Add an immediate, hassle-free income generator to your portfolio with this fully stabilized 2-bedroom, 1.5-bathroom property priced to sell. Boasting an incredible 15.8%+ gross rental yield and a low Gross Rent Multiplier of just 7.58, this asset delivers powerful, immediate cash flow right out of the gate. Featuring a reliable Section 8 tenant currently paying $1,317 per month-who just seamlessly renewed their lease for a third consecutive year in July 2026-this property offers guaranteed, government-backed rental income with zero startup vacancy lag. Best of all, a professional property management company is already in place, making this a truly turnkey, hands-off investment for local or out-of-state portfolio builders. Skip the rehab timelines and tenant placement hassles. Capitalize on strong returns and proven stability from day one. Schedule your showing today!
| MLS # | MDBA2225378 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 32 |
| Listing Provided By | Berkshire Hathaway HomeServices Homesale Realty | Recep Gurgen |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 910 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | OR-1 |
| Acreage | 0.02 |
| Cooling | Central A/C, Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1298 |
|---|
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21223 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $99,900 low | high Med: $350,000 sqft: 910 low | high Med: 882 $ / sqft: $110 low | high Med: $397 On site: 32 low | high Med: 63 | |
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21223 |
| Area | BALTIMORE CITY MD |
| Community Name | NONE AVAILABLE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $99,900 low | high Med: $350,000 sqft: 910 low | high Med: 882 $ / sqft: $110 low | high Med: $397 On site: 32 low | high Med: 63 | |
![]() | $114,950407 Lynn AveBaltimore, MD 21223 |