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Listed price in listed location currency (USD).
$1,200,000

040

MLS® MDBA2218222

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $6,489
Days Active 0
Lot Size 
Approx. Age 1920
MLS® Number MDBA2218222

Property Address: 3211 Batavia Ave, Baltimore, MD, 21214-2608

Average square foot calculated using Size range provided by listing agent.

Description

$8, 603 Monthly NOI with Tenant in Place Through August 2030! Rare opportunity to acquire a renovated income-producing property with a long-term lease already in place. The current tenant is secured through August 31, 2030, providing immediate cash flow and operational continuity from day one. Unlike many residential investments, the tenant is responsible for utilities, maintenance, and replacement of major building systems, including HVAC and water heating equipment. This structure reduces owner involvement, limits capital expenditure exposure, and creates a more passive ownership experience than typical residential rental property. Renovated in 2024, the 3, 805-square-foot building is configured across nine bedrooms and features durable finishes designed for high-occupancy use. Improvements include a modern kitchen with granite and laminate countertops, wood cabinetry, multiple refrigerators, gas cooking, updated baths, laminate flooring, chairlifts, an ADA-accessible entry ramp, and a full sprinkler system. Mechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted heat pump with independent thermostat, a 50-gallon electric water heater, and updated C-PVC and PVC plumbing. Located in the owner-occupied Hamilton-Waltherson neighborhood, just off Harford Road, the property offers convenient access to I-95, I-695, Downtown Baltimore, and numerous employment centers throughout the region. Investment Summary • $1, 200, 000 Purchase Price • $103, 237 Current NOI • $8, 603 Monthly NOI • 8.60% Cap Rate •9.5% Projected Cash-on-Cash Return • Tenant in Place Through 8/31/2030
MLS® NumberMDBA2218222
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
3211 Batavia Ave, Baltimore, MD

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