2644 FREDERICK AVENUE, BALTIMORE, MD 21223

  • Active

 $99,900

  • 2 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,101 Sq.Ft.
  • Condo/Townhouse
  • Active
  • MLS# MDBA2225378
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

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 monthwho just seamlessly renewed their lease for a third consecutive year in July 2026this 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!

Property Details

General

  • Subdivision: NONE AVAILABLE
  • County: BALTIMORE CITY-MD
  • Style: Other
  • Acreage: 0.02
  • Beds: 2
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Year Built: 1900
  • Sq. Ft.: 1,101
  • Lot Size: 0.020000

Financial Considerations

  • Tax Amount: $1,298
  • Tax Year: 2025

Activity

  • Days On Market: 25
  • List Date: 10/12/2026
 

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