USAMDBaltimoreMorell Park2305 Herkimer St
2305 Herkimer St | Image 1
New

$1,430,000

4 days ago

2305 Herkimer St, Baltimore, MD

2 Bed

1 Bath

816 sqft

--

MLS® MDBA2199888

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential
Size 816 sqft
Garage No
HOA Fees 
Taxes $1,614
Days Active 3
Approx. Age 1895
Avg. Price Per Sqft $1,752
MLS® Number MDBA2199888

Property Address: 2305 Herkimer St, BALTIMORE, MD, 21230-1312

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

Description

**11 SFR Portfolio in Baltimore / 130, 000 per property** This 11 Single Family Baltimore portfolio generates $176, 252 annually, with a pro forma of $219, 840 at market rents. Year 1 NOI is $131, 904, growing to $152, 822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential. The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128, 000+ residents), the properties are near Johns Hopkins University (30, 000+ students), University of Maryland, Baltimore (6, 900 students, 8, 000+ staff), and major employers like Johns Hopkins Hospital (30, 000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
MLS® NumberMDBA2199888
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1895
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,430,000List Price
  • Commute

Commute

Starting Address
Destination Address
2305 Herkimer St, BALTIMORE, MD

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