Seller's Agent in 2025
Kyle Shay
Compass
(410) 952-8640
1 in this area
59 Total Sales
2128 Fleet St Baltimore, MD 21231
Canton Neighborhood
--
Bed
--
Bath
2,838
Sq Ft
2,100
Sq Ft Lot
Highlights
- City View
- Corner Lot
- Oversized Parking
- Federal Architecture
- 2 Car Attached Garage
- Ceiling height of 9 feet or more
About This Home
As of August 2025This well-maintained three-unit property in Canton presents a compelling investment opportunity in one of Baltimore’s most established rental markets. With 2,838 square feet of above-grade living space and two large garages, the property offers multiple income streams and long-term growth potential. . | |
The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | |
The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | |
This property boasts a strong rental history, providing 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. | |
Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,859
Year Built
- Built in 1920
Lot Details
- 2,100 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Triplex
- Federal Architecture
- Brick Exterior Construction
- Block Foundation
- Composition Roof
Interior Spaces
- 2,838 Sq Ft Home
- Ceiling height of 9 feet or more
- City Views
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for real estate taxes
- Tax Lot 008
- Assessor Parcel Number 0301041784 008
Community Details
Overview
- 3 Units
- 2-Story Building
- Canton Subdivision
Building Details
- Income includes apartment rentals, parking
- Gross Income $68,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
Aug 14, 2025
Sold by
Phippen Adam and Bonanno Frank Vincent
Bought by
Kaba Daouda and Kaba Kanigbe
Seller's Agent
Kyle Shay
Compass
Buyer's Agent
Leif Colon
Smart Realty, LLC
List Price
$680,700
Sold Price
$680,000
Premium/Discount to List
-$700
-0.1%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.40%
Original Mortgage
$646,000
Outstanding Balance
$646,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$49,018
Purchase Details
Closed on
Aug 24, 2005
Sold by
Savader Louis
Bought by
Phippen Adam
Purchase Details
Closed on
Aug 9, 2005
Sold by
Savader Louis
Bought by
Phippen Adam
Purchase Details
Closed on
Apr 17, 2003
Sold by
Spyridakos George S
Bought by
Savader Louis and Savader Nita E
Purchase Details
Closed on
May 4, 1990
Sold by
Spyridakos George S
Bought by
Spyridakos George S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $680,000 | Kensington Realty Title | |
| Deed | $680,000 | Kensington Realty Title | |
| Deed | $545,000 | -- | |
| Deed | $545,000 | -- | |
| Deed | $230,000 | -- | |
| Deed | $22,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $646,000 | New Conventional | |
| Closed | $646,000 | New Conventional | |
| Previous Owner | $384,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $680,000 | -0.1% | $240 / Sq Ft |
| 08/02/2025 08/02/25 | For Sale | $680,700 | 0.0% | $240 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 05/17/2025 05/17/25 | Price Changed | $680,700 | -0.4% | $240 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $683,550 | -2.2% | $241 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $699,000 | -- | $246 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| 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 | $12,798 | $560,333 | -- | -- |
| 2024 | $12,798 | $544,867 | $0 | $0 |
| 2023 | $12,434 | $529,400 | $90,000 | $439,400 |
| 2022 | $12,158 | $515,167 | $0 | $0 |
| 2021 | $11,822 | $500,933 | $0 | $0 |
| 2020 | $11,486 | $486,700 | $90,000 | $396,700 |
| 2019 | $11,078 | $471,633 | $0 | $0 |
| 2018 | $10,775 | $456,567 | $0 | $0 |
| 2017 | $10,419 | $441,500 | $0 | $0 |
| 2016 | $11,154 | $440,333 | $0 | $0 |
| 2015 | $11,154 | $439,167 | $0 | $0 |
| 2014 | $11,154 | $438,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Shay
-
Leif Colon
Buyer's Agent in 2025
Leif Colon
Smart Realty, LLC
(571) 839-4455
1 in this area
88 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2162116
APN: 1784-008
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