Seller's Agent in 2025
Marty Saunders
Advance Realty, Inc.
(443) 271-4100
79 Total Sales
Estimated Value: $536,000 - $553,258
Exceptional multi-unit investment opportunity in the highly desirable Federal Hill neighborhood, minutes from Inner Harbor, Locust Point, and Baltimore’s vibrant waterfront attractions. This versatile property offers two separately metered units with the potential for a third income-producing unit (or garage conversion), pending zoning petition approval.(BUYER TO VERIFY ZONING) Property Configuration: Unit 1 – Main Level (1BR / 1BA)
• Open-concept living and dining area
• kitchen with gas range, refrigerator, and dishwasher
• Full bathroom
• In-unit laundry Unit 2 – Upper Levels (3BR / 3BA)
• Spacious two-level layout
• Granite-appointed kitchen
• Open living and dining areas
• Bonus room with laundry
• Primary suite with walk-in closet and jetted tub Potential Unit 3 – Rear Entry (Two-Level 1BR / 1BA)
• Private alley access
• Ideal for an additional rental unit or garage conversion
• Flexible configuration for investor strategy Property Highlights:
• Three meters located in the basement
• Hardwood floors and ceramic tile • Exposed brick accents
• Tall ceilings and modern updates throughout Important Zoning Note:
The townhome was previously zoned for three residential units. Baltimore City has confirmed that no permit is required, but a zoning petition must be filed to reinstate the 3-unit zoning . (BUYER TO VERIFY ALL INFORMATION) With strong rental income potential, a prime South Baltimore location, and flexible unit configurations, this property offers outstanding upside for investors seeking stable cash flow and long-term appreciation. NOTE TOTAL SQUARE FOOT IS 3460 SQFT WITH A TOTAL OF 6 BEDROOMS AND 5 BATHROOMS
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2025 12/13/25 | For Sale | $550,000 | -- | $280 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,375 | $267,800 | -- | -- |
| 2024 | $4,375 | $259,700 | -- | -- |
| 2023 | $5,532 | $251,600 | $110,000 | $141,600 |
| 2022 | $5,938 | $251,600 | $110,000 | $141,600 |
| 2021 | $5,938 | $251,600 | $110,000 | $141,600 |
| 2020 | $3,788 | $252,400 | $110,000 | $142,400 |
| 2019 | $3,619 | $252,400 | $110,000 | $142,400 |
| 2018 | $3,540 | $252,400 | $110,000 | $142,400 |
| 2017 | $3,447 | $252,400 | $0 | $0 |
| 2016 | $485 | $250,733 | $0 | $0 |
| 2015 | $485 | $249,067 | $0 | $0 |
| 2014 | $485 | $247,400 | $0 | $0 |
Seller's Agent in 2025
Marty Saunders
Advance Realty, Inc.
(443) 271-4100
79 Total Sales
Ask me questions while you tour the home.