Property

Baltimore, MD 21202 217 E Preston Street

$995,000

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Presented By: Ben Frederick Realty, Inc.
  • MLS# MDBA2176238
  • 07/17/2025
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  • Beds • 2

Home Details

Owner Occupant Opportunity! Purchase this property with 20% down, live in your 5-bedroom, 2-bathroom, 3-story house for free, and collect enough rents to pay your entire mortgage. If you can only put 5% down, then you would pay only $1,500/month to own and live in this property. Contact us for cash flow details. Owning 217 and 219 East Preston Street offers an owner to live in a renovated three-story, five-bedroom home while having a terrace level apartment to rent out or let a family friend or family member live in. Next door, is another five-bedroom home plus a one-bedroom, terrace level apartment. The five-bedroom 217 E Preston townhome has been renovated and updated, with new kitchen with stainless steel appliances, hardwood floors that are in great shape, and two updated bathrooms, creating a really nice home in which to live. For investors, this purchase means owning 2 rentable five-bedroom townhomes next to e ach other and two one-bedroom terrace apartments.
Presented By: Ben Frederick Realty, Inc.

Interior Features for 217 E Preston Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 217 E Preston Street

AccessibilityNone
Architectural StyleConverted Dwelling
Cap Rate8.57
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyBALTIMORE CITY
DirectionsGPS
DisclosuresLead Based Paint - State, Prop Disclaimer
ExclusionsTenant's possessions excluded
Garage Y/NNo
HeatingBaseboard - Hot Water, Radiator, Forced Air
Home Warranty Y/NNo
Legal SubdivisionWard 11
Living Area5500
Lot Size Square Feet3000.00
Lot Size UnitsSquare Feet
MunicipalityBaltimore City
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
OwnershipGround Rent
PossessionSettlement, Subject to Existing Lease
Price Per Sq Ft Total AG180.91
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofRubber
School DistrictBALTIMORE CITY PUBLIC SCHOOLS
Section01
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount10564.0
Tax Assessed Value455300.0
Tax Lot022
Tax Year2024
Total Actual Rent4909.00
Total SQFT5500
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningOR-2

Exterior for 217 E Preston Street

Foundation DetailsBlock
Inclusions4 ranges, 4 refrigerators, 2 dishwashers, 2 built in microwaves
Land Assessed Value165000.00
Land Use CodeM
Lot Dimensions20' x 100'
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Off Street - # of Spaces4
PoolNo Pool
Total Parking Spaces4
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $995,000
MLS#MDBA2176238
List Date 07/17/2025
Property Type Multi-Family
Phone 703.929.4729
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+1-703-929-4729

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