Converted Dwelling
3207 GUILFORD AVENUE
BALTIMORE , MD 21218
MLS#: MDBA2155480
$475,000
Property
Beds
6
Full Baths
3
1/2 Baths
1
Year Built
1900
Sq.Footage
2,394
This rented 6-bedroom, 3-bath home is leased from 5/1/2025 through 5/31/2026, making it a turnkey investment for rental property owners. Great investment property: 8.6 GRM @ market rents; 9.62% Cap Rate, 12.85% Projected Cash-on-Cash Return. Current rent is $4,400; market rent is $4,600. Tenants are responsible for all utilities and snow removal! The home features wood floors throughout, fresh paint, and a denned-out basement. An oversized living and dining area provides ample space for entertaining. The kitchen is built for durability, equipped with a 30" gas range, refrigerator, dishwasher, garbage disposal, and easy-to-maintain laminate countertops. A convenient half bath is located on the main floor. The second floor offers four bedrooms and a full bath, while the third floor has two additional bedrooms and another full bath. The partially finished basement provides abundant storage or extra living space and includes a third full bathroom, along with a washer and dryer. This property holds a valid rental license through 4/4/2027 and is professionally managed by a local company for added ease. Residents can enjoy free street parking on Guilford Avenue, while those seeking off-street parking have access to over 20 nearby garages, professionally managed by Preller Properties. The property is just four walkable blocks from Johns Hopkins University Homewood Campus and the Charles Village Shopping District, home to Chipotle, Starbucks, Barnes & Noble, Streets Market, and a variety of shops and restaurants. Union Memorial MedStar Hospital is conveniently located two blocks north. For added peace of mind, the street is monitored/serviced by Charles Village Special Benefits District and Johns Hopkins Campus Security Officers. Incoming group of tenants did receive a leasing incentive; May 2025 Rent is discounted to $2700. See our cash flow in documents.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Above Grade Finished Area
2094.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$475,000
-
Tax Amount
4923.0
-
Zoning
Licensed for 1 Dwelling Unit. Rental License valid through 4/4/2027.
-
Sq. Footage
2, 394
-
Price/SqFt
$198
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
046
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Cheryl L, Sadera , Ben Frederick Realty, Inc.
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Sarah Strong
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