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Multi-Unit Townhouse in Baltimore

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Real Estate Agent with 410-935-5844 Office 634480

Multi-Unit Townhouse in Baltimore

Multi-unit townhouse --- 4 levels --- 3 units on month to month leases --- Main floor unit has 1 bedroom, 1 full bath, and access to the basement ground floor level; Rent: $1,100 --- Second floor unit has 1 bedroom and 1 full bath; Rent: $850 --- Third level has 2 bedrooms and 1 full bathroom; Owner occupied --- Basement is unfinished with access from the rear of the building or from the main level unit; Potential 4th unit --- House is in good condition --- With a few improvements the gross annual income could be $43,200, a gross return of over 12%.

1923 McCulloh Street, Baltimore, MD 21217

Price: $350,000

Ground Rent: $150 per year;  Capitalized: $2500

 

Contact Ron Trzcinski of Samson Properties

rontrzcinski.samsonproperties.net

 

Comments(6)

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George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Ron Trzcinski, 410-935-5844 congratulations on this listing, I hope the right Buyer comes along quickly.

Sep 13, 2026 03:28 PM
Kat Palmiotti
Kalispell, MT
Retired from real estate; active in life!

I wish you a smooth and speedy sale!

Sep 14, 2026 05:46 AM
Joan Cox, Retired Broker/Owner
Denver, CO
Enjoying Every Day to Its Fullest!

Ron, congrats on this townhouse for sale and hope you see offers soon.

Sep 14, 2026 10:49 AM
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

It sounds like a good investment with the possibility to add to that investment by finishing the basement level.

Sep 16, 2026 12:37 PM
Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

At $1200 per month, this property could provide affordable housing which is below the average cost of a rental, while at the same time providing a good investment for the purchaser. 

Sep 16, 2026 12:52 PM
Ken Semler
ImpresaModular.com - Martinsburg, WV
Nationwide Custom Modular Home Builder

Ron, the month-to-month leases give a buyer useful flexibility, and the unfinished lower level creates a clear value-add question. The advertised gross return is a helpful first screen, while the real decision will come from expenses, vacancy, deferred maintenance, ground rent, and the cost and approval path for a fourth unit. That combination should help serious investors evaluate the opportunity quickly.

Sep 21, 2026 04:41 AM