 MADISON AVE
Baltimore, MD 21217,1404 MADISON AVE
Baltimore, MD 21217,1404 MADISON AVE
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Zach Milligan

Zach Milligan

+1(503) 200-8374
Listed by Laura-Lee Jones • Long & Foster Real Estate, Inc.
$ 699,900
Est. payment /mo
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Active

1404 MADISON AVE Baltimore, MD 21217

3,100 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDBA2192120

Year Built 1920

Annual Tax Amount $1,657

Tax Year 2025

Lot Size 3,100 Sqft

Acres 0.07

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 9.4%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Hardwood, Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Lot Description Rear Yard

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0314120378 002

Ownership Fee Simple

Security Features Smoke Detector

Special Listing Condition Standard

Bright MLS (BMLS)
Zach Milligan

Zach Milligan

Agent | License ID: 0225256692

+1(503) 200-8374

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1404 MADISON AVE