This well-maintained, fully leased three-unit property in the heart of Canton offers a strong investment opportunity in one of Baltimores most desirable rental markets. With 2,838 square feet of above-grade living space and two spacious garages, it provides multiple income streams and long-term appreciation potential. The property generates an annual rental income of $64,750 with yearly expenses, including taxes, totaling $18,714, resulting in a net operating income of $46,036 and a cap rate of 6.6%. This property is fully leased with a strong rental history and delivers immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. Schedule your showing today.
Presented By: Compass
Interior Features for 2128 Fleet Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
Basement (Y/N)No
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2
General for 2128 Fleet Street
AccessibilityOther
Architectural StyleFederal
Association Recreation FeeN
Cap Rate6.75
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBALTIMORE CITY
DirectionsTraveling on Boston Street, turn right onto Fleet Street; 2128 Fleet will be on your left, at the intersection of Fleet and South Collington Avenue.
Garage Spaces2.00
Garage Y/NYes
Gross Income65700.00
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense1546.00
Lease TypeLong Term
Legal SubdivisionWard 1
Location TypeCorner Lot/Unit
Lot Size Square Feet2100.00
Lot Size UnitsSquare Feet
MaintenanceExpense4190.00
ModificationTimestamp2025-04-18T08:18:05
MunicipalityBaltimore City
Net Operating Income47716.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnerPaysTaxes - Real Estate
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG240.86
Property SubtypeTriplex
Property TypeMulti-Family
RoofComposite
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Section04
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameCANTON
Tax Annual Amount12859.0
Tax Assessed Value544867.0
Tax Lot008
Tax Year2024
Total Actual Rent65700.00
Total SQFT2838
Two Bedroom1
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningR-8
Exterior for 2128 Fleet Street
# of Attached Garage Spaces2
Exterior AmenitiesSidewalks
Foundation DetailsBlock
Garage FeaturesAdditional Storage Area, Garage Door Opener, Oversized
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.