$474,900

Turnkey Income-Producing Triplex | Renovated 2022 | $4,325 Monthly Rent + Garage Income Strong investment opportunity for an investor seeking an established, income-producing multifamily property with recent renovations and multiple revenue streams. This well-maintained triplex was renovated in spring 2022 and features three private 1-bedroom apartments, one on each level.… Read More The units are rarely vacant, and current monthly apartment rents total $4,325, with existing leases conveying to the buyer. The detached 2-car garage is also rented, providing an additional source of income. Each unit offers a functional layout with a true bedroom and separate living room, along with a full kitchen featuring granite countertops, stainless-steel appliances, refrigerators with ice makers and water dispensers, and garbage disposals. All units have LVP throughout for ease of maintenance. Updated full bathrooms include tiled floors, modern fixtures, and updated vanities. All three levels receive excellent natural light, including the lower level. Additional income-producing amenities include a vending washer and dryer in the lower-level common area. The property also offers a fenced backyard, detached 2-car garage, and easy street parking. This investment property has been owner-operated by a seasoned Realtor and a successful builder since 2021. Units have been well marketed for solid rents and long-term tenants. Good systems are in place for good communication with the tenants and rent collection. The renovation was well thought out regarding easy maintenance, space planning, and filling an area void 1 bedroom units. Rents have room for increase and currently include utilities. The 2022 renovation and clean, well-maintained condition provide an opportunity to acquire a turnkey multifamily asset with established rental income and limited immediate renovation needs. Convenient access to I-695, I-95, and I-895, Johns Hopkins, Amazon, the Port of Baltimore, and Tradepoint Atlantic makes the property well-positioned for rental demand. Key Investment Highlights: - 3-unit multifamily property - Three private 1-bedroom apartments - Renovated spring 2022 - Current apartment rents: $4,325/month - Detached 2-car garage with additional rental income - Leases convey - Rarely vacant - Tenant laundry income/amenity - Separate living rooms and full kitchens - Updated kitchens and bathrooms - Fenced backyard - Easy street parking - Convenient access to major transportation corridors, employment centers, and Port/Tradepoint Atlantic Read Less

Courtesy of Suzie N Coronel, Cummings & Co. Realtors 410-823-0033

Listing Snapshot

Days Online

Last Updated

Sep 30, 2026

Property Type

Triplex

Square Ft.

1,738

Lot Size

0.08 Acres

Year Built

1944

MLS Number

MDBC2176422

Additional Details

Property Access

Road Responsibility: City/County, Road Surface: Alley, Black Top

Appliances & Equipment

Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator

Basement

Fully Finished, Sump Pump, Walkout Stairs, Windows

Building

Built in 1944, Built in 2022 (effective), Living area: 1738, Construction Materials: Brick

Cooling

Ceiling Fan(s), Central A/C

Accessibility Features

None

Exterior Features

Patio/Porch Features: Porch(es)

Floors

Luxury Vinyl Plank

Foundation

Slab

Garage

2 spaces

Heating

Forced Air

Income

Apartment Rentals

Interior Features

Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Pantry

Lot

0.08 acres

Owner Pays

Electricity, Gas, Lawn/Shrub Care, Pest Control, Sewer, Taxes - Real Estate, Trash Collection, Water

Property

Very Good, Other structures: Above Grade, Below Grade

Sewer

Public Sewer

Taxes

Annual Amount: $2,280, Lot: 30, Year: 2026, Zoning: DR5.5

Utilities

Water Source: Public

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